SAP
Madhumitha K
Finance & Accounting Specialist
Chennai
Summary
Results-driven professional with extensive experience in processing and reconciling invoices and payments. Strong vendor management skills ensure timely and accurate financial transactions. Proficient in accounting software and knowledgeable in compliance standards, facilitating efficient and precise accounts payable operations. Committed to enhancing financial accuracy and operational efficiency through meticulous attention to detail and proactive problem-solving.
Overview
6
6
years of professional experience
9
9
Certifications
3
3
Languages
Work History
Finance & Accounting Coordinator
Wells Fargo
10.2023 - 10.2025
- Processor coordinator in the invoice verification team for the Telecom invoice process, the Market Data invoice process, Aged Receipts, and Match Exception.
- Contributed accounting expertise toward implementing business improvements.
- Contributed to continuous improvement initiatives within the finance department through constructive feedback and proactive problem-solving approaches.
- Established key relationships with team members, upper management, vendors, and partners through well-developed communication and interpersonal skills.
- Trained new employees on accounting principles and company procedures.
- Connecting with the vendor, line of business regarding invoice and payment issues.
- Monthly reporting activities will be shared with upper management and the onshore team.
- Organized and processed daily accounting invoices, statements and records.
- Managed multiple tasks simultaneously, ensuring timely completion of all assignments.
- Communicated effectively with colleagues and supervisors to resolve issues promptly and accurately.
Associate Analyst
Tech Mahindra Pvt Ltd
08.2021 - 10.2023
- Handled the complete invoice processing cycle, payment processing, helpdesk emails, and reporting activities.
- Invoice processing, which includes receiving, validating, scanning, and indexing invoices in the respective tool, follows company policies and procedures.
- Processed various payment types, including checks and electronic fund transfers, ensuring accuracy and compliance with company procedures.
- Conducted thorough verification of payment data to prevent fraudulent activities, and safeguard vendor accounts.
- Running the respective entity proposal in F110, working on exceptional cases, checking payment entries, and releasing payment.
- A duplicate check of invoice posting will be done to avoid double payment to the supplier.
- Monitored the Helpdesk email inbox and responded to vendor queries, focusing on delivering excellent service in a timely and professional manner.
- Worked closely and coordinated with vendors and clients to address payment-related issues, invoice status, and discrepancies.
- Utilized to categorize emails to team members, priority emails are responded to on the same day, ensuring efficient issue resolution and escalation when necessary.
- Allocation of daily work to the team members. Sending BOD and EOD counts for open invoices and emails.
- Maintained accurate and up-to-date records of invoices and supporting documentation, ensuring compliance with audit requirements.
- Maintained detailed documentation of vendor interactions, solutions provided, and ticket statuses for future reference.
- Assisted in the onboarding process for new Helpdesk team members by providing training and guidance on email handling best practices.
- Received positive feedback and appreciation from the client for exceptional email support.
- Reporting Activities - Worked on the reports below on a weekly/monthly basis and submitted them to management within the TAT.
- SLA report for invoice processing, paid on-time report, helpdesk email tracker report, GR IR report, blocked invoices report, debit balance report, trade aging report, and payment trend analysis.
Process Associate
Accenture Solutions Private
08.2019 - 08.2021
- Handled the full-cycle accounts payable payment process activity for PTP.
- Releasing vendor and employee payments for all business entities globally by running automatic payments in the SAP and Oracle tools, wire transfers, and making manual payments in the business bank portal.
- Exporting and working with bank statements daily.
- Engaging with clients regarding any issues, doubts, or any payment rejections in the bank and taking necessary steps to resolve the same.
- Responding to supplier and payment queries within the timeframe. Working on vendor reconciliation for payments.
- DTP updates whenever there is a change in the process with proper approval.
- Ensure all the invoices are audited and ready for payment. Duplicate invoice checking with the help of an auditing tool.
- Working with the cash management team for any payment returns and taking necessary actions.
- Month-end closure activities in Oracle. Aging invoices should be checked, and necessary steps should be taken to pay the overdue invoices.
- Cross-trained the process activity across the global countries for the APAC, MEISA, and Europe regions, and supported colleagues as a backup user; I also trained new users in the payment process.
- Taking initiative within the team by consolidating the data and providing updates, or raising concerns to the team members.
- Well experienced in management reporting at the F&A level: open items report, blocked invoices report, payment performance report, invoice paid on time report (POT), service level agreement report (IP, payments, query) (SLA), and QCF reporting (quality check).
Education
Certification Course - SAP FICO
IT Boundaries
Chennai, IndiaBBA - Business Accountancy
Ethiraj College
Chennai, India05-2019
HSC -
David Mat. Hr. Sec. School
Chennai, India05-2016
SSLC - General
Kendriya Vidyalaya I.I.T
Chennai, India05-2014
Skills
- Excel proficiency
- Accounts payable processing
- Payment reconciliation
- Accounts receivable
- Invoice processing
- Payment processing
- Purchase orders
- Accruals and prepayments
- Journal entries
- Financial statements review
- Team collaboration
- Fast Learner
Certification
Proficient in configuration of FI Sub-modules General Ledger (FI-GL), Accounts Payable (FI-AP), Accounts Receivable (FI-AR), and Asset Accounting (FI-AA).
Software
Oracle
People Soft
VeraSmart
Controller Web
Accomplishments
- Spoc for a Market data process.
- Got star of the month award.
- Appreciations from vendor & upper management.
Timeline
Finance & Accounting Coordinator
Wells Fargo
10.2023 - 10.2025
Associate Analyst
Tech Mahindra Pvt Ltd
08.2021 - 10.2023
Process Associate
Accenture Solutions Private
08.2019 - 08.2021
Certification Course - SAP FICO
IT Boundaries
BBA - Business Accountancy
Ethiraj College
HSC -
David Mat. Hr. Sec. School
SSLC - General
Kendriya Vidyalaya I.I.T
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