Sandeep Achar

Background

About Sandeep Achar

Finance Operations professional with 15 years of experience driving efficiency and accuracy in Accounts Payable (AP) and Accounts Receivable (AR) functions. Proven expertise in streamlining financial processes, leveraging financial software, and utilizing data analysis to support organizational goals. Known for exceptional attention to detail, strong problem-solving abilities, and effective communication skills. Adept at managing vendor and customer relationships to ensure seamless financial operations and compliance with internal and external standards. In the past 3 years I’ve reduced payment cycle time by 30% by implementing automated invoice processing and improving approval workflows. Also reduced days sales outstanding (DSO) from 60 to 40 days by implementing new credit policies and proactive follow-up procedures. Improved cash flow by 20% by enhancing customer billing accuracy and streamlining the collection process. Achieved 98% collection rate on current receivables and maintained bad debts write-offs under 0.5%. Identified and resolved a 10% discrepancy in missing orders by collaborating closely with the technology team, ensuring data accuracy and improving order fulfilment efficiency. Led coordination with third party providers to deploy a payment gateway reconciliation tool, significantly enhancing reconciliation efficiency and reaching 98% accuracy. Resolved legacy payment gateway reconciliation issues dating back to 2021-22 & 2022-23, clearing ~200cr worth of unreconciled transactions in Mar 2023 to ensure accurate financial reporting. Proactively pursued pending TDS recoveries from FY 2021-22 & 2022-23, recovering ~2cr through consistent and strategic follow up with the payment gateways. Established a monthly reconciliation process with Flipkart on API balances, facilitating the recovery of ~50cr in overdue receivables since Jan 2023. Reduced Payment cycle time by 30% by implementing automated invoice processing and improving approval workflow. Improved vendor satisfaction scores by 40% through timely payments, proactive issue resolution and better communication. Ensured 100% compliance with internal controls and external audit requirements, with zero audit findings for three consecutive years. I am reachable at - sandeepachar87@gmail.com Mobile No.+91 9743293940