Sarmista Behera

About Sarmista Behera

Accomplished Account Payable Specialist with a high degree of professionalism and strong…

Experience

1. Accounts Payable Team Lead

   Experience Education

   Dec 2023 — Present · Bengaluru, IN

   Managing a Team of 3 members to handle different Brands(Travel bound, Ski bound, TTSS, World challenge,JCA Which comes under Experience Education).Ensuring Accurate and timely invoice processing of vendor invoices, including verification, coding, and approvals. Oversee the preparation and execution of payment runs, ensuring adherence to payment terms and schedules. Processing cross border payment via SWIFT and local methods like ACH(US,CAD,SOUTH AFRICA),SEPA(EU), CHAPS & BACS(UK), ensuring full compliance.Execute urgent payments via bank portals(HSBCnet), ensuring secure and timely processing.Liaised with banks to trace and resolve payment delay.Investigate payment rejections using SWIFT MT103/MT202 and ISO messages(pacs.004 return, camt.029)improving resolution time and audit response.Perform regular reconciliations of vendor statement and resolve discrepancies promptly.Supervising and managing the accounts payable team in processing invoices accurately and efficiently. Developing team members by managing performance, setting goals, providing ongoing training and maintaining strong employee relationship.Prepare and present account accounts payable report including supplier account open balance, incoming and outgoing payment balance, to senior management. Timely closure of month end activities. Assisting in the design and implementation of internal control, process improvement and process documentation. Identifying opportunities and enhance efficiency and accuracy in the accounts payable process through automation and best practice. Assist in internal and external audit by providing necessary documentation and explanations related to accounts payable activities.