Kumar Pawase Email & Phone Number

Pune, Maharashtra, India

Led successful transition of process to in-house for Australia & New Zealand, following training and seamless handover, consolidated end-to-end accounts payable procedures under one roof, minimizing process disruption and optimizing efficiency. Implemented a comprehensive reconciliation process for DD vendors, identifying USD 50,000 unutilized funds by uncovering missing debit and credit notes, reducing variance, and optimizing vendor payments. Co-ordinating with the service admin team as well as with external vendors to resolve the queries related with the invoices and payments. Secured a refund of USD 94,000 after reconciling a freight vendor with 4+ years recovery aging. Led reconciliation efforts and aligned vendor books with organization records, reducing variancefrom USD 900,000 to USD 150,000 within 6 months, enabling accurate financial reporting. Handling Payments process for South Asia region i.e., Singapore, Australia & New Zealand by initiating payments of all third-party supplier using SAP through DME upload and manual paymentthrough template. Optimized the 'Paid on Time' KPI from 58% to a remarkable 95% within a strict 90 days of timeline. Averted potential USD 26,000 incorrect payment by identifying vendor's incorrect pay terms andreconciling with the contract. Clearing the manual payments, posting advance payments & JVs for monthly expenses on a timely manner to avoid double payments.KUMAR PAWASEAccounts Payable Accountant | Cash Forecasting & Budgeting# +91 9503287985 # kpawase4@gmail.com # www.linkedin.com/in/kumar-pawase  Preparing the Bank reconciliation, vendor reconciliation & intercompany reconciliation at the month ends. Reporting in Onyx system for internal monthly movements from AP side and Cash budgeting & forecasting at month end. Contributed to work on project for Center of Excellence_Accounts Payable and helped with process improvement ideas and Power BI dashboard for analysis.

Pune, Maharashtra

• Working experience in Third party vendors, Vehicle PO invoices.• Conduct training sessions for new team member.• Experience of process transition. Done the Knowledge Transfer, conduct process mock tests.• Done UAT testing to launch new tool.• Maintaining strong relationships with stakeholders to resolve disputes immediately.• Responsible to prepare a weekly, monthly reports. i.e., Open Item Report, Accruals preparation, DP & Vendor reconciliation Report, WIP report, A Block report, R block report, RTV report, etc.• Processing and clearing of down payments against the invoices, intercompany invoices.• Processing of workflow for next level approval for non-PO transactions and postings after approval.• Liaising with requestors & vendors for incorrect invoices, incorrect POs, and wrong billings.

Pune, Maharashtra

 Successfully done the process transition. Done the UAT testing, run the test cases, scripting for new tool before go live on process. Ensure that all entries maintain in SAP on timely basis. Ensuring KPI’s meeting their targets. (POT, IMRP, IROT, % of Invoice Rejection, GRT, etc.) Invoice Verification in Read soft & processing SAP Cockpit/VIM analytics. Process Web cycle process for next level approval for non-P.O. transactions on G.L. Identify the PO coverage. Responsible for accurately matching up client purchase orders with the associated invoices or credit memos. Ensure that all trackers (GR tracker, PO Creation/Extension/Blocked tracker, etc.) need to be updated on time. Responsible for maintaining ongoing payments to vendors (e.g. made invoice ready for payment with accurate details, within due date.). Responsible to run the Automatic Payment Program in SAP for vendors and intercompany payments.  Responsible to download the bank statements. Responsible for the bank reconciliation and ensuring the manual payment bookings of the direct debit transactions from the bank. Liaising with Vendors and requestors for incorrect invoices. Responsible for vendor reconciliation and Statement of Accounts.

Hinjewadi Phase 1, Pune

• Working experience in back-office US banking process.• Responsible to update credit card transactions in PEGA software.• Resolving the queries raised by the customers.• Processing the refunds on disputed transactions on credit cards.• Meeting individual & team targets. Achieving 100% Customer Satisfaction.• Ensure that Customers get resolution on time.

Pune, Maharashtra, India

• Working in Finance & Accounting process (Self-Managed Superannuation Fund). • Supported for SMSF client More Superannuation Pty Ltd, Australia.• Working knowledge on Australian accounting software BGL.• Prepared financial statements including footnote disclosures.• Computed and maintained financial reports.• Prepared audit work papers provided documentation and explanations.• Reconciliation of the ledgers.• Prepared the financial sections of annual and quarterly reports.

Bachelor Of Commerce (B.Com.), Accounting And Finance, Higher Second Class

Bachelor Of Commerce - Bcom, Accounting