Prasad Naik

Manager

Role
Manager Ar at Genpact
Location
Pune, MH, IN
LinkedIn followers
500 followers
General Business & ManagementView LinkedIn profile

About Prasad Naik

CARRIER OBJECTIVES : Experienced Accounts Receivable Manager bringing more than 13…

Experience

  1. Manager Ar

    Genpact

    Nov 2023 — Present · Pune, IN

    Managing, coordinating and monitoring day to day operations of Accounts Receivable (OTC) department for US stakeholders.Generate invoices per contract, and timely send them via email or upload them to the customer portal, and manage EDI rejections. Coordinate with customer support, understand the concern, and explain the procedure and requirements to resolve billing and cash application disputes.Applying incoming payments to respective customer accounts, and performing customer and ledger clearing wherever credit notes or claims are raised, as per sales requirements. Creation and implementation of strategies to increase the number of successful collections on past due invoices and increase penetration of accounts. Monitor receivable aging reports, and implement proactive measures for overdue accounts. Drive achievements for collection targets, manage Day Sales Outstanding (DSO), and minimize bad debt reserve.Identify gaps in AR process and contribute to improvement in projects by proposing enhancements in tools and working on continuous improvement of process.Assist in resolving escalated discrepancies to ensure timely and accurate resolution. Lead a team of billing, cash application and collection agents.Set and monitor performance targets for the team through KPI. Train agents on collection activities via calls and emails to recover past dues and handle escalation calls or whenever customer seeks supervisory intervention. Review/approve bad debts write off requests. Monitor delinquency rates and coaching collectors on ways to decrease their delinquency rates. Coordinate across teams like Sales, Customer Support, FP & A, IT Ops, etc, to resolve disputes and ensure smooth operations.Identify and lead automation projects.Provide performance assessment for staff employees and represent coaches during appraisals.Prepare the Monthly/Quarterly Business Review (MBR/QBR)

Education

  • University of Pune

    Master's degree

    2008 — 2010

  • Institute of Cost and Work Accountants of India

    ICWA-INTER

    2008 — 2010

  • MES Garware College of Commerce

    Bachelor of Commerce - BCom

    2005 — 2008

  • Institute of Cost Accountants of India

    CMA Inter

    2008 — 2010

  • MES Garware College of Commerce

    High School Diploma

    2003 — 2005

  • Savitribai Phule Pune University

    Master of Commerce

    2008 — 2010

  • MES Garware College of Commerce

    Bachelor of Commerce - BCom

    2005 — 2008

Skills

  • Accounting
  • Corporate Finance
  • Costing
  • Accounts Payable
  • Sap
  • Microsoft Excel
  • Microsoft Word
  • Financial Analysis
  • Account Reconciliation
  • Financial Accounting
  • Financial Reporting
  • Finance
  • Accounts Receivable
  • Cash Application
  • Ms Office
  • Bank Reconciliation
  • Team Leadership
  • Team Player
  • Multi Tasking

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Prasad Naik — Manager Ar at Genpact in Pune, MH, IN | Unifers