Hitesh Mane

About Hitesh Mane

Experienced Senior Accountant | AP/AR Expert | SAP-Certified Professional | Skilled in…

Experience

1. Senior Accountant Accounts Payable & Receivable

   CIRCOR International, Inc.

   Jun 2024 — Present · Thane, IN

   Accounts Payable (AP)1. Oversee the receipt, verification, and processing of vendor invoices for raw materials like screws, motors, and pumps.2. Ensure accurate entry of invoice details in the SAP system.3. Schedule and process payments to vendors as per the payment terms (ACH, wire transfers, checks).4. Review payment batches to ensure accuracy before final approval.5. Match vendor invoices with purchase orders and goods receipts.6. Investigate and resolve discrepancies between POs, invoices, and receipts.7. Oversee employee expense reports and ensure they are in line with company policy.8. Maintain strong relationships with key suppliers of materials and services.9. Handle vendor inquiries and resolve any billing issues.10. Monitor the accounts payable aging report and ensure timely payment of overdue invoices.11. Prepare and present AP aging analysis to management.12. Manage cross-border payments in multiple currencies (EUR, NOK), ensuring timely settlement of vendor payments while considering currency exchange fluctuations.13. Reconcile vendor accounts across regions, resolving discrepancies, and maintaining accurate financial records.14. Ensure adherence to local payment terms and manage vendor relationships with key suppliers in different regions.Accounts Receivable (AR):1. Oversee the generation and distribution of invoices to customers across the three regions.2. Evaluate and manage credit limits for customers in Germany, France, and Norway, based on local risk profiles and payment behavior.3. Reconcile customer accounts and resolve any discrepancies in payment applications.4. Prepare AR aging reports for each region, identifying overdue accounts and highlighting any potential bad debts.5. Reconcile customer accounts regularly to ensure all payments and credits are properly applied.6. Investigate and resolve any discrepancies in customer accounts.7. Prepare adjusting journal entries, reconciliations, and reports as required.