Ankit Saxena
AP/AR Specialist | Enhancing AP/AR Efficiency, Ensuring Accuracy, and Minimizing Errors | Proficient in Administration, ERP (QB/Netsuite), and Power BI | Budget Forecasting | Negotiations | Vendor Management
- Role
- Accounts Receivable Payable Analyst at Columbia Fire
- Location
- Mumbai, MH, IN
- LinkedIn followers
- 500 followers
About Ankit Saxena
As an accounts specialist, I apply my 14+ years of accounting expertise to accounts payable/receivable, month-end closing activities, negotiations, and general ledger functions. I am certified in Microsoft Office and Power BI and use these tools to analyze, report, and optimize financial data and processes.I have successfully introduced and implemented AP automation solutions that resulted in a 50% reduction in processing time, a 22% decrease in error rate, and a 30% cutback in redundant steps. I communicate effectively with external parties to resolve account issues, maintain inter-company loan schedules, and perform bank and credit card reconciliations. Additionally, I lead and mentor accounting teams, providing feedback and support through weekly 1:1 sessions. My goal is to help the accounting department run smoothly, transparently, and profitably, and to contribute to the company\'s growth and success.
Experience
Accounts Receivable Payable Analyst
Jun 2024 — Present · Seattle, WA, US
Generate and issue invoices promptly, resulting in a 15% reduction in billing errors and a 10% improvement in cash flow.• Assist with compiling 1099\'s and other tax (Sales Tax) document.• Effectively communicate with customers to address billing inquiries, discrepancies, and payment arrangements, reducing customer disputes by 25%. • Prepare and analyze reports on accounts receivable status and aging.• Process and review invoices, purchase orders, T&E in QuickBooks, and payment requests for accuracy and adherence to company policies.• Verify and reconcile vendor statements and resolve any discrepancies.• Prepare and process payments to vendors, ensuring they are made promptly through ACH.• Keep precise and up-to-date records of transactions, improving financial tracking and audit readiness.• Collaborate with internal departments to address invoice and payment discrepancies, improving resolution time by 35%.• Assist in month-end and year-end closing activities related to AP.• Stay updated on industry trends and best practices in AP processes leading to a 15% improvement in overall AP efficiency.
Education
Pillai College of Arts,Commerce and Science
Bachelor of Commerce - BCom, Business/Commerce, General
2006 — 2009
ITM Business School
Master of Business Administration (MBA), Accounting and Finance
2012 — 2014
Skills
- Windows
- Powerpoint
- Microsoft Excel
- Leadership
- Teamwork
- Banking
- Team Management
- Microsoft Word
- English
- Project Planning
- Accounting
- Analysis
- Outlook
- Microsoft Office
- Financial Analysis
- Strategy
- Mis
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