Prathamesh Shinde Email & Phone Number

London, England, United Kingdom

• Implemented robust AP controls and policies, resulting in a 15% reduction in payment errors and ensuring compliance with financial regulations. Executed the automation of workflows, which resulted in an increasing.
• Reviewing the weekly payment batches of the suppliers for the EMEA & APAC regions, managed to clear down the debit balances of the complex suppliers after the process migration from Medius (AX) to SAP VIM
• Analyzed monthly accruals for EMEA & APAC regions and assessed the AP / AR reconciliations of intercompany as a month-end activity
• Extracted reports from SAP to create the monthly KPI Dashboard for productivity enhancement of the team
• Provided functional training to team members on the end-to-end process of Accounts Payable
• Participated in the project with the Open Text team (SAP consultant) to improve the accuracy of the invoices at the validation level which would help us to get the invoices posted automatically.

West Drayton, England, United Kingdom

• Processed Debit and Credit notes Shipamax, as well as payments, ensuring that the up-to-date company finance is correct
• Demonstrated bank and P & L reconciliation into the accounts system monthly to keep records up-to-date.
• Managed internal inbox, assigning queries and responding within strict internal SLAs

Mumbai, Maharashtra, India

• Led a team of 5 AP processors increasing the speed at which invoices were processed by 35% through workflow streamlining
• Prepared weekly payable reports and scheduled the BACS, ACH & Wire payment batches on the bank sites and also reviewed them with a level of accuracy to cover supplier payments, expenses, and overheads of the entire.
• Monitored processes and procedures to preserve the integrity of internal controls
• Managed Intercompany trading balances by processing them during month end (Balancing AP/AR)
• Responded to financial inquiries on ticketing tools by gathering them and interpreting data

Mumbai, Maharashtra, India

• Verified and processed supplier invoices and credit notes of the US (North American region) quickly and accurately
• Identified and solved discrepancies, proactively working with external auditors on the quality of AP process
• Conducted regular bank and vendor reconciliations weekly
• Prepared dashboards for KPI meetings which used to be held monthly and managed to clear the open GR/IR

Mumbai

• Got promoted to Senior AP Associate in a period of 2 years (July 2017)
• Participated in testing and setting up OCR for capturing invoices under the Citrix tool, which helped to reduce processing time by 30%
• Engaged in processing weekly payments

Mumbai, Maharashtra, India

• More than 1,000 supplier invoices were processed on an average monthly in SAP; these included PO and Non-PO-based, freight invoices and credit notes for EMEA regions
• Statements reconciliation was undertaken on aged creditor dues, which ensured the accuracy of all weekly scheduled and month-end payments
• On-the-spot recognition - Awarded for posting 120 invoices on a single day

Masters In Finance And Accounting, Accounting And Finance, Merit

Bachelor'S Degree