Vinitha S

Intercompany – General Ledger Month End closure – IC Reconciliation and Consolidated OTC and Banking Process

• · Missing Invoice Load: Uploading the missing invoices of Intercompany to the respective workflows.
• · Intercompany Netting Payment: Performing Accounts receivable netting and Account payable netting at every month as per statement received from central treasury.
• · Followups: Follow up the missing inter-company invoices with the clients
• · Accruals: Posting journal entries for the accruals of missing accounts payable invoices at the month end.
• · Vendor Accruals: Posting accruals for the vendors who does not fall under netting category.
• · APAR Reconciliation: Preparing the balance sheet pack and reconciliation of Accounts payable and accounts receivable every month.
• · Balance confirmation: Getting balance confirmation from the customers and vendors for the intercompany AR and AP accounts to ensure there is no mismatch between balances in both the sides of the book.
• · Clearing: Clearing AP and AR GL accounts once payment made on value date.
• · Journal entries: As per client requirements posting journal entries between header account i.e Main bank account and bank clearing account.
• · Bank JE: Posting bank interest J.Es based on bank statement

• Processing PO and Non-PO invoices on daily basis
• Handling invoices which are on hold and clearing them
• Work on duplicate payment and give reason for duplicate payment
• Processing ad hoc payment invoices and push it for payment
• Processing on reconciliation
• Clearing GR-IR

• Manages Accounts payable workflow and process invoices on daily basis AP journal booking Handling queries from client sent internally, providing
• AP journal booking Handling queries from client sent internally, providing resolutions related to process
• Manually clearing vend
• Ensure there is no duplicate payment made to vendor open items
• Processing Down payment and Closing payment
• Coordinating with team for processing high volumes.