Ruchika Samaddar

About Ruchika Samaddar

As a Finance Team Lead and Oracle Functional Consultant at HCL Technologies, I oversee…

Experience

1. Finance Specialist

   Vodafone

   Jan 2024 — Present · Pune, IN

   Accounts Payable (AP):•Managed and processed a high volume of invoices, ensuring timely and accurate payments to over 200 vendors.•Verified and matched purchase orders, receiving reports, and invoices to maintain accuracy and compliance.•Handled AP aging reports and reconciled discrepancies with vendors, reducing overdue payments by 15%.•Implemented electronic payment systems and automated workflows, cutting processing time by 20% and reducing errors.Accounts Receivable (AR):•Generated and issued over 300 invoices monthly, ensuring accurate billing and prompt payments.•Managed AR aging reports and performed collections activities, reducing outstanding receivables by 10%.•Reconciled customer accounts and resolved discrepancies through effective communication with clients.Reconciliation:•Conducted monthly bank reconciliations for multiple accounts, ensuring accuracy and completeness of financial records.•Reconciled general ledger accounts and resolved discrepancies promptly, maintaining financial integrity.•Collaborated with other departments to ensure accurate and consistent financial data across the organization.•Prepared and reviewed account reconciliation statements, ensuring compliance with company policies and accounting standards.Financial Reporting:•Assisted in the preparation of monthly, quarterly, and annual financial statements, providing accurate and timely financial information.•Provided analysis and insights on financial performance, supporting strategic decision-making processes.•Ensured compliance with Generally Accepted Accounting Principles (GAAP) and other regulatory requirements.Additional Contributions:•Streamlined financial processes and implemented best practices, improving efficiency and accuracy.•Trained and mentored junior finance staff, fostering a collaborative and knowledgeable team environment.•Utilized advanced Excel skills and financial software to analyze data and generate reports.

Education

• Savitribai Phule Pune University

  Bachelor of Commerce - BCom, Accounting and Finance

• Maharaja Agrasen Himalayan Garhwal University

  Master of Business Administration - MBA, Finance, General

• Bsc fashion design

  Bachelor of Applied Science - BASc, Fashion/Apparel Design

  2011