Amit Sharma

Managed US cash application and daily bank reconciliations, including wires, lockbox, auto-wires, ACH, and credit card payments. Verified payment remittances and applied them against invoices. Prepared daily credit card reports, NSF reports, and GL clearing. Generated daily oil and pipeline credit limit reports. Executed daily pre- and final cash forecasting.

SAP Order-to-Cash (OTC) Operations: Administered end-to-end OTC workflows for a varied client portfolio using the SAP FI module during tenure as an Accounts Receivable Trainee. Ledger Maintenance & Reconciliation: Conducted extensive annual reconciliations of customer accounts and supervised General Ledger (GL) entries to guarantee accurate monitoring and balancing of debit and credit notes.

Cash Posting & Settlement: Directed cash application activities, resolved outstanding invoices, and handled promotional claims to reduce variances in ledger balances. Collections Optimization: Evaluated AR aging documentation to pinpoint pending invoices and initiated proactive customer outreach to accelerate collections and lower Days Sales Outstanding (DSO).

Interdepartmental Alignment: Worked in tandem with the Modern Trade (MT) department to optimize invoice verification, monitor payment tracking, and efficiently clear disputed claims.

Analytical Reporting: Compile fortnightly Sales Summary and India Sales Summary reports, providing actionable insights for regional leadership. Financial Accuracy: Perform complex account reconciliations and maintain documentation for credit/debit memos and chargebacks, ensuring 100% ledger accuracy.

Process Improvement: Streamlined invoice workflow and daily cash receipt applications, reducing manual errors in the accounting system. Month-End Support: Execute journal entries and closing activities, collaborating with the broader finance team to ensure compliance with global reporting standards.

Stakeholder Management: Collaborated with Accounts Payable and cross-functional teams to ensure the integrity of financial entries and timely client collections. Quality Assurance: Conducted rigorous quality checks on financial data and monitored fluctuations to ensure compliance with company policies and international standards.

Efficiency Gains: Optimized documentation and record-keeping processes, enhancing team reporting efficiency by simplifying reconciliation workflows.

GL Management: Maintained general ledger accounts and resolved open reconciling items through detailed investigation of intercompany transactions. Audit & Compliance: Prepared monthly, quarterly, and annual filings; supported internal and external audit processes by providing precise financial documentation.

Collaboration: Partnered with various departments to investigate and resolve reconciling items, ensuring the accuracy of balance sheet reconciliations.

Budgeting: Prepared and reconciled budgets for new projects, offering financial insights that influenced management’s strategic decisions. Workflow Optimization: Coordinated with cross-functional teams to gather data and improve efficiency in high-volume financial workflows.