Nishant Joshi
Collections Analyst
Denver,CO
Summary
Detail-oriented and diligent accounting professional with a solid record. Competent in Accounts Receivable/Payable management, financial accounting, Invoicing, bank reconciliations and payroll (Quickbooks).
Committed to achieving team objectives and driving company growth. Proactive communicator with solid foundation of trustworthy and dependable performance.
Overview
26
26
years of professional experience
4
4
years of post-secondary education
3
3
Languages
Work History
Collections Analyst
Anuvu Operations
04.2022 - Current
- Responsible for AR collections and account analysis for Major Aviation, maritime (cruise and yacht), government accounts, film licensing, media and content accounts portfolio.
- Reduced total AR for all portfolio accounts by 45% (May 2023 - May 2024)
- Reduced total AR for all portfolio accounts by 78% (May 2023 - May 2024)
- Independently plan, analyze, and carry out AR analysis with collections of past due accounts
- Liaise with legal/order management/sales on delinquent accounts while reviewing contracts.
- Trained team members on excel v-lookups, pivot tables and account analysis to improve efficiency.
- Created processes to improve compatibility between Tableau and MS Outlook.
- Reconciled accounts in timely manner, analysis of transactions and initiate credits and adjustments to accounts, as well as accurate clearing of corresponding credits and debits
- Oracle admin for new customers and vendors.
- Identified and resolved order-to-cash root cause issues that impede invoicing, cash apps and collections.
- Initiated and drove cross functional resolutions
- Ongoing process improvement focus, making recommendations and participating and or leading implementations to improve department efficiency.
Financial Accounting Consultant
Robert Half
01.2021 - 04.2022
- Responsible for daily reconciliations of all AP GL codes for several HLRUS business units (30 gl's)
- Oversaw comprehensive accounting systems for Treasury Accounts Payable
- ERP Systems worked in - Oracle PeopleSoft, Sage 1,2 & 3 and Fast-Pro
- Processing daily AP disbursements in designated banks for each BU
- Processing daily vouchers for all disbursements in PeopleSoft
- Everyday cross collaboration with other FS teams to ensure accuracy of funds disbursement, obtaining relevant documentation, facilitating inter division transfers and maintaining optimum communications to ensure accuracy of transactions
- Preparing and compiling End of month and EOQ open liability/open items reports
- Admin for existing and new vendors, bank accounts address, contact information, treaties and all financial documentation
- Preparing daily bank reports based on previous day composite transactions, cash id's, split remittances, and early release requests
- Responding and follow ups on emails daily for EOQ unreconciled items.
Accounting Support Specialist
Vertafore, Inc
05.2020 - 01.2021
- Responsible for collections of 10 million + on portfolio accounts within 12 months.
- Managed accounts by email and phone calls for maximum efficiency and recovery.
- Assessed data and information on customer databases to check entries, calculations, reports, journal entries, invoicing and billing codes for accuracy
- Mentored accounting teams and familiarized them with support best practices to improve efficiency
- Reconciled customer monthly bank statements with AMS entries and transactions to keep records accurate and current
- Analyzed invoices, production, commission payable and financial reports, to identify variances and researched issues to correct problems and maintain financial and Tax compliance
- Resolved Insured AP and vendor payable issues with in-depth analysis
- Handled high call volume and problem resolution for month-end closing, year-end closing and tax season
- Reduced financial discrepancies by accurately helping process invoices and journal entries and improve processes
- Coordinated and liaised with internal teams and departments to troubleshoot and enhance customer experience by suggesting product improvements.
Revenue Cycle Specialist
Danone
11.2019 - 04.2020
- Conducted account analysis for major buyer for Danone - Kroger foods.
- Daily reconciliations and posting trade deductions received from major retailer account
- Following standard established accounting procedures reviewing, inputting, and verifying data received
- Reconciling credits and repayments received from customer in SAP and posting in High Radius receivables
- Preparing weekly extract in excel for posting on resolution template
- Working and coordinating with Sales team, logistics and AR team members to authenticate and resolve discrepancies and ensuring accurate deductions are cleared against active promotions
- Investigating and resolving issues related to misapplied and missed off-invoice deductions
- Investigating charge backs, promotion based and non-promotion-based deductions, filtering and rejecting invalid deductions and forwarding to AR for repayment
- Collaborating with other departments/teams including Accounts Receivable to maintain proper customer accounts.
Accounts Receivable Specialist
Vertafore, Inc.
08.2018 - 10.2019
- Conducted analysis to address billing discrepancies which led to retaining current customers and maintaining revenue stream and implemented effective solutions to resolve concerns and prevent future problems
- Recovered outstanding collections more than US$10 million consolidated
- Minimized aging accounts by monitoring open balances and pursuing payments and offering mutually acceptable payment plans
- Resolved delinquencies with balances over 90 days past due
- Worked closely with delinquent account holders to collect and reconcile accounts through approved channels
- Partnered with cash applications team on timely and accurate posting of remittances
- Coordinating with Order Management regarding duplicate sales orders and getting them credited
- Reviewed contracts with Legal department and proposals to maintain accurate and up-to-date billing
- Creating simple account reconciliations for customers
- Supported department staff by performing wide range of clerical and administrative tasks.
Partner
Ramtirth Organics
01.2008 - 01.2017
- Manufacturing and marketing of personal care products like soaps, hair oil, shampoos and honey for domestic and international markets
- Conceptualized complete business structure and culture focused on achieving core business mission
- Managed customer experiences with a close eye on customer and team member interactions, touchpoints, and methods of engagement
- Delivered products of consistent quality to customers by working directly with vendors on delivery and production issues.
Exports Manager
Ramtirth Exports
Mumbai, India
03.1998 - 07.2006
- Marketing, sales and customer acquisition for a natural healthcare brand
- Created new dealerships and distribution channels in GCC (Gulf cooperation council) countries in the Middle East
- Increased sales YoY by 35%
- Introduced new products to existing channels. Handmade soaps, natural shampoos and bodywash, Honey and herbal supplements.
- Strengthened customer relationships by offering incentives, building meaningful relationships and creating a strong product market fit.
Education
BBA - Accounting And Business Management
08.1993 - 09.1997
Skills
Bank reconciliations and Report preparation
General ledger accounting and bank reconciliation
Journal entry and vouchers posting
AR and AP experience
Worked in SAP, Salesforce, NetSuite, AMS360, PeopleSoft, Oracle E-Business Suite, Sage 1 &3 and FastPro
Proficient in Excel, pivot tables, Vlookups, Power BI
Account Reconciliations
Debt recovery expertise
Excellent Communication Skills
Goal Oriented Approach
Strong team player
I strive to resolve all problems to the best of my abilities
Timeline
Collections Analyst - Anuvu Operations
04.2022 - Current
Financial Accounting Consultant - Robert Half
01.2021 - 04.2022
Accounting Support Specialist - Vertafore, Inc
05.2020 - 01.2021
Revenue Cycle Specialist - Danone
11.2019 - 04.2020
Accounts Receivable Specialist - Vertafore, Inc.
08.2018 - 10.2019
Partner - Ramtirth Organics
01.2008 - 01.2017
Exports Manager - Ramtirth Exports
03.1998 - 07.2006
Mumbai University - BBA, Accounting And Business Management
08.1993 - 09.1997