Summary
Overview
Work History
Education
Skills
Reading Books, Bicycling, Travelling
Timeline
Generic
Karnekota Srikanth

Karnekota Srikanth

Financial Specialist In Accounts Receivables. OTC(Order To Cash)
Hyderbad

Summary

An MBA- open minded, forward-thinking and well organized ; with 7+years of experience in Finance and Accounting Operations. A competent, results-oriented professional and qualitative experience in Process Management, Team Management, Operations Management, Customer Relations Management of Finance & Accounts service delivery experience ; of leading team size of 6 member in shared services; various demographic zones, including Australia, UK, Azerbaijan Middle East & currently managing South East Asia Region. Regularly liaising with country finance team to provide support /resolve issues. Managing global quality operations/ service delivery - insite as well as remote. Lead multiple new transitions – solutioning, hiring right talent, knowledge transfer, stabilizing, KPI preparation. Drive Continuous Process Improvements including automations based on customer requirements. Inducting new technologies like SAP, CWB, Salesforce, & Akritiv Stakeholder Management - working closely with stake holders in multiple geographies, with flexible approach to accommodate dynamic business needs. Controls & compliance focus. Metrics Driven – improvements, decisions driven through supported data.

Overview

11
11
years of professional experience

Work History

Assistant Manager - Finance and Accounts

Cloud 4C Services Pvt Ltd
Hyderabad
01.2020 - 11.2022
  • Client Accounting OTC
  • Overview
  • Cloud4C, a CtrlS Group Company, offers high-availability services through its high-grade data centres, expertise on
  • Hyperscale’s, support for hybrid clouds, multi availability zones and four-way disaster recovery architecture, with a zero data loss guarantee backed by SLAs
  • A cloud evolution partner providing end to end cloud managed services for enterprises by offering complete life cycle management of security of data and a single SLA from detection to remediation
  • Roles & Responsibilities
  • Work as first point of contact for Customers and business partners
  • Responsible for Complete process of Billing & Invoice processing, Cash application and collections
  • Managing the Collections and dispute management, Ensure accurate Billing and cash postings in customer accounts
  • Ensuring past due is within in the limit and clear Open items in customer accounts
  • Daily Coordination on list of customers who pays through cheque
  • Research and close unapplied and unidentified receipts
  • Preparing Account Receivables Report on weekly basis and submitting to senior management
  • Intimating regarding over 90 days receivables to senior management and Dealing with Refunds and write offs.

Financial Operations Analyst & playing a role of SME

  • (Subject Matter Expert) for Amazon Web Services (AWS) and Involved in daily strategic planning with management
  • Reporting activities such as Revenue generated and Revenue collected, month on month
  • Working towards Projects in standardization and Collections & disputes review through SOP & Systems
  • Initiate direct contact with external customers including payment negotiation and providing exceptional customer service
  • Assist sales team to ensure collections and sales numbers are reconciled
  • Validate all newly delivered upfront revenue has been accurately invoiced and that future reoccurring billings are entered to maintain the process SLA
  • Monitoring 30+ aging and setup the target to reach our goal
  • Investigate and research on customer queries regarding Billing and payments issues
  • Analyze aging reports and payment trends, weekly cash projections and account status to senior management
  • Performing dispute resolution with strong customer service follow up and resolved majority of disputes and short pays
  • Responsible for Accounts Receivable aging, tracking, reporting and resolve late payments customers for AWS
  • Analyze aging reports and payment trends, weekly cash projections and account status to senior management
  • Performing dispute resolutions with strong customer service follow ups and resolved majority of disputes and short pays
  • Managing group workload, establishing priorities and ensuring adherence of existing policies and procedures
  • Accomplish accounts receivable target goals by training, assigning, communicating job expectations and adhering to policies and procedures.

Financial Operations Analyst

Amazon
10.2017 - 01.2020
  • Amazon Web Services (AWS) which provides cloud computing, storage, database & Networking to customers across the global (US, Canada, UK, Germany, France, Italy, Spain, Japan, China & India).

Account Receivable Associate (Process Developer)

Genpact
Pocharam, Hyderabad
04.2016 - 10.2017
  • Managed a collection portfolio with an average AR size of $150 Million for an American Financial Services company
  • Client is engaged in the business of financial research and analysis on ‘Stocks and Bonds’
  • As a Credit-Rating Agency (CRA), the company issues credit ratings for the debt of public and private companies, and other public borrowers such as governments and governmental entities
  • It is one of several CRAs that have been designated a nationally recognized statistical rating organization by the U.S
  • Securities and Exchange Commission
  • Was a part of large collection, credit risk evaluation, Process training, knowledge cascading, National reconciliation and dispute resolution service delivery team for an industrial business of S&P global Ratings (Formerly known as Standard & Poor’s Ratings Services)
  • Roles & Responsibilities
  • Responsible for collection of receivables using established collection Procedures on a portfolio of customer accounts
  • Maintain a smooth functioning of credit Portfolio - supplying responsive, process-effective services to internal and external Customers
  • Credit Risk Management
  • Working towards application of unapplied cash and on account credit
  • Reconciliation on disputes and Misapplication
  • Working on bad debt accounts and offer payment plan if require
  • Contact customers on past due invoices
  • Understand and supports performance reporting, identifying service opportunities, etc
  • Understand existing policies and procedures (process maps) to ensure compliance for each business unit
  • Understand Sarbanes Oxley control policies and its application to Treasury Services and ensure compliance
  • Review delinquent accounts on a regular basis to determine root causes
  • Worked on high-end applications/databases like CORE, Salesforce
  • Worked on all documentation for the new processes, like SOP, Governance deck, Cash on accounts
  • Involved in the client/Customer interaction, was the SPOC for all process related queries and training the new hires on process and policies.

Phone Banking Officer

ICICI Bank LTD
05.2013 - 01.2016
  • ICICI Bank Debt Service looks into servicing existing customers of ICICI Bank who are unable to pay their credit card or loan dues in time
  • We engage with customers across segments and provide any and every assistance required to ease their banking journey and servicing their banking, financial and investment need.

Collections Executive

TBSS, TATA BUSINESS SUPPORT SERVICES LTD
06.2011 - 02.2013
  • To collect the unpaid dues of the TCISL Broadband services invoices/bills not paid on time
  • Professional references are available on the request.

Education

MBA - Accounts And Financial Accounting

Aaradhana School Of Business Management
Hyderabad

Skills

Software Technologiesundefined

Reading Books, Bicycling, Travelling

I love reading books, travelling to different places and keep myself motivated with some good health by bicycling and do meditation during my free time.

Timeline

Assistant Manager - Finance and Accounts

Cloud 4C Services Pvt Ltd
01.2020 - 11.2022

Financial Operations Analyst

Amazon
10.2017 - 01.2020

Account Receivable Associate (Process Developer)

Genpact
04.2016 - 10.2017

Phone Banking Officer

ICICI Bank LTD
05.2013 - 01.2016

Collections Executive

TBSS, TATA BUSINESS SUPPORT SERVICES LTD
06.2011 - 02.2013

Financial Operations Analyst & playing a role of SME

MBA - Accounts And Financial Accounting

Aaradhana School Of Business Management

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Karnekota SrikanthFinancial Specialist In Accounts Receivables. OTC(Order To Cash)