Vishal Malekar
Thane
Summary
Dynamic finance professional with extensive experience at Grasim Industries Limited, excelling in SAP S4 HANA for efficient payment processing and accounts reconciliation. Proven track record in enhancing vendor payment accuracy and fostering strong vendor relationships. Adept at process improvement and committed to delivering exceptional results in high-volume environments.
Overview
3
3
years of professional experience
Work History
Lead Non Employee reimbursement and Non-Plant AP
Grasim Industries Limited
Mumbai
08.2022 - Current
- Promoted to Lead Employee Reimbursement and Non-Manufacturing Accounts Payable, managing claims for over 5,000 employees.
- Ensured timely processing of high-volume vendor invoices in SAP and payments across various departments.
- Maintained compliance with laws and regulations governing accounts payable processes.
- Reviewed and reconciled accounts payable ledger to verify accurate payment postings.
- Processed invoices and purchase orders to facilitate prompt payments.
- Responded to vendor inquiries regarding account balances and expedited payment requests.
- Collaborated with department personnel to generate precise and timely billing statements.
- Contributed to Vendor Invoice Management implementation team efforts.
Accounts Executive
Godrej Properties Limited
- Accounts Payable:
- - Handling Accounts Payable team for Head Office.
- - Approved and paid invoices before deadlines, corresponding with vendors within 1 business day about issues or discrepancies.
- - Monitored all payments and expenditures, including payroll, Purchase Orders, Work Orders, Invoices, Bank Account Statements, decreasing errors through organized digital and paper files.
- - Verified the accuracy and completeness of invoices and researched invoice discrepancies of fellow departments.
- - Handling invoice processing, Vendor Payments, Payment upload to Bank and follow up for approvals.
- - Vendor Scrutiny on weekly basis.
- - Monthly TB scrutiny.
- - Vendor Creation, GL Creation, Service Creation, Work Order/Purchase Order Creation.
- - Bank Reconciliation.
- - Maintaining Vendor's Bank details in SAP for smooth payment process.
- - Part of Automated Invoice booking tool linked to SAP with automated payment tagging.
- - Initiated Automatic Vendor Payments though SAP.
- Accounts Receivable:
- - Accounting of sale of scrap, Sale of assets, DM Fees, Chargeback fees.
- - Follow up for receivables from Subsidiaries and other stake holders.
- MIS and Audit:
- - Preparation of Cash Flow at CONSOL level.
- - Preparation of Fixed Asset Schedule at Standalone and at CONSOL Level.
- - Intercompany Reconciliation.
- - Vendor Ageing.
- - Customer Ageing.
- - Trade Payables.
- - Trade Receivables.
- - Schedule 3 tally with Financials.
- - Arranging various data for Auditors. Approvals, POs, WOs, Approval Matrix, Sample Invoices.
- - Attending and solving Audit queries.
- Salary:
- - Salary Recovery, Full and Final Recovery.
- - Salary Payment at Standalone Level with Accuracy.
- - Full and Final payments.
- - Developed Salary Automation Module in SAP for monthly Salary Allocation entries.
Accountant
M/S Safety & Fire Engineers
- Invoice Processing
- Purchase Order / Work Order Creation
- Vendor payments
- All cash and Bank Transactions
Education
Batchler of Commerce -
Skills
- SAP S4 HANA
- Payment scheduling and processing
- Petty cash management
- Expense reporting
- Invoice and purchase order management
- Accounts reconciliation
- Bank reconciliation
- Process improvement
Awards
- Godrej Ace Award for Collaboration - MIS Team
- Bright Spot Award for Salary Automation Process
Timeline
Lead Non Employee reimbursement and Non-Plant AP
Grasim Industries Limited
08.2022 - Current
Accounts Executive
Godrej Properties Limited
Accountant
M/S Safety & Fire Engineers