Suraj Rakate
Specialist-Receivables F&A
Gurgaon
Summary
Highly analytical accounts receivable (A/R) professional with a thorough knowledge of accounting, billing and collections systems, processes and best practices.
Efficient Accounts Receivable Specialist offering 10+ years of experience in accounts receivable functions. Excellent knowledge of collection and claims procedures with strong communication skills utilized in resolving customer queries. Skilled in accurately preparing weekly and monthly reports within tight deadlines.
Overview
12
12
years of professional experience
5
5
years of post-secondary education
Work History
Accounts Receivable
PeopleStrong Technologies Pvt Ltd
Gurgaon
09.2020 - Current
- Reduced outstanding accounts receivable, diligently monitoring overdue invoices and following up with clients.
- Improved cash flow management by closely monitoring accounts receivable collections and promptly addressing overdue payments.
- Obtains revenue by processing invoices, resolving missed payments, updating financial records, and effectively supervising staff engaged in similar activities.
- Accomplishes accounts receivable human resource objectives by selecting, orienting, training, assigning, scheduling, coaching, counseling, and disciplining employees; communicating job expectations; planning, monitoring, appraising job contributions; recommending compensation actions; adhering to policies and procedures.
- Meets accounts receivable operational standards by contributing information to strategic plans and reviews; implementing production, productivity, quality, and customer-service standards; resolving problems; identifying system improvements.
- Meets accounts receivable financial standards by providing annual accounts receivable budget information; monitoring expenditures; identifying variances; implementing corrective actions.
- Collects accounts by contacting customers referred by clerks; investigating circumstances of non-payment; negotiating and resolving conflicts; expediting payment.
- Supports financial planning by forecasting cash.
Accounts Receivable
ARC Security Solutions Pvt Ltd.
06.2020 - 09.2020
- Maintain A/R records; prepare statements, bills and invoices; process payments; respond to customer inquiries regarding account status; and reconcile expenses to general ledger
- Billing Automation: Created new policies and procedures around AR, cash flow and reconciliation processes, reducing average invoice processing time
- Customer Relations: Nurtured healthy customer relationships to ensure timely payments
- Monthly Close: Delivered accurate and on-time monthly financial closing for A/R functions
- Highly analytical accounts receivable (A/R) professional with a thorough knowledge of accounting, billing and collections systems, processes and best practices
- Work proactively with other departments in identifying and resolving accounts receivable related issues
- Analyze billing submitted by field managers, process in accounting software and apply payments
- Prepared journal entries, participated in monthly closing, and reviewed inter-company accounts
- Corresponded via email and telephone collecting on past due accounts, resolving disputes and questions, researching misapplied payments, errors in contracts, and other discrepancies
- Initiated the reorganization of the filing system to be more efficient and effective
- Commended by senior management for processing receivables quickly and accurately
- Improved the processing of payments by streamlining the billing integration process
- Collected payments for customer billing and posted to general ledger
- Collected on accounts by sending bill reminders and communicating with responsible parties via phone, email, or mail
- Researched and reconciled any discrepancies with payments received, batches posted and bank balances
- Created and updated Excel spreadsheets to document office activity and create reports
- Maintained client accounts by processing applications, policy changes, calculating premiums and inputting information into database
- AR Ageing, Debtors ageing wise performances
Senior Accounts Executive
Chrysalis
Gurgaon
06.2013 - 11.2016
- Preparation and online filing of the TDS
- Preparation and online filing of the GST
- Preparation and finalization of Accounts, preparation of Financial Statements
- Debtors and Creditors balance reconciliation and age-wise analysis of Debtors balances
- Preparing of Cheques and entry into accounting systems
- Preparation of Bank Reconciliation Statements and MIS reports
- Improved cash flow management for timely payment of company expenses and obligations.
- Reconciliation the Debtors Statement and Co-ordinate with Debtors
- Managed a team of junior accountants, providing guidance, training, and performance evaluations to ensure their professional growth and development.
Education
Master of Commerce - Accounts
Rajasthan University
Alwar 04.2011 - 03.2013
Bachelor of Commerce - Financial Accounting
Rajasthan University
Alwar 04.2009 - 03.2011
1 Year Computer Accounting Diploma - Accounts Manager
AICA
Alwar, Rajasthan 04.2010 - 03.2011
Skills
Timeline
Accounts Receivable
PeopleStrong Technologies Pvt Ltd
09.2020 - Current
Accounts Receivable
ARC Security Solutions Pvt Ltd.
06.2020 - 09.2020
Senior Accounts Executive
Chrysalis
06.2013 - 11.2016
Master of Commerce - Accounts
Rajasthan University
04.2011 - 03.2013
1 Year Computer Accounting Diploma - Accounts Manager
AICA
04.2010 - 03.2011
Bachelor of Commerce - Financial Accounting
Rajasthan University
04.2009 - 03.2011
Disclaimer
I hereby declare that the information furnished by me is true to the best of my knowledge. I am ready to produce testimonials whenever desired.
Personal Information
- Father's Name: Shivaji Rakate
- Date of Birth: 01/10/91
- Marital Status: Married
- Religion: Hindu
Disclaimer
I hereby declare that the information furnished by me is true to the best of my knowledge. I am ready to produce testimonials whenever desired.
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