Raju Sharma (Rajiv Sharma)

 Raju Sharma Mobile :- Email :- Job Objective Seeking assignments in Finance & account Executive Summary Exp in Finance & Account- order to cash- (AR- Billing and invoicing, contracts Analysis, Cash application, Deduction Revenue recognition,) & GL Accounting US GAAP, International Financing Reporting Standard, Sarbanes Oxley Standards (SOX) worked on SAP 6.0, People soft 8.4 & 9.0, JD Edwards, Oracle 11i, Frontier and E-Recon (reconciliation system) & lotus, CRM-Salesforce.com MS-OFFICE- Word, Excel, Power Point Demonstrated skills in Finance management coupled with expertise in handling confidential information with top management. Strong communication, interpersonal, Analytical & Organisational skills. Organisational Experience PIMT Technologies as Assistant Manager from 23rd April 2019 till present Responsible for the application of cash receipts by matching commission statement invoices to outstanding invoices and manually allocating unreconciled payments based on client, customer, branch, division, and revenue timing guidelines and ensuring documentation balances to cash received. Correct receipts as necessary • Responsible for properly identifying, communicating, coding, and clearing payment discrepancies to include over & underpayments. • Follow-up with clients and supervisors when payment documentation has not been received and/or matched to cash receipts • Review the billing requests received manually and electronically • Enter all billable orders on billing system • Read through the customer contracts to understand and process the billing requests in the billing systems as per the listed/aligned timelines • End to end understanding of Billing cycle • Reconciling the available data with the one in the systems to see that accurate invoices are generated • Creation of credit notes where applicable • Initiates and facilitates the sharing of process knowledge and best practices within the team and across the engagement and is capable of impacting and influencing others. • Carry out month end invoicing and reporting tasks. • Comply with TAT and Accuracy as per SLA / operations metrics • Ensures that monthly, quarterly, and year-end financial close schedules are met. • Participates in the development and installation of system enhancements when required. • Reviews financial accounting, industry, and regulatory requirements as well as client accounting policies and procedures, and ensures compliance. Genpact as Management Trainee - from Dec 2017 to April 2019 Responsible for setting-up Client, Cross Segment & Inter Company Contracts Financial for US & Canadian clients and creating and editing invoices as per contract. • Send the monthly and quarterly client invoices to the project managers (PM) for review and get inputs on invoices. Work on the PM inputs and get them approved. • Communicate with client teams over calls and communicator to discuss on discrepancies and reconciliation of client invoices and revenue. • Provides extensive support to project managers, account receivables and reconciliation team for various types of client revenue. • Revenue SPOC for daily and month-end revenue submission/correction with proper validation at all levels. • Responsible for managing team of new Financial Analysts, mentoring, provide them support by reviewing their Revenue & Manual Advance Balances. Also, provides extensive support to other team members in understanding client evidence, contract setup, invoicing and revenue recognition • Responsible as reviewer for Advance Balance Reconciliation team. Apply customer payments received by wire and in the lockbox to clear open customer invoices, record sales discounts taken and record customer deductions taken in the form of short payments. Gather backup necessary to validate customer deductions. This backup comes in by mail, by email and is often stored on the customer websites which requires the Deduction Specialist to login to the customer portals to download the backup. Review deductions backup and resolve in Account Review against the appropriate promotional or non-promotional plans, allocating to the specific products provided on the backup. Identify potentially invalid deductions and submit disputes with the customer to recover funds that are in fact invalid. Review the AR Aging on a routine basis to identify past due accounts that require collection efforts. Contact customer and provide invoice copies and other backup as needed to ensure invoices are paid. Communicate effectively both verbally and written Provide updates as needed to management team on status of account portfolio. Maintain the integrity of the customers’ accounts and the reporting requirements of the company Provide support as needed for internal and external audit requirements Onyx business solutions as Associate Team Leader from Nov 25th 2013 to Dec 2017 ------------------------------------------------------------------------------------------------------ Job Profile- Formatting, Creating and editing invoice as per the client requirement Maintained and Reconcile Client account for disputed cases Making decisions with clear authority to write off balances according to strict guidelines Settlement of credit advices and Complete Account Reconciliation and process adjustments Applying payments received to different invoices, giving credits for duplicate and over payments, following up with the collections department and clients regarding unpaid invoices, payment reconciliation etc. Investigating unidentified and unapplied cash receipts Verification and processing of vendor invoices, follow-up with various departments for timely submission of invoices. To issue billing Adjustments, track, process and complete third-Party invoices Printout aging invoice report to find past due date for the customer Creating Cash Allocation Report, Conversation Report, Promise Report, Forecasting Report Analyse accounts to discover discrepancies and resolve all variance promptly Maintain up to date billing system and customer files Assisted in resolution of daily Queries by contacting requistioners & suppliers. Managed the TAT required for processing the invoices. Dashboard discussion on a monthly call basis for performance review with the onshore team. Achieving key targets for the process in line with the SLA. Daily Team Hurdles to discuss the issue or update or new ideas to accelerate the speed of processing. Maintain updates folder by documenting new scenarios in the process & revise process documents (SOP) approved by the client. Succession and back up planning, making arrangement for cross training. Deep observation for opportunity areas within the process. Ensure that the guidelines are followed as per standard procedures noted in calibration exercise. Making action plan as per the feedback given by client in Gratification survey of client. Assign work to the team members on a daily basis. Onboard any new team member & complete training. Hold regular feedback & coaching sessions with the team. Maintain the required roster each day & monitor schedule adherence (Monet-Live) for the teams. Motivate team for E-learning. Monthly Process Knowledge check of team member. Aspiration mapping of team members Making action plan as per feedback given by the associate in Gratification survey of Employee ------------------------------------------------------------------------------------------------------------- AON-HEWITT (HEWITT ASSOCIATES) Team Developer (Finance Analyst) from OCT. 2010 to August 2013 ------------------------------------------------------------------------------------------------------ Key Roles & Responsibilities Contract Analysis and Billing/Invoicing Contract Analysis (JAL/SOW/MCA etc) and set up the Project/contract in PeopleSoft 8.4/9.0 as per the Contracts Creating and Editing invoice as per contract set up and as per Project Manager Requirement. Processing of Invoices with Guidelines as per the terms of the contract. Investigate and resolve customer issues related to billing/invoicing Reconciliation of Manual advance billing Cash Application Application of cash to company receivables Reconciliation of daily cash balances Researching and identifying unapplied cash Process Daily WIRE and ACH payments received from customer in Peoplesoft, ensuring proper Cash application. Research on short payments, overpayments, payment missing remittances Follow-up on aged receivables Process financial adjustment (transfer, write offs) as per process requirement researching of unresolved account balance and worked on adjustment in case excess payment Providing necessary assistance and resolve query at the time of internal audit Balancing of Cash Inflow and outflow Revenue Recognition Creating reports for revenue recognition for every project for the assigned clients Reviewed monthly movements in the assigned client’s projects Reporting to Project Manager in terms of Revenue recognition and payment received Recognize and Analysis the Revenues as per the Agreements for the clients via Fixed fee/Time and Material/ Participants based method Scrutinizing the client agreements and recording accurate revenue as per the Hewitt’s revenue recognition policy. Achievement “Tob Business Award” in 2011 for accuracy in revenue and invoicing Genpact as financial consultant (Process Associate) for GE corporate Treasury- from July 2008 to Oct.2010 Accountabilities: Responsible for preparation Reconciliation of all ICF (Inter-company Funding) loan balances of GE Capital Treasury account, verifying the completeness & accuracy Provide variance report for the variance between loans relations and cleanup the Dashboard of loan relations from variances Assisting in ICF – MARS Variance historical cleanup Project of GE Capital Treasury, Posting Journal Entries of Cash settlement with Root Cause Analysis (RCA) regarding Inter Company Loan and Equity daily basis as a part of “Manual Journal entry Centralization & SOX Team” for whole GE-Treasury across border. Through RCA, set up the rules for systems which leads Reduction in Manual Intervention for account reconciliation Reconciliation for Zero Balancing Arrangement (ZBA) between legal entities and Corp Treasury Using Monthly Operating Rate (MOR) for foreign currency for functional amount and posting entries Financial accounting month end close, managing the financial accounts for "GE Treasury". To deal with ad hoc issues of Inter Company Loan Agreement Analysis exercises. To assist in the validation and processing of journals as required, in an accurate and timely Manner to achieve month end close. To ensure confidentiality at all times, only releasing confidential information obtained during the course of employment to those acting in an official capacity in accordance with the Provisions of the Data Protection Act and its amendments according to the guidance of Genpact. To prepare monthly Dashboard representing monthly activity done and report to Client. Training from Genpact University On-line training of International Financing Reporting Standard Data Integrity and Data Privacy E-Recs—About Account Reconciliation Lean-Classroom training by certified lean trainer SOX Compliance- Classroom training Impressive E-mail writing Advance Excel-V look up, Pivot etc. On-line training of Basis of Financial Management -------------------------------------------------------------------------------------------------------------- Education Point (Registered with Delhi Govt.) And Magnificent Pvt. Ltd from Feb 2004-till June 2008 -------------------------------------------------------------------------------- Accountabilities: - Visiting Faculty-Taking Coaching classes of Income tax and costing. Educational qualification PGDBA in Finance from Symbiosis University 2010. B.Com (p) from Delhi University 2002. Personal Profile Date of Birth : 27th Nov. 1978 Father’s Name : Late Shri Dhani Ram Sharma Marital Status : Married Sex :Male Language known: English and Hindi Hobbies : Develop relationship and making friends & Writing Signature Date and Place (Raju Sharma)