Sunny Sehgal

Leadership and Management

• Lead, mentor, build, and develop the accounts payable team.
• Set performance goals, monitor progress, and provide regular feedback.
• Foster a positive and collaborative team environment.

Accounts Payable Operations

• Oversee the end-to-end accounts payable process, including invoice processing, payment execution, and vendor management.
• Ensure all KPI's are achieved in accordance with the organization's objectives.
• Manage the reconciliation of accounts payable transactions.

Process Improvement

• Identify opportunities for process improvements and implement best practices.
• Develop and maintain standard operating procedures for the accounts payable function.
• Utilize technology and automation to enhance efficiency and accuracy.
• Lead the SAP Implementations Project

Vendor / Internal Stakeholder Relations

• Build and maintain strong relationships with vendors and Internal Stakeholders.

Compliance And Reporting

• Ensure compliance with company policies, procedures, and regulatory requirements.
• Prepare and present reports on accounts payable activities, metrics, and performance.
• Collaborate with internal and external auditors during audits.
• Ensure GST & TDS Reconciliations are performed as per timelines and agreed process.

Collaboration

• Work closely with the finance team to support month-end and year-end closing activities.
• Coordinate with other departments to resolve any issues impacting the accounts payable process.
• Participate in cross-functional projects as needed.

• Leading the P2P Process for GSK Asia Pvt Ltd for majorly for Accounts Payables for AP Process & Travel expense Process with support of 18 Direct reportee & I am Currently directly reporting to SSC Finance Director
• Leading Travel and expense process with Concur Tool and in compliance with Travel policy of GSK
• Ensuring Invoices / Travel Claims processed within SLA timelines & accuracy, reporting of KPI's through Internal Control Tools Designed for Smooth Functioning for P2P Process
• Preparation of Monthly Dashboard for Management Review with respect to AP KPI's like Paid on Time/ Exceptions/ First Time Pass Invoices/ Provision Vs Actual / Month End, Overdue Ageing/ Retro PO KPI Tracking
• Responsible for Maintaining & Supervising P2P Process KPI and SLA Management Reporting and Dashboard preparation Month End Activities with support of Team
• Driving Process Improvements with respect to Timely payments to suppliers and Critical MSME suppliers ageing and payment on time tracking though internal control tools
• Driving various Internal Controls on Monthly/quarterly and annually basis such as Duplicate Invoicing/ PO complaint/ SOA confirmation/ Open GRNI ageing reporting etc as per global hub model Reporting
• Responsible for Team Appraisal evaluation & discussion and Skill development through 360 Degree development policy of GSK
• Handling Invoices & Payment's approval process for GSK Direct and Indirect payable domain
• Handling Internal and Statutory Audit Closure for P2P Area and addressing audit requirements & queries for Final Report
• Worked as Super User for SAP Implementation Project & Trained the Entire Team on SAP Process & successfully implemented the ERP
• Worked as Super User for T&E Expense project for Implementing Concur Tool in GSK for all employee reimbursement process and imparted session for all employees for Concur Guide and Features
• Monitoring GST 2A Reconciliation and supporting team in identification of discrepancies and closure of same
• Monitoring the Vendor reconciliation and Balance confirmation activities on quarterly basis
• Monitoring the Employee Travel Expense Claim process for 1400 GSK Employees through Concur Tool & supporting team to manage employee payments and queries
• Supervising Month End Activities and supporting in Month End Entries and Preparation of Balance sheet & P&L Schedules
• Handling Management Reporting and P&L Analysis requirements for Budget Planning and Forecast
• Monitoring Treasury Funds Forecast requirements and addressing working capital forecast data requirements
• Supervising Payments for Supplier & Employee Payables and handling BRS Entries and Queries
• Preparation of TDS Payable Schedule and TDS reasonability Report for Deviation Analysis
• Responsible for identification of Individual & Team requirements in terms of Skill Set enhancement / Training / Interpersonal & Motivational requirements
• Supervising Management Presentations on Process Changes/ KPI Achievements / Key Highlights and Challenges on Quarterly Basis
• Supervising Provision and Actual entries and Preparation of Ageing Reports for capturing the process Gaps
• Handling Balance Sheet Reconciliation Schedules & Monitoring the Key Payables ledgers and their Ageing
• Handling T&E Policies Benchmarking and Trend Analysis to support HR for identification of Current Policy Rationale
• Rewarded with Bronze award in 1st Qtr
• Of 2020-21 for outstanding performance in Driving the AP Process during Pandemic Scenario and managing entire process through virtual scenario and delivering zero errors and on time payments along with 100% compliance adherence
• Rewarded with Silver Award in 3rd QTR 2020-21 for driving the NDC activity for supplier's balance confirmation and successfully closed with 97% completion of No due Certificate received from vendors for Balance up to 31st Mar'20
• Rewarded with one of the most prestigious GSK Platinum Award for outstanding performance and dedication for Driving the Designing of New KPI/ SLA Dashboards and parameters along with SAP & Concur Implementation Project for entire 9 Months and successfully implemented the ERP and Trained the Entire 10 Team Members on the same for Business-As-usual Process and KPI driving on regular basis
• Active Member of Finance Fun Team and Sincere Participation in driving various activities for Entire India Finance Team Including HR function
• Nominated for Business Excellence for P2P Team for exemplary performance during Entire year and being Most Compliant during Pandemic Scenario
• Currently Working on Project for implementation of BOT processing in payables function for RM/PM Direct payables PO based Invoices and will be replacing 3 FTE for invoice Volume of approx
• 3750 invoices

• Responsible to handling AP & T&E travel claims process and report the KPI and exceptions to management
• Responsible for authorizing all vendor invoices and vendor payments - Checking of all vendor invoices as per SOP and ensuring same are as per agreements / PO
• Further approving all vendor payments by ensuring proper tax compliance has been met
• Preparation of Monthly Dashboard for Management Review with respect to AP KPI's like Paid on Time/ Exceptions/ PO Complaint/ AP touchless /Business touchless Month End, Overdue Ageing Trade Payables/Provisions KPI Tracking
• Leading team of 4 members for driving AP process for India and Import A1 payments for China and Bangladesh
• Perform financial reporting KPI Monitoring & addressing Adhoc business analyses
• Ensuring Invoices / Travel Claims processed within SLA timelines & accuracy, reporting of KPI's through Internal Control Tools Designed for Smooth Functioning for P2P Process
• Taking care of internal control and financial reporting system, ensuring compliance with SOP, SLA
• Preparing monthly KPI on the Financial MIS
• Planning vendor account reconciliation on quarterly basis and resolving resolutions
• Identify and diving area of opportunities
• Preparing and evaluating month end results analysis
• Assist in preparing the monthly management report
• Opex management
• Organizational Expense & HC reporting, Bookings, support Opex management
• Monthly closing and reporting which includes preparation of accruals, prepaid amortization, review of ledgers, Preparation of variance analysis report, monthly reporting of balance sheet and Profit and loss schedules
• Budgeting and forecasting: Involved in preparation of the quarterly and annual budgets, revenue forecasts, and cost analysis with budgets
• Supervise the month end closing process and ensure accuracy and timeliness in reporting and books closing
• Accountable for statutory payments and accounting like TDS, GST etc
• Cash Flow preparation on weekly basis to have a clear understanding of inflow and outflow of cash
• Bank Reconciliation on monthly basis for optimize utilization of cash
• A strong working knowledge in MS Office (especially in Excel and Power point)
• Co-ordination for all the internal & external audits
• Prepare Bank reconciliation and follow-up to clear all unreconciled items
• Ensure financial control processes are compliant with internal/external/SOX audit requirements
• Perform monthly intercompany and GL reconciliation
• Intercompany reconciliation on monthly basis
• Responsible for foreign payments of imports goods and services (A1 and A2)
• Recognized as outstanding Performer & delivered great results in clearing old Payables for A1 Import payments and closing the intercompany reconciliation for Year End balances
• Awarded for driving Cross Training program within teammates for creating backups and strengthening the process & individual skills
• Participated in SAP Project for updation of ERP from Standard to VIM tool and successfully implemented the process and cleared the Pilot phase
• Actively participated in Cross Functional demonstration for process highlights and key changes

• Handled all India employees (Head Office, Region, Factory) (1000+) expense reimbursement
• Handled employees corporate credit card payment and reconciliation
• Ensure Accuracy in Invoice and Payment processing for Shared Service process and reporting of monthly KPI/SLA
• Driving Process improvements for Accounts payable invoice processing and Paid on time KPI maintenance
• Monthly closing and reporting which includes preparation of accruals, review of ledgers, Preparation of variance analysis report, monthly reporting of balance sheet and Profit and loss schedules
• Full and Final settlement for left employees
• Preparing schedule for Employee Loan account(advance account) on monthly basis
• Accountable for report of Finished Goods Stock Movement (Quantity Recon) between Factory V/S bond
• Sharing Ageing and Travel Account Report with Finance Director on Monthly basis
• Responsible for Provident Fund data consolidation for manpower employees of Factory
• Handling all India Employees queries and provided solution to them as per TAT
• Prepare Schedule for Monthly Provision of Travel & Other Employee Expenses
• Handling team of 2 team member for bill booking & reviewing the transactions booked
• MIS reports for SSC Team ageing & Transaction's status
• Prepare various schedules for reporting purpose (Undisbursed Salary, Advances, and Membership)

• Handled controlling & processing of P&L Expenses provisions & actual, reconciliation for all divisions
• Maintained provision of all opex and capex expenses on monthly basis
• Provision tracking & controlling of provision against expenses
• To Implement ACC Certificates by all divisions
• Handled verification of sales Schemes against customer Claim
• Handled MIS preparation & controlling of expenses booked against provision in All Divisions
• Handled Month End closing reporting & prepare analysis reports on Provision Vs Actual expenses
• Handled CST/ VAT difference entries on sales return & raise debit/credit note against the same
• To verify AMC /CMC / WARRANTY expenses working & give credit to respective vendors
• To Prepare MIS Reports on monthly Basis to actualize the provisions & Pass necessary entry for Short / Excess provisions
• To give credit in customer account in SAP after verification & customer reconciliation

• Key member in the integration process between two entities- Legacy Caritor UK and Keane Ltd Accounts Payable Module
• Complete track and control of the Payments processed and functioning as SPOC for UK AP
• Creating journals in PeopleSoft for the accruals and re class entries
• Contract Cost Analysis and reconciliation of Purchase Services at the Month End
• Successful Transition/Offshore of AP Activities
• Finalizing Statement of Accounts from Inter-co customers on every month end and confirming AP balance on monthly basis
• Key contact person for Suppliers for resolving issues and payments etc
• Reconciliation of vendor balances with the general ledger
• Reconciliation of re-billed expenses with re-billed revenue
• Handling of month-end activities like provision entries, accruals, and schedules
• Taking care of audit requirements and responding to the queries raised by the auditors