SHIVANI SUNTHANKAR

• Aided in meeting daily departmental goals by decreasing days sales outstanding (DSO) and contributed to acquiring approx $4-5M cash potential (per month)
• Prepared sales Invoices, Credit Memos & ensuring Tax bill is minimized (UK & Germany)
• Posted cash receipts, driving integrity of accounts receivable balances and bank deposits
• Investigate all credit transactions in order to apply receipts to correct payer (HSBC Bank & Deutsch Bank)
• Assisted with month-end closings through timely account reconciliations
• Implemented setup of all external web based Customer/Vendor Partnership Portals reducing processing time
• Prepared monthly aging report & Forecast cash collection report
• Detected non-payment issues quickly by monitoring customers' accounts
• Offered administrative support to accounts receivable areas
• Resolved customer concerns, complaints, and inquiries using exceptional problem solving skills.

Promoted as Finance Executive (Jul 21- Sep 22)

• Analyzed financial transactions to identify discrepancies and resolve reconciliation issues.
• Managed recordkeeping, preparing reports, closings, and financial statements with strong attention to detail and expert financial knowledge.
• Managed reconciliation of multiple inter-company accounts and ensured the accuracy of all financial entries. Evaluated and reconciled bank accounts and resolved any discrepancies.
• Assisted in P&L and Balance Sheet reconciliation each quarter.

• Performed cash and trade reconciliation by means of identifying, analyzing and correcting transaction to position breaks
• Recording the Sales & Purchases in the System, issuing Sales Invoices, Credit memos, Purchase order & Debit Memos
• Preparing Bi weekly Outstanding sheet which helped the team to focus on old and large debts
• Managed the accurate and timely processing of up to 1,200 invoices per month
• Preparing & presenting weekly progress (MIS) report for Management for further planning
• Collaborated with company financial experts/consultants to determine the scope of report and develop a goal for each meeting
• Oversaw daily cash control, prepared bank and credit card deposit
• Handled administrative tasks promptly, including setting up new accounts and processing payment resulting in reduction of late fees from 40% to 10%
• Trained 4 new hires and made sure their "on boarding" process ran smoothly.

• Preapring the shipments invoices
• Updating the splitcodes, Incoterm HSN codes & meeting the daily targets of vouching.