SACHIN SOMANNA M.P.

Business Development Executive

Mysuru, Karnataka, India9 yrs 4 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

8+ years of experience in Accounts Receivable.
Expertise in US GAAP and UK GAAP.
Proven track record in driving process efficiency.

Stackforce AI infers this person is a Finance professional specializing in Accounts Receivable and Financial Auditing.

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Skills

Core Skills

Accounts ReceivableCash ApplicationBilling ManagementFinancial ReportingFinancial AuditingAsset Management

Other Skills

Account ReconciliationCollections ManagementOracle NetSuiteMicrosoft DynamicsBilling ProcessClient BillingMIS ReportingRamco ERPBusiness Process Outsourcing (BPO)Revenue AnalysisReportingQuality CheckingAuditingFinancial StatementsTraining

About

Finance professional with 8+ years of experience in Accounts Receivable (AR), specializing in US GAAP and UK GAAP. Proven expertise in Order to Cash (O2C) processes, including invoicing, cash application, collections, journal entries, and intercompany accounting. Skilled in ERP tools with 3 years of hands-on experience in Oracle NetSuite and Microsoft Dynamics, driving process efficiency and accurate financial reporting.

Experience

9 yrs 4 mos

Total Experience

1 yr 10 mos

Average Tenure

3 yrs 8 mos

Current Experience

Cisco

Financial Analyst

Oct 2022 – Present · 3 yrs 8 mos · Bengaluru, Karnataka, India · Hybrid

Managed accounts and customers across diverse regions, including APJ, EMEA, NA, LATAM, and India.
Spearheaded cash application and collection activities for Cisco-acquired entities AppDynamics and IMI Mobile.
Managed bank statements in various currencies; applied ACH, wire, and lockbox payments using Oracle NetSuite and Microsoft Dynamics; and created journal entries for invoice reconciliation.
Led regular collection calls with management to address issues faced with customers, ensuring timely resolution and improved cash flow.
Processed all write-off entries, including bad debts, bank fees, and withholding charges, maintaining accurate ledger records.
Collaborated with bank reconciliation and GL teams for month-end closure activities, ensuring accuracy and completeness.
Performed month-end AR reconciliations and prepared forex reports across multiple ledgers, supporting timely and accurate management reporting.
Coordinated with billing, sales, and customers to resolve disputed invoices, demonstrating strong communication and problem-solving abilities.
Worked closely with Customer Success Managers (CSMs) to obtain required Purchase Orders (POs) for project invoicing, ensuring compliance with internal policies.
Acted as a collaborative team player, providing backup support for other Cisco projects, showcasing versatility and a strong team-oriented mindset.

Account ReconciliationCash ApplicationAccounts Receivable

Tasc outsourcing

INVOICE EXECUTIVE

May 2021 – Jun 2022 · 1 yr 1 mo · Bengaluru, Karnataka, India

Generation of invoices using enterprise resource planning (Ramco ERP) tool.
A detailed review of contracts and proposals to ensure 100% accuracy of all billing terms before execution.
Producing monthly MIS reports with margin analysis activity and maintain a record for monthly reconciliations.
Delivered accurate and on-time monthly financial closing for A/R functions.
Negotiating with clients in non-payment cases. organizing records of invoices, investigating and resolving any irregularities or inquiries.

Billing ProcessClient BillingAccounts ReceivableBilling Management

Infosys bpm

Assistant Accountant

Feb 2019 – May 2021 · 2 yrs 3 mos · Mysuru, Karnataka, India

Generation of Letter of Engagement , verification of invoices, dispatching the invoices to clients, AR related process and reconciliation.
Supervised team members work and QC (Quality Checking) or auditing the work which has been done by each agent and tracking the errors.
Creating of invoice report, account receivable report (by using raw report), consolidation of invoices and submitting the invoices as per the deadline.
Prepared monthly reports RAR, AR tracking, Employee, BE and EOD (End of the Day report).
Interacting with the client on various forums to discuss the status of the project, open invoices, collections and clarify any queries regarding the functionality and handling client’s portfolio.

Business Process Outsourcing (BPO)Revenue AnalysisAccounts ReceivableFinancial Reporting

Career break

Career transition

Mar 2018 – Jan 2019 · 10 mos · Mysuru, Karnataka, India

US-CMA preparation

Kpmg

Audit Associate Asset Management

Aug 2016 – Feb 2018 · 1 yr 6 mos · Bengaluru, Karnataka, India

Worked for asset management industry. Reviewing of unaudited financial statements.
Performing substantive audit procedures on financial statements. Purchase and sales testing of funds with supporting files provided by the clients.
Conducting technical training sessions to team members and to new hires to improve technical skills and in performing the procedures.

Asset ManagementAuditingFinancial Auditing