Rakesh Devikar Email & Phone Number

Bengaluru, Karnataka, India

Nature of work: - Lead the budget management into the preparation of annual budgets and monitoring company performance against estimates of financial planning and analysis activitiesDevelop and implement indirect sourcing strategies that address, cost, and service expectations purchase order collect from clients in order to avoid delay in payment. Working on the customer billing function in APAC which also includes proper audit & checking of the invoices before deliver to the… Show more Nature of work: - Lead the budget management into the preparation of annual budgets and monitoring company performance against estimates of financial planning and analysis activitiesDevelop and implement indirect sourcing strategies that address, cost, and service expectations purchase order collect from clients in order to avoid delay in payment. Working on the customer billing function in APAC which also includes proper audit & checking of the invoices before deliver to the customer/partners.To verify the invoices received from different customer and to ensure sufficient supporting documentation present for weekly & monthly payment.pManage revenue related activities which are including overseeing the credit, billing and collection function & post accruals journal entries on monthly basis.Supporting to the Ad-hoc projects where immediate support is required. Also major participation in creating & distributing weekly Ad-hoc Reports.Facilitating discussions between different parties in order to resolve performance, risk and compliance issues identified during monthly Service Level Agreement.1) Project Title: Adhoc Billing: Defined project plans and timeline, manages workflow and personally achieved completion deadlines on or before schedule.Identifies errors in Adhoc billing process totalling & earn revenue for organisation by identifying unbilled Adhoc $150,000. Carried out forensic investigation into process failures to ensure mistake not repeated Show less

Bengaluru Area, India

Nature of work: - Works with assigned departments to prepare monthly & quarterly budgetsand monitors the budgets for assigned department throughout the budget & scheduling actualexpenditures, analyzing variances report between budget & actual expenditures for initiatingcorrective actions.Preparation & verification of accrual data receive from assigned departments & post accrualsjournal entries monthly basis for the approval.Prepare client statements, bills, invoices &… Show more Nature of work: - Works with assigned departments to prepare monthly & quarterly budgetsand monitors the budgets for assigned department throughout the budget & scheduling actualexpenditures, analyzing variances report between budget & actual expenditures for initiatingcorrective actions.Preparation & verification of accrual data receive from assigned departments & post accrualsjournal entries monthly basis for the approval.Prepare client statements, bills, invoices & generate weekly aging reports. followed up withclient for initiate collection efforts to boost collections for resolved accounts receivable issues withclient.Receive and verify invoices as well as requisitions for goods and services. Prepare invoicebatches for data entry & payment. Process backup reports after data entry & manage the monthly &weekly payments.Analyze, investigate & resolve accounting issues, including dealing with internal departments& clients. Ensure meeting Client service level agreement on process turnaround time and qualitymeasures.Maintain listing of accounts payable & general ledger as well as updated vendor files (NDC),distribute monthly financial reports & identifies opportunities for process improvements.1) Project Title: Process Mapping• Develop improvements to existing processes to deliver improved business performance• Partner with department management to evaluate and make recommendations to updatedepartment workflows, processes and procedures to improve productivity2) Project Title: Exception & Backlog• Eliminated a five-month invoicing backlog within first one month• Quickly identified major accounting discrepancies• Meticulously audited an invoice tracking system and analyzed data which identified shortfall• Initiated a process improvement that resolved a long-standing problem with a major supplier and significantly increased efficiency and accuracy Show less

Bengaluru Area, India

Nature of work: - Analyze purchases by expense type & Process all purchase Invoices (Po Invoices, Non PO Invoice) as well as refunds(Credit Memos) for the correct treatment of taxes on expense invoices. Track all expenses and process expense reports for the electronic transfers (Payment) & post transactions to ledgers and for other records. Reconcile accounts payable transactions (avoid unwanted errors matching AP Invoice with the GL) for the Set-up and maintain supplier accounts to… Show more Nature of work: - Analyze purchases by expense type & Process all purchase Invoices (Po Invoices, Non PO Invoice) as well as refunds(Credit Memos) for the correct treatment of taxes on expense invoices. Track all expenses and process expense reports for the electronic transfers (Payment) & post transactions to ledgers and for other records. Reconcile accounts payable transactions (avoid unwanted errors matching AP Invoice with the GL) for the Set-up and maintain supplier accounts to ensure payments are up to date. Research and resolve invoices issues (Invoice Exception Resolution). Corresponding with vendors and respond to all inquiries. Show less

Nagpur, Maharashtra, India

Nature of work: -Responsible for Planning & Execution home office function- like Data Collection, Recording, Processing (Data entry to Disbursement), Keeping Accounts Books (AP, AR, GL) & Bank transaction, Reporting, office Administration (Monitoring to executive for the proper work) etc.