Yug Bhatia
New Delhi
Summary
Bringing forth a wealth of experience encompassing five years in reconciliations, treasury, and accounts payables. Demonstrated expertise in enhancing operational efficiency, driving business growth, and optimizing profits through successful initiatives in internal controls and process improvements
Overview
7
7
years of professional experience
Work History
Specialist`
IHG Hotels & Resorts
08.2023 - Current
- Approving payments through various banking portals such as CITI, HSBC, BARCLAYS, BOA (Bank of America), KYRIBA, etc.
- Anticipating fund requirements in cash flows and forwarding the projections to the Group Treasury team.
- Collaborating with the legal team to facilitate the preparation of bank account opening documents, including BR (Board Resolution), TPA (Third Party Authorization), and GCAA (Global Client Account Agreement) forms.
- Creation and posting of journals related to a specific account from our Cash General Ledger (GL) Account.
- Independently addressing and resolving queries raised by hotels or internal teams.
- Conducting training sessions for new team members.
Senior Analyst Bank Reconciliations
IHG Hotels & Resorts
09.2021 - 07.2023
- Initiating payments through various banking portals such as CITI, HSBC, BARCLAYS, BOA (Bank of America), KYRIBA, etc.
- Creation and posting of journals related to a specific account from our Cash General Ledger (GL) Account.
- Anticipating fund requirements in cash flows and forwarding the projections to the Group Treasury team.
- Solving Queries independently raised by hotels or by internal teams.
- Preparing and sending the Unmatched Items Report to both hotels and Principal Hotels, utilizing Amex/Ems/Opera portals for the preparation of proposed matching, bi-weekly or tri-weekly for the Europe and Asia regions.
Analyst Bank Reconciliations
IHG Hotels & Resorts
07.2019 - 08.2021
- Regularly reconciling corporate entities on a daily/weekly basis to ensure the absence of pending transactions for the upcoming period.
- Managing and overseeing bank account reconciliations for both hotels and corporate entities in the Europe and Asia regions.
- Creation and posting of journals related to a specific account from our Cash General Ledger (GL) Account.
- Executing matching processes in CSM (PeopleSoft), either proposing to the hotel or receiving matching templates from the hotel.
- Compiling bank account reconciliations for hotels and corporate entities in the Europe and Asia regions.
Process Associate
Genpact Badshahpur
04.2018 - 06.2019
- Conducting duplicate audits for posted invoices to prevent instances of duplicate payments.
- Performing indexing of invoices and conducting vendor deviation checks using SAP T-Codes.
- Monitoring the invoices processed by the team to assess daily productivity.
- Liaising with R2R (Record to Report) and OTC (Order to Cash) teams to ensure the prompt payment of invoices to vendors.
- Engaging in communication with clients, addressing their queries through emails and calls, and conducting discussions regarding SLA (Service Level Agreement) and KPI (Key Performance Indicators).
- Executing adjustment entries and preparing provisions for Withholding Tax (WHT).
Office Assistant
Akums Drugs & Pharmaceuticals
06.2017 - 03.2018
- Compiling advance vouchers and petty cash vouchers.
- Procuring and managing office stocks, including stationery,cafeteria and housekeeping supplies, and overseeing distribution to pantry staff.
- Coordination with the Vendors for Purchasing the Office Equipments.
- Compilation and sharing of daily basis data with senior management.
Education
MBA - Finance
ICFAI
Tripura06.2021
Bachelor of Commerce (P) - Commerce
SOL-DU
New Delhi06.2017
Skills
KYRIBA
Payments
Microsoft Office
Reconciliations
Timeline
Specialist`
IHG Hotels & Resorts
08.2023 - Current
Senior Analyst Bank Reconciliations
IHG Hotels & Resorts
09.2021 - 07.2023
Analyst Bank Reconciliations
IHG Hotels & Resorts
07.2019 - 08.2021
Process Associate
Genpact Badshahpur
04.2018 - 06.2019
Office Assistant
Akums Drugs & Pharmaceuticals
06.2017 - 03.2018
MBA - Finance
ICFAI
Bachelor of Commerce (P) - Commerce
SOL-DU
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