Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic
SONALI BHATLI

SONALI BHATLI

Accounts Payable Manager
New Delhi

Summary

Results-oriented finance professional with 14 years of comprehensive experience in managing financial operations and driving process optimization. Expertise in overseeing Accounts payable, cash accounting, and team leadership, consistently enhancing operational efficiency and ensuring adherence to compliance standards. Committed to achieve excellence in financial management through strategic insights and a detail-oriented approach.

Talented Accounts Payable Manager with success in leading 10 direct reports. Consistently enhances operations and streamlines timelines while upholding all quality standards and regulatory mandates.

Overview

15
15
years of professional experience

Work History

Accounts Payable Manager and Process Transformation Lead

BlackRock Services India Pvt Ltd
02.2024 - Current
  • Lead and manage Global invoice processing team, ensuring the accuracy of all invoices in Coupa, their approval, and timely payment.
  • Lead multiple acquisitions-GIP,Preqin and HPS and Jio-BLK JV at BlackRock for invoice processing team,ensuring smooth transition of the process.
  • Liaise with the accounting, procurement, and other departments to address discrepancies and to ensure that payments are processed without delay.
  • Evaluate and authorize significant invoices, confirming adherence to organizational policies and procedures.
  • Develop and maintain relationships with vendors to address payment challenges and negotiate optimal terms.
  • Generate consistent reports regarding invoice status, aging reports, and payment schedules for the review of senior management.
  • Ensure that internal controls are upheld and that there is full compliance with industry regulations and the policies of the company.
  • Liase with tax team to address tax related issues,TDS reconciliations and VAT process.
  • Leading process transformation initiatives, specifically focusing on invoice ingestion ,Straight Through processing and the implementation of NXG Forensics to detect risks and gain insights.
  • Lead a team of 10 members, providing mentorship, facilitating training, and assessing their performance.

Cash Accounting Manager

BlackRock Services India Pvt. Ltd.
01.2020 - 01.2024
  • Oversee the daily operations of cash accounting, which encompasses cash reconciliations, journal entries, and reporting.
  • Supervise a team of three team members ensuring they receive appropriate guidance, training, and performance reviews.
  • Implement and manage internal controls to safeguard cash assets and confirm alignment with company policies and regulatory requirements.
  • Generate and present KPI reports on a monthly, quarterly, and annual basis to the senior leadership.
  • Assure the timely and accurate finalization of month-end and year-end closing activities pertaining to cash accounting.
  • Integrate automation to refine cash processing efficiency and diminish manual errors, leading to a 30% enhancement in operational effectiveness.
  • Roles and Responsibilities

Analyst

BlackRock Services India PvtLtd.
02.2014 - 12.2019
  • Managed daily cash reconciliations and reviewed bank statements for discrepancies.
  • Processed cash receipts and disbursements, ensuring accuracy and proper documentation.
  • Collaborated with cross-functional teams to resolve cash discrepancies and streamline processes.
  • Achievements/Tasks

Lead Financial Analyst

American Express India Pvt. Ltd.
05.2011 - 01.2014
  • Performing the reconciliations for the two key banks of American Express -AECB and FSB Banks.
  • Coordinating with various teams externally and internally to ensure timely clearance of aged items.
  • Prepare monthly LOB Deck and Exception Reports for both the banks for reporting to global and Process Owners/Market controllers.
  • Handling internal reviews and request for internal and external audits such as FDIC, PwC, SOX etc.
  • Achievements/Tasks

Currency and Commodity Derivative Trader

Jaypee Capital Services Ltd.
06.2010 - 04.2011
  • Exposure of trading into Equity (SENSEX), being a part of a deal with BSE.
  • Engaged in stock trading based on their analysis and research of Meta stock and Reuters charts.
  • Engaged in market making, generating spreads, and participating in trading, arbitrage, and direct activities for profitable outcomes.
  • Achievements/Tasks

Education

Masters In Business Administration (MBA) -

IMT
01.2017

Masters in Commerce (M.Com) - undefined

Delhi University
01.2012

Bachelors In Commerce (B.Com) - undefined

Delhi University
01.2010

Higher Secondary Education - undefined

Sachdeva Public School
01.2007

Matriculation - undefined

Sachdeva Public School
01.2005

Skills

Coupa

Accomplishments

    NXG Forensics Implementation

    Led the end-to-end implementation of NXG , a comprehensive forensic investigation tool used to detect fraud and analyze financial data

    Invoice Ingestion

    Leading the implementation of an automated invoice ingestion system, streamlining the end-to-end invoice processing workflow and significantly reducing manual data entry and error

    APAC Cash Accounting Transition

    Led the regional transition of cash accounting operations for the Asia-Pacific (APAC) region, overseeing the cash management processes to a standardized, centralized platform across 9 countries.

Timeline

Accounts Payable Manager and Process Transformation Lead

BlackRock Services India Pvt Ltd
02.2024 - Current

Cash Accounting Manager

BlackRock Services India Pvt. Ltd.
01.2020 - 01.2024

Analyst

BlackRock Services India PvtLtd.
02.2014 - 12.2019

Lead Financial Analyst

American Express India Pvt. Ltd.
05.2011 - 01.2014

Currency and Commodity Derivative Trader

Jaypee Capital Services Ltd.
06.2010 - 04.2011

Masters in Commerce (M.Com) - undefined

Delhi University

Bachelors In Commerce (B.Com) - undefined

Delhi University

Higher Secondary Education - undefined

Sachdeva Public School

Matriculation - undefined

Sachdeva Public School

Masters In Business Administration (MBA) -

IMT

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