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
Finance & AccountingView LinkedIn profile

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

  1. Accounts Receivable Payable Analyst

    Columbia Fire

    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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Ankit Saxena — Accounts Receivable Payable Analyst at Columbia Fire in Mumbai, MH, IN | Unifers