Suresh Devraj Email & Phone Number

Pune, Mh, In

Mumbai, Maharashtra, India

Pune, Maharashtra, India

Laid down specific targets for T&E audit team to increase productivity- Org structure changed in the Expense team to leverage experienced resources- Implemented quality check methodology – Conventional, Non-compliance, Global threshold- Error trends helped recovering money & initiation of disciplinary action- Handled the MyT&E & Expense, Concur & PeopleSoft system upgrades- Migrations from the regions completed successfully as per schedule- Re-aligned audit parameters to improve quality and monetary savings- Improved & eliminated processes to achieve FTE savings- Fraud investigation resulted in monetary savings of approx. 2.5 ml USD- Partnered with IT to automate Bank account details updation for T&E reimbursement saving 2 FTE and CHF 75k to the bank- Automated American Express payment reminder saving CHF 25k - Open forum helped increasing productivity & quality of audit team- Cross trained staff within processes to achieve efficient service delivery

Pune, Maharashtra, India

Responsibilities Accounts Payable Activities: (EMEA regions)To ensure the activities carried & processed within the SLA and as per SOP.Keeping Batch tracking of all invoices & Employee Expense Claims.Liaison with Front Office for concerning issues arising from time to time.To Audit and process Employee Expense claims according to the given Travel & Expense Policy. Pay cycle: - DisbursementRun Pay-cycle for payments - Electronic & Direct Debits Book closing:Month End activities - Books closingBank reconciliation & Accruals - Pending PaymentsSupplier Creation:Supplier Creations in Oracle system for paymentCash Forecast:Weekly Cash Forecast - To prepare Cash Forecast requesting funds from treasury for regular AP payments, Payroll & Tax payments.Reporting Activities:Weekly Reporting to Front Office for the un-processables as per agreed SLA.Preparation of reports with Qualitative Analysis of the data for Front OfficeSystem using: Oracle Project Handled:Was offered an opportunity to visit Denmark for transferring the task "Owners Expense as Pilot Project. Was trained on the "Charter Party" AP/AR activity for 2 months and successfully implemented the same in GSC Pune.

Pune, Maharashtra, India

Job Profile:Accounts Payable Activity: Handling Japan LocationVerification of invoice and Payment to vendors : Type of Cost: Operational Cost in Shipping Industry:Non - Operational Cost:Management expenses, Travel Expenses, Administration expenses.Creation of Vendor:Creating new Supplier/Vendor code in the system as per FO request.Reconciliation of Books of Account Payable/ReceivableAccounts Receivable Activity: Receiving cost bills/vouchers from the Maersk agents at ports across the GlobeVerifying the authenticity of the costs and cross checking their entries with the General Ledger Creating Journal Entries for transferring Cost from agents local books to Head Office Books Raising Invoices on the Vessel Owners for Expenses incurred on behalf of them and charging an additional amount of 2.5% as commission on the total amount and deducting the same from the Monthly Hire Statement.Reconciliation of Agents Books of Account (Vendor Ledger)Reconciliation and analysis of HO Books of Account (HO Ledger)Handling queries of Front Office (Denmark)Handling queries from the Agents/Vessel Owners across the GlobeSystem used: People Soft. Reporting Activity:Weekly KPI (Key Performance Index) Monthly KPI

Pune, Maharashtra, India

Job Profile:Preparing Cheque/Cash ReceiptsPreparing Bank reconciliation StatementsMaintaining Ledger Accounts of CustomersDepositing Cash & Cheques in the BankBank reconciliations

Master Of Business Administration - Mba, Finance And Financial Management Services

M.Com, Mba