V SOWMYA

Proficient in management of accounts payable, accounts receivable, financial reporting and account reconciliations. Exceptional financial analysis skills, Instrumental in streamlining office functions to automate system, enhance productivity, and maximize financial control. Effectively analyze situations and provide innovative solutions. Committed and results-oriented professional willing to go above and beyond to contribute to team objectives. Highly skilled in collections with aptitude for addressing past-due accounts and cultivating satisfaction.

Professional Experience

Lean Six sigma Green belt in KPMG, Chennai. – 2018

Project 1: Lean Six sigma on Chargeable hours management-2021

• Led a Lean Six Sigma project to improve the accuracy of billing chargeable hours to clients, resulting in increased client satisfaction and revenue growth.
• Utilized DMAIC (Define, Measure, Analyze, Improve, Control) methodology to address discrepancies in time tracking, recording, and billing processes.
• Collaborated with cross-functional teams to define project scope, establish key metrics, and identify root causes of billing errors.
• Conducted detailed analysis of existing processes, utilizing tools such as Process Maps, Cause and Effect Diagrams, and Statistical Analysis to identify areas for improvement.

Achievements:

• Improved client satisfaction scores related to billing accuracy by 92%
• Recognized by senior management for exemplary project management skills and ability to drive measurable results

Project 2: AR collections -2023

• Led a Six Sigma project focused on optimizing accounts receivable (AR) collection processes, resulting in significant improvements in cash flow and reduction in days sales outstanding (DSO).
• Collaborated cross-functionally with finance, customer service, and sales teams to streamline invoice generation and delivery processes, improve communication with customers, and implement automated reminders for overdue payments.
• Developed and implemented standardized collection procedures and policies, improving consistency and efficiency in AR management.
• Established controls and monitoring mechanisms to sustain improvements over time, including regular performance tracking, process audits, and feedback loops.
• Utilized DMAIC (Define, Measure, Analyze, Improve, Control) methodology to analyze and improve AR collection workflows, identifying root causes of late payments, disputes, and delinquencies.

Achievements:

• Reduced days sales outstanding (DSO) by 30-45 days, resulting in improved cash flow and liquidity.
• Increased collection effectiveness index (CEI) leading to a decrease in write-off rates and bad debt expenses.
• Recognized by senior management for outstanding leadership and contributions to process improvement initiatives.

• Recognized for achieving 100% accuracy in invoice creation, demonstrating meticulous attention to detail and commitment to maintaining error-free financial transactions in 2020
• Honored for consistently upholding high standards of integrity and ethics in all professional endeavors, fostering trust and reliability within the team and organization in 2021
• Recognized for significant contributions to improving accounts receivable processes, resulting in enhanced efficiency, reduced outstanding balances, and strengthened financial stability of the organization in 2022

• BBM (Bachelor of Business Management) from New Horizon college, Bangalore in 2013
• PGDM (Post Graduate In Diploma in Management) from Bhavan’s Priyamvada Birla Institute of Management, Mysore in 2015