Shameem Muhammad

Shameem Muhammad Email and Phone Number

Accounts Payable | Invoice Management | Expert in Vendor Management | P2P Expert | Proficient in Tally and Excel | Reconciliation Expert | FMCG Industry Experience | Artificial Intelligence (AI) @ ShopX - 10i Commerce Services Pvt Ltd
bengaluru, karnataka, india
Shameem Muhammad's Location
Bengaluru, Karnataka, India, India
About Shameem Muhammad

With a passion for precision in financial operations, I've honed my skills in Accounts Payable and Vendor Management. Currently spearheading the AP function at Shopx, Bangalore, I've achieved a remarkable 98% accuracy in 3-way and 2-way match processes, ensuring compliance. By optimizing verification procedures, I reduced errors by 20% and processing time by 30%. Rigorous validation techniques decreased discrepancies by 15%, maintaining a 98% on-time payment approval rate.My knack for systematic vendor reconciliation has slashed outstanding discrepancies by 25%, and analyzing aging reports led to a 40% reduction in overdue payments, improving cash flow. I've successfully managed 1000+ vendor profiles, ensuring up-to-date information and seamless communication channels.Collaborating with the Business team, I played a key role in collecting 98% of revised and missed invoices, preventing revenue loss. My dedication to accuracy is reflected in maintaining a 100% accuracy rate in records, ensuring seamless audits and financial analysis. As a detail-oriented professional, I prepared and filed GST data accurately, avoiding penalties and ensuring compliance.In my previous role as an Account Executive at Aktis Engineering Solutions, I streamlined daily financial entry processes, reduced processing time by 20%, and improved cash flow by 25%. At Blackbuck, I implemented processes that achieved a 98% accuracy rate in bank reconciliations, significantly improving financial reporting and cash flow management.🔍 Key Skills:Vendor Management | Reconciliation | Payment Processing | Financial Reporting | MIS Report | Vendor Reconciliation | 2 Way Matching | 3 Way Matching | Invoice Verification | Query Handling💼 Professional Highlights:Outstanding Efficiency Award for maintaining 100% accuracy in processing invoices, reducing duplicate entries and overpayments.Acknowledged for playing a pivotal role in reconciling over 2000 Vendor Accounts, enhancing the organization's financial stability and decision-making capabilities.📚 Education:Master of Commerce: Finance, Madurai Kamaraj University (Apr 2013 - May 2015)Bachelor of Commerce: Corporation, Kannur University (Apr 2008 - Mar 2012)💻 Technical Proficiency:MS Excel | Ms Word | Tally ERP9 | QuickBooks | Microsoft PowerPoint🗣️ Languages:English | Malayalam | HindiLet's connect and explore opportunities to leverage my expertise in driving financial efficiency and accuracy. 🌐

Shameem Muhammad's Current Company Details
ShopX - 10i Commerce Services Pvt Ltd

Shopx - 10I Commerce Services Pvt Ltd

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Accounts Payable | Invoice Management | Expert in Vendor Management | P2P Expert | Proficient in Tally and Excel | Reconciliation Expert | FMCG Industry Experience | Artificial Intelligence (AI)
bengaluru, karnataka, india
Website:
shopx.in
Employees:
517
Shameem Muhammad Work Experience Details
  • Shopx - 10I Commerce Services Pvt Ltd
    Senior Finance Executive
    Shopx - 10I Commerce Services Pvt Ltd Oct 2019 - Present
    Bangalore Urban, Karnataka, India
    -Achieved 98% accuracy in 3-way and 2-way match processes, ensuring compliance.-Optimized verification procedures, reducing errors by 20% and processing time by 30%.-Implemented rigorous validation techniques, decreasing discrepancies by 15%.-Maintained a 98% on-time payment approval rate, enhancing vendor satisfaction and trust.-Successfully managed 1000+ vendor profiles, ensuring up-to-date information and smooth communication channels.-Reduced outstanding discrepancies by 25% through systematic vendor reconciliation processes.-Analyzed ageing reports, leading to a 40% reduction in overdue payments and improved cash flow.-Addressed 95% of vendor queries within 24 hours, fostering strong vendor relationships.-Prepared detailed Monthly MIS reports, providing insights that contributed to a 15% increase in cost efficiency.-Collaborated with the Business team, resulting in the collection of 98% of revised and missed invoices, preventing revenue loss.-Maintained 100% accuracy in records, ensuring seamless audits and financial analysis.-Prepared and filed GST data accurately, avoiding penalties and ensuring compliance.-Handled 5000+ purchase and payment entries, ensuring accurate financial records and reporting.
  • Aktis Engineering Solutions
    Account Executive
    Aktis Engineering Solutions Jun 2018 - Sep 2019
    Bengaluru, Karnataka, India
    -Streamlined daily financial entry processes, reducing processing time by 20% and minimizing errors.-Implemented accounts receivable strategies, reducing overdue payments by 30% and improving cash flow by 25%.-Developed and maintained aging reports, enabling proactive collection efforts and reducing outstanding receivables by 20%.-Conducted precise bank reconciliations, identifying and resolving discrepancies, leading to a 95% accuracy rate in financial reporting.-Managed petty cash efficiently, implementing controls that reduced misuse by 15% and improved transparency.-Managed entire company reimbursements, reducing processing time by 30% and ensuring 100% accuracy in reimbursements.
  • Blackbuck (Zinka Logistics Solutions Pvt. Ltd.)
    Account Executive
    Blackbuck (Zinka Logistics Solutions Pvt. Ltd.) Oct 2016 - May 2018
    Bengaluru, Karnataka, India
    -Implemented processes that reduced discrepancies, resulting in a 98% accuracy rate in bank reconciliations, improving financial reporting and cash flow management.-Streamlined day-to-day journal entries, reducing processing time by 30%, ensuring timely and accurate recording of financial transactions.-Managed a successful external audit, providing detailed documentation and financial information, ensuring compliance with regulatory standards.-Implemented measures that improved financial reporting accuracy by 15%, enabling better-informed decision-making.
  • Mphasis
    Transaction Processing Officer
    Mphasis Jan 2016 - Oct 2016
    Bengaluru, Karnataka, India
    -Maintaining the Responsibility at sub process level for executing the transactions.-Set up confirmations, new client information across various products US, and verify the new accounts of clients.-Making the modifications in the existing accounts as per request of the clients.-Providing end to transaction reports to clients.-Provide Back end services to clients.-Maintain Accuracy in Reports.

Shameem Muhammad Education Details

Frequently Asked Questions about Shameem Muhammad

What company does Shameem Muhammad work for?

Shameem Muhammad works for Shopx - 10i Commerce Services Pvt Ltd

What is Shameem Muhammad's role at the current company?

Shameem Muhammad's current role is Accounts Payable | Invoice Management | Expert in Vendor Management | P2P Expert | Proficient in Tally and Excel | Reconciliation Expert | FMCG Industry Experience | Artificial Intelligence (AI).

What schools did Shameem Muhammad attend?

Shameem Muhammad attended Bharathiar University, Kannur University.

Who are Shameem Muhammad's colleagues?

Shameem Muhammad's colleagues are Khaja Masthan S A, Karthick V, Shaik Ismail, Lokesh Loki, Masoom Bharti, Mukesh Rso Karim Nag Gulbam, Beauty Sarkar.

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