Arun Kumar Singh

Operations Associate

Delhi, India24 yrs 9 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

12+ years in Accounts Payable management
Proven track record in process automation
Recognized for excellence in financial reporting

Stackforce AI infers this person is a Financial Operations Specialist with expertise in Accounts Payable and process automation in the Healthcare sector.

Contact

Skills

Core Skills

Accounts PayableFinancial ReportingProcess ImprovementFinancial AnalysisAccounting

Other Skills

AccessAnalysisAuditingAutomationBusiness AnalysisBusiness DevelopmentCLA Process StreamliningCorporate ReportingCustomer ServiceFinancial AccountingHIPAAHealthcareIncome Tax FilingInvoice ProcessingLeadership

About

A result-oriented professional offering 12+ years of a successful career with diverse roles distinguished by commended performance and proven results in managing the daily accounts payable processes; supervising Accounts Payable (AP); managing vendor relations; overseeing the timely, accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions. Proven track record of managing the invoice processing end-to-end cycle in accounts payable, employee travel & re-imbursements & month end accounting and end-to-end processing of invoices. Holds the credit of success in working on travel cost analysis and corporate reporting, process standardization & automation. Skilled in speeding up accounts payable (AP) processes by teaching team members advanced excel formulae for use in their day-to-day work. Key role in leading the MIS reporting to the management for monitoring movement of key business indicators to facilitate decision making and analysis; providing reports on TDS data to the stakeholders. Team-based management style coupled with the zeal to drive visions into reality

Experience

Unitedhealth group

Assistant Manager Finance

Jan 2012 – Present · 14 yrs 2 mos · Gurugram, Haryana, India

Key Result Areas:
Overseeing the invoice processing, correct accounting to respective cost centres while applying all process checks and finally issuance of payment to vendor in People-Soft System
Conducting comparison of month-end accruals, actual invoices received which leads to variance analysis for cost variation
Handling the month –end closing checks i.e. from accounting perspective that cost has been booked correctly to respective cost centers and Reconciliation of Accounts Payable (AP) books with General Ledger (GL)
Ensuring periodic vendor reconciliation which involves comparison of vendor and company records and resolving the open items and accurate recording of Employee travel, re-imbursements , month-end accounting checks, payments, etc.
Carrying out payroll accounting & reconciliation on monthly basis
Assisting in audit requirement for various statutory and internal audits assignments
Highlights:
Reduced company processing costs through initiating electronic payments and automating invoice entry
Managed Accounts Payable (AP) trial balances at month-end and maintained adherence to standards
Redesigned the e-Payment Module for trade payments (local and international), tax payments, payroll and reimbursements that reducing transaction delay
Managed the accurate and timely processing of up to 400 invoices per month; assessed and closed the Accounts Payable (AP) sub-ledger on a monthly basis, validated content and resolved various issues.
Providing Tax related data (TDS, WCT & Service Tax) to Tax team to file tax return on time

Accounts PayableInvoice ProcessingFinancial ReportingVendor RelationsFinancial Analysis

Csc - computer sciences corporation

Assistant Manager

Aug 2010 – Jan 2012 · 1 yr 5 mos · Noida, Uttar Pradesh, India

Aug’10 – Jan’12 CSC Pvt. Ltd., Noida as Assistant Manager (Finance)
Highlights:
Managed team of 5 resources and included handling Accounts Payable, transactions including issue of travel advances & tracking, travel settlement and accounting in SAP
Played a key role in debit/credit note for long term travel advances to CSC-US & UK on monthly basis and reconciliation
Carried out travel cost analysis and corporate reporting and handled the process standardization and automation
Received:
o Award from CFO for coordination of billing old L1 (Long Term) advances and reduction of the employee receivables, handled Denmark travel cases independently and participating in travel team meetings & improvements
o Employee of the Month award in Jan’11

Accounts PayableSAPTravel Cost AnalysisCorporate ReportingProcess StandardizationFinancial Analysis

American express

Senior Financial Analyst

Jul 2007 – Aug 2010 · 3 yrs 1 mo · Gurugram, Haryana, India

Awarded for valuable contribution in streamlining the CLA Process and taking extra imitative in reconciling the TDS on lease rent account in Dec’07, same was awarded by VP & Business Leader
Recognized and awarded by VP & Business Leader for valuable contribution in clearing old outstanding in employees travel advance and setting up a process to ensure timely closure of travel advances in Apr’08
Received award from the Director - Investment Planning & Analysis for dedication and outstanding performance towards closing the lease agreements and supporting corporate planning in May’08

CLA Process StreamliningTDS ReconciliationLease Agreement ClosureFinancial AnalysisAccounting

Shtr consulting group

Accounts Officer

Jan 2001 – Jan 2007 · 6 yrs · India

Played a key role in maintaining books of accounts up to finalization using Tally 6.3. & ensured accuracy of employee accounting and preparation of salary as per provident fund & TDS norms
Managed the employee’s advances, recovery, traveling allowance, dearness allowance, and medical allowance, conveyance bills, preparation of Form 16, Form 16A income-tax forms, filing of income tax return, ROC return & filing E-TDS return
Distributed cash and bank payments to various units of organization and oversaw the bank reconciliation statements of various bank accounts on monthly basis and recording of foreign remittances

TallyAccountingIncome Tax FilingFinancial Reporting