Nikhil Kashiram Rathod
Pune
Summary
Dynamic finance professional with over 10 years of experience in end-to-end Accounts Receivable operations, including billing, payment collections, cash application, reconciliations, vendor management, and financial reporting. Expertise in financial reporting and data analysis, with a proven track record of implementing process improvements that enhance accuracy during month-end close and facilitate informed business decision-making. Skilled in leveraging analytical abilities to drive efficiency and optimize financial processes while ensuring compliance with industry standards. Committed to delivering high-quality results that support organizational goals and foster financial integrity.
Overview
10
10
years of professional experience
Work History
Senior Accounts Associate
Maersk Global Services India Pvt.Ltd
Pune, Maharashtra
11.2021 - Current
- Coordinated with customers to obtain required documentation, ensuring accurate processing of invoices and claims.
- Evaluated aging reports to uncover trends and patterns impacting collection efficiency.
- Updated customer accounts with cash receipts, maintaining current and precise account balances for effective financial management.
- Strengthened connections with internal and external clients, promoting an environment conducive to open dialogue and constructive feedback.
- Analyzed existing workflows and introduced automated solutions to enhance efficiency and reduce reliance on manual processes.
- Ensured account accuracy through meticulous monthly review and reconciliation of checks.
- Analyzed discrepancies in account information and generated reports in general ledger through meticulous monthly reviews of bank account statements.
- Executed day-to-day accounting tasks, enhancing overall financial integrity and compliance.
- Reviewed financial transactions and summarized findings in detailed period end reports for management review.
- Processing Daily Ageing and sharing it with On-shore and Offshore team.
- Delivering SOA's to key clients on weekly basis.
- Analyzed and addressed invoice discrepancies, achieving timely resolutions within established turnaround times.
- Tracked daily DSO to support effective cash flow management and financial reporting.
Junior Accountant
HGQE Pvt.Ltd
07.2018 - 11.2021
- Executed monthly bank reconciliations for multiple accounts to ensure financial accuracy.
- Analyzed and verified payroll account discrepancies during monthly reconciliation processes.
- Performing monthly GL reconciliation for different accounts.
- Led initiatives to identify and resolve open items in bank general ledger and payroll accounts. Strategically coordinated research efforts to ensure timely clearance of outstanding items from general ledger. Oversaw the maintenance of financial accuracy and integrity through proactive follow-up and query management.
- Performing month-end activities.
- Handling cash management activity.
- Working of GST, TDS for the Returns & payment.
- Documented and organized daily transaction records for multiple bank accounts to ensure accuracy and compliance.
- Managed accounts receivable and accounts payable payment processes and receipt transactions.
- Facilitated precise reconciliation and delivered timely reports to support onshore team operations.
- Closely monitor and review ledger and sub ledger balances of different accounts.
- Maintaining record related to cost & Depreciation.
Process Associate
Tata Consultancy Services (TCS)
Pune, Maharashtra
08.2016 - 07.2018
- Oversaw work allocation and management to optimize team productivity.
- Managed manual payment processing to ensure timely and accurate transaction posting in the system.
- Managed client interactions to clarify and resolve various queries effectively.
- Reviewed and verified daily check transactions to identify discrepancies and uphold accounting standards.
- Analyzed and reconciled bank statements regularly to identify discrepancies and uphold accurate financial records.
- Compiled and submitted various reports to clients, ensuring accuracy and timeliness.
- Communication with clients regarding updates and solving queries.
- Training and mentoring new members.
- Analyzed and verified F2BC data to facilitate timely and accurate freight collection.
- Reviewed and documented aging data weekly and monthly to ensure accurate financial reporting and compliance.
Account Assistant
CNH Industrial
10.2015 - 08.2016
- Updation of AR and AP entries in system.
- Maintaining attendance records of production employees.
- Assisting in Half Yearly and Yearly Audit.
Education
B.Com - Commerce
Pune University
01-2015
Class XII -
Maharashtra State Board
Maharashtra01-2010
Class X -
Maharashtra State Board
Maharashtra01-2008
Skills
- Data Analysis
- Accounts receivable analysis
- Analytical reporting
- Reconciliation process management
- SOA
- Power BI
- IFS ERP
- MS Excel
- Outlook
- SAP
EXTRA-CURRICULAR ACTIVITY
Volunteer & Community Organizations Forts Rearing and Fostering.
Blood Donation Volunteer.
LANGUAGES KNOWN
English
Full Professional
Marathi
Full Professional
Hindi
Full Professional
Interests
Exercise, Reading Non-Fiction Novels, Cooking, Hiking
Timeline
Senior Accounts Associate
Maersk Global Services India Pvt.Ltd
11.2021 - Current
Junior Accountant
HGQE Pvt.Ltd
07.2018 - 11.2021
Process Associate
Tata Consultancy Services (TCS)
08.2016 - 07.2018
Account Assistant
CNH Industrial
10.2015 - 08.2016
B.Com - Commerce
Pune University
Class XII -
Maharashtra State Board
Class X -
Maharashtra State Board
AWARDS & RECOGNITION
Awarded as Champ of Month in Nov 2022. (Maersk),
Recognized for Best Practices in Quarter 2 of 2017. (TCS)