Greater Hyderabad Area
A financial Analyst, specialist in Billing , At Deloitte USI. Responsible for carefully sharing the MIS reports of the efforts of professional working on project and their billing and WIP analysis on Client level. Working on resolving the client requirements raised in form of tickets and performing all my tasks within SLA. Working on Updated software like :- SAP CONCUR , SAP HANA , SWIFT and Service now at Deloitte USI. An Ex -Hcltech employee with hands on experience of SAP FICO , SAP MM module , Invoice processing, Tax verification , Financial analysis and Internal Audit. Independently handled Material billing and Material Movement (GL Posting) and Automated the Material movement process. I was given responsibility of transitional billing for German company H&D which was acquired by customer, and for successful delivery with SLA, I was appreciated by client with custom miles worth 5000 points which was flown from Cluster head of H&D.
Preparing MIS reports for project management team and higher management to track the working and resource allocation on the projects. Preparing the staffing reports for my project and sending it across our team keeping our project head in the mail. Tracking the ServiceNow tickets and forwarding the tracker for ticket processed by the team. Looking after the allocation of ServiceNow tickets within the team and allocating the tickets and thereafter keeping the record of tickets allocation in my team. Actively processing the ServiceNow tickets relating to various service lines Such as Audit, Risk Advisory. Processing ServiceNow tickets for the type of requests which comprise of - Engagement/ Project Closure and Re-instatement, Life to date adjustments carried out in SWIFT - Write up or Write off on project , performing role changes on projects , creating or releasing the WIP Provision. Processing the requests from Finance Controllers team under Allowance Review process, and coordinating with them in case of any discrepancies while processing the tickets. Managing the high volume of tickets when supporting the CES and Billing team during the time of shortage of resources and ensuring no SLA misses. Processing Account & Client Setup as per the ServiceNow ticket allocation, which includes establish and maintain client accounts in billing systems, validate client agreements, fee schedules, and billing instructions and ensure accurate mapping of portfolios to client accounts. Processing Onboarding Workflow by coordinating with client onboarding teams to capture billing requirements, review legal documentation for fee terms and service-level agreements and set up billing parameters and ensure readiness for invoicing. Processing the ticket relating to invoice creation, invoice cancellation, VAT % amendment, SWIFT Invoicing. Processing invoices after validating the bill to party address , billing entity , Payment terms, VAT %, invoice delivery lists and payer instructions.
Associate executive under depart of O2C. Where I am active in Service Invoicing , Asset billing , Verifying the invoice request, Tax reporting, Helping in Revenue Audit sample submission and an active part in any support required to SPOCs in their respective work if they are in need of hand. Active part in extra curricular activities and Pro active in performing tasks assigned to me, and continuously striving to give my best to the organization.
Handling independently approx. $ 50 million Global AR customers. Maintaining customer account in accounts receivables including account cleanup with customer approval. Chasing customer and sales team with regular follow-ups and reminders for on time payment of due and overdue invoices. Highlighting the issue of non-tracing of invoices in case of Field class customers. Reduced overdue invoices by constant chasing with the cross- functional teams to identify and resolve customer issues relating to payment issues for maintaining the lower DSO. Collaborated with cross-functional teams Found various ways for reducing the credit period.
Implemented LSMW (Legacy System Migration Workbench) program for Material movement which could move 5000 line items in 10 minutes which saved time of 5 weeks if done manually. Prime lead in developing LSMW (Legacy System Migration Workbench) program for material billing (third party) billing where the program facilitated quick and efficient COGS (cost booking) and reduced work load of resources by 80% on MOM basis. Successfully developed internal company portal to facilitate consolidation of billing requests on project level which ensured timely billing and revenue recognition on HCL level. Lead the UAT (User Acceptance Testing) program for consolidation of billing request on project level which helped to reduce work of Project managers and ensured no bottleneck while billing and invoice submission. Developed a work template and applied it on 100+ clients' billing that reduced cancellations of invoices and increased quick payment thereby facilitating improved DSO due to quick payments. Developed and improved the billing process of new clients like H&D and received special appreciation from H&D Germany for smooth transition of projects and thereby billing from the projects. Successfully handled critical customers like ADIDAS AG, Volkswagen, Whirlpool, GlaxoSmithKline, FedEx and improved their billing and submission process along with reduction in cancellation of invoices. Received appreciations from clients for - Efficient monthly closing, and developing -improving project procedures by portal automation. Critical contribution in UAT (User Acceptance Testing) program of improving company portal to enable linking with SAP and ensure that the SAP invoices should get linked with local portals developed globally. This would enable internal portal to draw the local copy generated on local portals of regions like Italy, China and South Korea into company's internal portal to reduce manual intervention as per traditional ongoing procedures.
I handle accounts of 1000$+ investment, and i have till now given on an average 8-12% returns, on monthly basis...! It's been a wonderful journey of 6 months...and i have vision to make it big...!