Vreeshen Kumar Sharma
Hyderabad
Summary
To be an expert in my area of work, with a passion for challenges, innovation and working with people in different industries and utilize my skills and experiences to make positive contribution to my employer and enhance my knowledge.
Seasoned Authorized Officer with background in compliance and operational risk management. Skilled in implementing control measures, ensuring adherence to regulations, and managing relationships with regulatory bodies. Strong leadership abilities paired with sound decision-making skills have consistently ensured organization-wide compliance. Previous roles demonstrate significant impact through development of effective risk frameworks and mitigation strategies.
Overview
10
10
years of professional experience
Work History
Authorized Officer
UBS BUSINESS solutions India Pvt Ltd
hyderabad
11.2021 - Current
- Facilitated compliance with regulatory standards across financial operations.
- Managed documentation and reporting processes for client transactions.
- Coordinated communication between stakeholders to enhance operational efficiency.
- Streamlined workflows by implementing process improvements and best practices.
- Validating and coding the invoices as per cost allocation in market data system
- Handling critical vendor like Bloomberg, Refinitive, Factset ,Six financial and Dbag .
- Coding and reconciliation of invoices in Ariba
- Preparing month end Debt file and sharing it with vendors
- Allocating daily volumes to team members
- Taking care of GR and other activities
Accounts Payable Administrator
Cubic Transportation India Pvt LTD
Hyderabad
06.2020 - 11.2021
- Invoice processing is one of the important fundamental in the Accounts Payable Department. Which comprises verifying the invoice details and entering all the data in the system.
- Processing the invoices and Identifying the errors in a quality check and ensuring that they are rectified in a timely manner is the major role of the team.
- Scanning the invoices received from the vendors
- Processing the PO & Non PO invoices with the respective details without any duplication
- Review and testing the duplicates by analyzing root cause to maintain smooth way of postings in the SAP system.
- Handling escalations emails and calls from the vendors
- Publishing daily & bi-weekly reports to the Management.
- Managing All types of queries from the from the vendor on the invoices raise
- Managing Aged creditors invoices
- Handling vendor emails and Business
- Reconciling the statements on weekly bases and reporting to vendor.
- Coding the invoices based upon the GL and cost center.
- I had worked for more than 5 years in cognizant and handled accounts payable department of one of the top Bank in America.
- Received Best New Joiner Award for an outstanding performance in Q3
- Cognizant Star Award in meeting SLA on time.
- Appreciated with Cognizant Unicorn Award for understanding the process to the client live
- Star awards for process improvement ideas
- Presented live demo of process to the Clint on offshore visit.
- Trained complete team on invoice processing and validation in Pune
- Three-time recipient of Clint awards for outstanding services to the vendor.
- Coordinated with cross-functional teams to resolve discrepancies in accounts.
- Processed vendor invoices accurately and timely in financial system.
- Communicated effectively with vendors regarding payment statuses and inquiries.
- Supported internal audits by providing necessary documentation and reports.
- Utilized accounting software to streamline invoice processing and approvals.
- Generated weekly aged accounts payable report to analyze open balances due from vendors and suppliers.
- Maintained accurate records of all accounts payable activities in the accounting system.
- Posted journal entries for approved invoices into the general ledger system.
- Prepared vendor payments via check, wire transfer or ACH payment methods.
- Ensured compliance with applicable tax laws, regulations and internal controls.
- Established streamlined invoice processing procedure resulting in more timely payments.
- Maintained financial aging report to ensure consistent accuracy.
- Reconciled vendor statements, researched and corrected discrepancies as necessary.
- Communicated with vendors and other departments to reconcile company purchases.
- Researched invoice discrepancies and resolved billing issues with suppliers and vendors.
- Analyzed vendor contracts regularly to identify areas where cost savings can be achieved through more favorable pricing arrangements.
Senior Process Associate
Cognizant
Hyderabad
07.2015 - 06.2020
Senior Accounts Payable Specialist
Cognizant
hyderabad
07.2015 - 06.2020
- Managed invoice processing and ensured timely payments to vendors.
- Reviewed and reconciled accounts payable transactions for accuracy.
- Collaborated with cross-functional teams to resolve payment discrepancies.
- Trained junior staff on best practices in accounts payable procedures.
- Analyzed payment trends to identify opportunities for cost savings.
- Assisted in month-end close activities related to accounts payable functions.
- Researched any invoice or payment discrepancies in order to resolve issues quickly.
- Prepared weekly check runs for multiple entities.
- Prepared journal entries for month-end close related to Accounts Payable activities.
- Reached out to vendors to discuss and correct billing issues.
- Provided support to external auditors during the annual audit process.
- Analyzed discrepancies between vendor invoices, purchase orders, and receiving documents.
- Conducted monthly reviews of vendor statements ensuring accuracy of account balances.
- Assisted with month-end closing activities including accruals, reconciliations, and journal entries.
- Monitored accounts payable aging reports to ensure timely payment of all invoices due.
- Verified accuracy of vendor setup information in the system prior to processing invoices for payment.
- Calculated, documented, and reported on regular sales commissions.
Education
Bachelor of Commerce - Computer
Bhavan's Vivekananda College
Intermediate board -
Sri Chaitanya Jr. College
SSC -
Rao's High School
Skills
- Initiative-taking
- Flexibility and Adaptive Learner
Accomplishments
- Received Best New Joiner Award for outstanding performance in Q3
- Cognizant Star Award in meeting SLA on time
- Appreciated with Cognizant Unicorn Award for understanding the process to the client live
- Star awards for process improvement ideas
- Presented live demo of process to the client on offshore visit
- Trained complete team on invoice processing and validation in Pune
- Three-time recipient of client awards for outstanding services to the vendor
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge.
Personal Information
- Father's Name: Amarnath Sharma
- Date of Birth: 07/22/93
- Nationality: Indian
Languages
English
First Language
Timeline
Authorized Officer
UBS BUSINESS solutions India Pvt Ltd
11.2021 - Current
Accounts Payable Administrator
Cubic Transportation India Pvt LTD
06.2020 - 11.2021
Senior Process Associate
Cognizant
07.2015 - 06.2020
Senior Accounts Payable Specialist
Cognizant
07.2015 - 06.2020
Bachelor of Commerce - Computer
Bhavan's Vivekananda College
Intermediate board -
Sri Chaitanya Jr. College
SSC -
Rao's High School