VENIL KIRAN VAZ

• Reconcile accounts receivable & payable ledger to ensure that all payments & receipts are accounted for and properly posted
• Communicate with clients about billing discrepancies and reconciliations
• Facilitate payment of invoices due by sending bill reminders and contacting clients
• Engage management over any AR problems encountered
• Arranging Bank Transfers & Cheques for regular Vendor Payments & Advances
• Responsible for handling E-supplier Portals and uploading the invoices & track payments
• Responsible for preparing Bank Reconciliation Statements every month end
• Responsible for initiating Tender Guarantee Bonds & arranging documents for LC shipment
• Vendor Invoices Processing on daily basis after verifying GRN from stores
• Processing Sales Invoices in Tally on daily basis.

• ACHIEVEMENT: “Excellent Performer Award - Payables for the year 2017”.
• Responsible for looking-after Overseas Agents & Vendor Account payments
• Timely reconciliation of Overseas Vendor Accounts and arranging payments
• Monitoring Market exchange rates & updating currency exchange rates in the system on a daily basis
• Submission payment forecasting report to Management from payables team
• Inter-company Account reconciliations in co-ordination with offices located in other countries (Middle East, Africa & India)
• Arranging Inter-company payments on monthly basis upon approval from Management
• Verification of bank details of agents/suppliers as per the company compliance policy & keeping detailed record
• Negotiating with suppliers during Bank Covenant Month to get extended Credit limit and paying without affecting day-to-day operations
• Responsible for daily cash counter closing & cash reconciliation
• Petty Cash Management – monitor and assess cash flow requirements in other branches across UAE
• Accounting of overhead expenses as per approval matrix from senior management .

• Billing Clients & Investors on a weekly basis, in co-ordination with Clients’ finance team.
• Running Compliance reports for Client on daily basis to ensure that client requirements are met.
• Reconciliation of client accounts & following up with concerned team to make sure product is Approved & Delivered within due date.
• Closing month activities & generating monthly Revenue Report within given TAT by Business Unit Team.

ACHEIVEMENT: ‘Maverick of Wividus’ Award for day-to-day performance for the year

• Verifying all the invoices processed by the team, cross checking Bank Account & Amount of all the invoices with the SAP data & the master file & finalising the total pay-out for the day.
• SAP working environment for Accounts & finance (SAP FICO).
• Interacting with the External & Internal Auditors, responding to their queries about the process & providing required information for Auditing.
• Subject Matter Expert of the team for Domestic travel expense invoices & USA invoices and Training the new joiners.
• Processing Onsite Travel & Expense invoices of USA, UK, Europe & APAC countries within SLA, posting journal entries in SAP & advising payment.

• Handling Supplier Accounts & making payments according to Due dates.
• Preparing Reconciliation statements for each vendor every month.
• Preparing cash-flow statement on a daily basis by referring daily sales & cash inflows at all the 10 branches.
• Maintain payment records and vendor file in system.