Experience

Payal Group

• India
• Chemical Manufacturing
• 100 - 200 Employee

• Manager Credit Control

  • Jun 2023 - Present



Orient Electric

• India
• Manufacturing
• 700 & Above Employee

• Assistant Manager Finance and Account

  • Apr 2016 - May 2023

  • Credit check: Defining the credit limit of the dealers and closely monitoring the outstanding along with recovery of dues (Ageing analysis). • Coordination with sales team & Branch Commercial to ensure overdue & outstanding status remains within the limits. Maintaining Collection Efficiency Index (CEI) of Distributor/Dealer. • Reconciliation of accounts of Dealers/Distributors, scheme settlement & collection of no dues certificates/ Balance confirmation. Handling all dealers’ queries. • Resolves account discrepancies by investigating documentation, issuing stop payments, payments, or adjustments. • Preparations of provision of Cash Discount, Commission on sale, Interest on late payment, and Interest on Security. • Collects revenue by reminding delinquent accounts and notifying customers of insufficient payments. • Reconciliation of customer account on monthly basis and Bank reconciliation on daily basis. • Coordinating & Handling all Internal & External Audits. • Rolling out schemes to all customer and making sure to reach all schemes to customers. And financial settlement of claims. • Coordinating & Handling all queries with regards to Consumer sales scheme from sales/ commercial team and dealers (if required). Show less



Samsung Electronics

• South Korea
• Computers and Electronics Manufacturing
• 700 & Above Employee

• Finance Executive

  • Jun 2013 - Mar 2016

  • Rolling out schemes to all Dealer/Distributor/MR/Brand shop and making sure to reach all schemes to customers. And financial settlement of claims. • Customer Scheme Expense Projection, Budget v/s Actual, Cost analysis, Trend Analysis, Strategic MIS, Audit, comparisons of schemes with competition. • Working closely with Finance Team, Product Manager Team and other teams being a part of All India sales commercial team. • Coordinating & Handling all queries with regards to Consumer sales scheme from sales/ commercial team and dealers (if required). • Consumer Finance (EMI) operations & function of Consumer Electronics Business (All India). Also, settlement of dealers’ schemes in line with communication. • Dealing with all finance cos. such as Bajaj Finance/ Capital First/ Tata Capital etc. • Reconciliation of accounts of Dealers/Distributors, scheme settlement & collection of no dues certificates/ Balance confirmation. Handling all dealers’ queries. Show less



BD

• United States
• Medical Equipment Manufacturing
• 700 & Above Employee

• Finance & Account Executive

  • Apr 2011 - Jun 2013

  • Reconciliation of accounts of Vendor and clearing the bills in line with POs & supporting documents, all claims settlement and collection of no dues certificates. Handling all Vendor queries. • Budgeting- Annual budgeting. Analysis of actual expense vs budget. Monthly overhead provisioning. • Handling all administration, Creation and negotiation with vendors, their bills settlement. Also, claim settlement of the company’s staff. • Verifying entries posted by invoicing team. Match purchase orders to invoices, Cost centers, TDS, VAT, Service Tax. • Generation of MIS report regarding outstanding balances, and vendor payment. • Handling all administration and ensuring timely payment/reimbursement to vendors/staff along with overhead provisioning. Applicability of TDS. • Bank Reconciliation and other bank dealing. • Maintenance of Statutory/legal Compliance. • MIS preparation & presentation of all financial reports. • Coordinating & Handling all Internal & External Audits. • Monitoring/analysis of contracts/agreements/cost sheet & proper documentation. Show less



3i Infotech Ltd.

• India
• IT Services and IT Consulting
• 700 & Above Employee

• 3i Infotech Ltd

  • Dec 2009 - Apr 2011

  Project coordination regarding collection, salary, manpower for NICNET project. Handling Account Receivable, Account Payable for NICNET project Independently. Collection of Bills Payment from customer. Payment made of vendor. Salary made of manpower, salary reconciliation. Generation of MIS report regarding collection and outstanding balances, salary, manpower force. Reconciliation of AR,AP with GL on monthly basic and Bank reconciliation on daily basic. Preparations of Budget and forecast Compare Actual with Budget and calculate the variance. . Show less