Yogeshkumar Tiwari
Navi Mumbai
Summary
Results-driven professional with a proven track record in Order to Cash (O2C) domain management. Expertise includes collection, credit control, and cash application. Adept at driving operational excellence and delivering impactful solutions in a dynamic corporate environment.
Overview
12
12
years of professional experience
Work History
Assistant Manager
Nouryon India Pvt Ltd
Navi Mumbai
04.2023 - Current
- Managed the Accounts Receivable Team of 10 to ensure the timely collection of outstanding invoices.
- Prepared and analyzed AR Aging Reports to identify overdue accounts, and implement collection strategies.
- Set up and monitored credit limits for new and existing clients, ensuring credit risk management.
- Specializing in credit control, collections, and cash applications.
- Reviews and release blocked orders due to credit limits or overdues.
- Developed and implemented collection procedures, improving the efficiency and effectiveness of the collection process.
- Dunning: Follow up for payments with customers at regular intervals, and internal and external query resolution.
- Providing inputs for monthly performance dashboards.
- Creating/Updating Credit Insurance Request on Credendo.
- Update the new payer details in FSCM.
- Providing root cause analysis and actions taken on the PF EU overdue report.
- Debt collection and dispute resolution.
- Sharing balance confirmation statements with clients, as per their requirements.
- Provided regular updates on AR status and collection efforts to senior management.
Senior Manager
ICICILOMBARD GENERAL INSURANCE COMPANY
Mumbai
09.2022 - 03.2023
- Preparing monthly, quarterly bordereaux, statements of accounts, and sending the same to network partners, global reinsurers.
- Ensuring payments are made to network partners for premiums, and collecting the claims proportions from them.
- Creating credit notes and sharing them with network partners.
- Ensuring log correction is done at the start of the month for all the network partners, and correcting the commission percentage as per their requirements.
- Focusing on clearing overdue balances under the 60+ bucket from the aging report.
- Reviewing and chasing for unallocated balances and cashes
Senior Accounts Executive
LIONBRIDGE TECHNOLOGIES
Navi Mumbai
07.2018 - 05.2022
- Handling invoicing, collection, and cash application.
- Creating invoices and credit memos, issuing them to customers by all necessary means, and updating customer files with the final issue of invoices to the customers.
- Prioritizing, organizing, and accomplishing daily collection activities.
- Reconciling items on our account against those on our customers' accounts, identifying and resolving any differences within requisite timescales.
- Solving customers' queries on emails and calls.
- Reconcile invoices in case of any queries, and amend accordingly.
- Focusing on clearing overdue balances under the 60+ bucket from the aging report.
- Reviewing and chasing unallocated balances and cashes.
Senior Accounts Executive
JARDINE LLOYD THOMPSON
Mumbai
01.2015 - 04.2018
- Actively controlling and managing all items (accounts receivable/payable) on a portfolio of customer accounts, ensuring timely collection and payment of monies due to or from clients to meet targets.
- Rigorously pursuing debts and queries to resolution.
- Reconciling items on our account against those on our customers' accounts, identifying, and resolving any differences within requisite timescales.
- Reviewing ledgers and providing accurate analysis of accounts.
- Maintenance of relevant records, logs, and timesheets.
- Reconcile invoices, and advise the technical team of any amendments.
- Reviewing and chasing for unallocated balances and cash.
Executive
HAPAG LLOYD GLOBAL SERVICES LTD
Thane
07.2013 - 08.2014
- Manifesting Bill of Lading, and creating and distributing invoices.
- Create various reports necessary for maintaining smooth processing.
Education
B.COM - Accounting And Finance
N.E.S RATNAM College
Mumbai04-2013
HSC - Commerce
Janana Sarita Jr. College
Mumbai04-2010
SSC -
Shree Vardhaman Vidyalaya
Thane04-2008
Skills
- Accounts receivable management
- Credit control
- Collection strategies
- Cash application
- Data analysis
- Financial reporting
- Staff training and development
- Dispute resolution
- Root cause analysis
- Process improvement
- Performance monitoring
- Customer relationship management
- Team leadership
Timeline
Assistant Manager
Nouryon India Pvt Ltd
04.2023 - Current
Senior Manager
ICICILOMBARD GENERAL INSURANCE COMPANY
09.2022 - 03.2023
Senior Accounts Executive
LIONBRIDGE TECHNOLOGIES
07.2018 - 05.2022
Senior Accounts Executive
JARDINE LLOYD THOMPSON
01.2015 - 04.2018
Executive
HAPAG LLOYD GLOBAL SERVICES LTD
07.2013 - 08.2014
B.COM - Accounting And Finance
N.E.S RATNAM College
HSC - Commerce
Janana Sarita Jr. College
SSC -
Shree Vardhaman Vidyalaya
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