Previously worked as senior process associate for Process Associate - Siemens Technology & Services Ltd(Mar’22 to Nov’24)Managed end-to-end Intercompany clearings, ensuring compliance with money transferobligations and resolving discrepancies by following up with divisions for queryresolution.Handled debtor adjustments by reconciling advances and credit memos with receivables.Monitored and cleared suspense accounts, ensuring timely resolution of… Show more Previously worked as senior process associate for Process Associate - Siemens Technology & Services Ltd(Mar’22 to Nov’24)Managed end-to-end Intercompany clearings, ensuring compliance with money transferobligations and resolving discrepancies by following up with divisions for queryresolution.Handled debtor adjustments by reconciling advances and credit memos with receivables.Monitored and cleared suspense accounts, ensuring timely resolution of outstandingbalances.Processed unclaimed foreign credits, calculated forex gains or losses, and allocated themto appropriate profit centers. Made necessary correction entries such as reversals and credit notes for requestedinvoices.Utilized MS Excel and dashboards to prepare monthly accounts receivable aging reports,unclaimed credit reports, debtors' reconciliation reports, and FIRC (Foreign InwardRemittance Certificate) reports.Prepared quarterly transfer pricing reports for multiple companies, ensuring accuratecross-company transactions.Processed statements of accounts for all transactions done through SFS and ensuredaccurate posting.Cleared open items in bank interim accounts, ensuring balances were zeroed out duringmonth-end closingManaged cash allocation for third-party foreign transactions, ensuring accurate matching credits with open invoices in the customer card. Show less

Handling complete activities of Western Europe countries like Italy and France.Handling complete activities of USA including lockbox payments, checks payments.Updating and reviewing the Standard operating procedures in timely manner to be compliant with the accounting standards.Reaching out to collection and claims team for ensuring smooth cash allocation.Responsible for Cash Application of the customers for the various kinds of payments such as bank transfer, Cheque payments… Show more Handling complete activities of Western Europe countries like Italy and France.Handling complete activities of USA including lockbox payments, checks payments.Updating and reviewing the Standard operating procedures in timely manner to be compliant with the accounting standards.Reaching out to collection and claims team for ensuring smooth cash allocation.Responsible for Cash Application of the customers for the various kinds of payments such as bank transfer, Cheque payments, Bills of Exchange PaymentResponsible for allocating the receipts to the customer account.Matching and clearing of invoices, receipts and deductions.Validation of Unidentified and Unallocated payments created on behalf of the team and creating an exception for the same.Training the new team members by providing end to end knowledge transfer related to the process.Performing daily QC of payments processed by the team.Handling the month end closure.Hands on Experience in Globe SAP V 7.0 with working knowledge on the T-code related to A R activity Show less