Obaid Naseem
Summary
Detail-oriented professional specializing in accounts payable, accounts receivables management. Known for driving process improvements and achieving timely invoice processing, resulting in reduced discrepancies and enhanced cash flow management.
Overview
1
1
Language
10
10
years of professional experience
Work History
Accounts Payable and Receivable Manager
William Gottlieb Management Co., LLC
New York, NY
11.2019 - Current
- Led a team of accounts payable staff, providing training and mentorship to improve performance and accuracy.
- Developed and implemented streamlined processes to enhance payment efficiency and reduce discrepancies.
- Managed vendor relationships, negotiating terms to optimize cash flow and strengthen partnerships.
- Oversaw accounts payable operations, ensuring timely and accurate processing of invoices.
- Coordinated audits by preparing documentation and responses, ensuring compliance with financial regulations.
- Managed accurate and timely processing of over 1,000 invoices per month.
- Closely monitored accounts to post timely payments and resolve billing discrepancies.
- Managed a team of accounting staff, providing guidance and support to ensure accurate financial reporting.
- Developed reports for senior management to outline expenditures, vendor spend, and forecasting.
- Partnered with finance team to complete month-end accruals and account reconciliations.
- Worked on bank reconciliations for over 50 operating/security bank accounts monthly.
- Filed 1099 NEC for over 100 entities annually.
- Worked closely with the senior controller for various tasks and reporting (R/E Tax escrow calculations, Income Statements, Loan Compliance, budgeting).
Accounts Payable Clerk
Wakefern Food Corporation
Keasbey, NJ
07.2016 - 11.2019
- Processed full cycle AP (Mid-year, Year-End).
- Performed month end closing and fluctuation analysis.
- Recorded journal entries for month end close.
- Analyzed invoices for accuracy and proper General Ledger Coding for payment processing.
- Reconciled transactions with discrepancies.
- Worked with Accounts Payable supervisor in meeting deadlines for weekly ACH payment and Check depositing and store billing.
- Communicated with buyers and regional offices to resolve pricing discrepancies, material receiving variances, and past due invoices/statement review.
- Worked with Product Demos and analyzed expense reports and generated Invoices.
- Maintain GL Accounts, adjusting entries, review GL accounts and correct journal entries.
- Address vendor inquiries, review vendor statements and perform account reconciliations.
- Research items in non-pay statuses and assist in bringing to a resolution.
- Preparing divisional, freight and product demo accruals.
- Audit purchases and exchange accounts and correct discrepancies.
- Assisted in supplying information for transitioning accounting system from Rapid ERP to Oracle.
- Performed month end closing and fluctuation analysis.
- Recorded journal entries for month end close.
- Analyzed invoices for accuracy and proper General Ledger Coding for payment processing.
- Reconciled transactions with discrepancies.
- Worked with Accounts Payable supervisor in meeting deadlines for weekly ACH payment and Check depositing and store billing.
- Communicated with buyers and regional offices to resolve pricing discrepancies, material receiving variances, and past due invoices/statement review.
- Worked with Product Demos and analyzed expense reports and generate Invoices.
- Maintain GL Accounts, adjusting entries, review GL accounts and correct journal entries.
- Address vendor inquiries, review vendor statements and perform account reconciliations.
- Research items in non-pay statuses and assist in bringing to a resolution.
- Preparing divisional, freight and product demo accruals.
- Audit purchases and exchange accounts and correct discrepancies.
- Assisted in supplying information for transitioning accounting system from Rapid ERP to Oracle.
Skills
- Invoice auditing
- Process improvement
- Bank reconciliation
- Expense management
- Internal controls
- Team leadership
- Invoice audit
Languages
English
Full Professional
Urdu
Professional Working
Spanish
Elementary
Timeline
Accounts Payable and Receivable Manager
William Gottlieb Management Co., LLC
11.2019 - Current
Accounts Payable Clerk
Wakefern Food Corporation
07.2016 - 11.2019