Sahil Nayyar

Finance Manager

Gurugram, Haryana, India12 yrs 4 mos experience

Highly Stable

Key Highlights

Over 12 years of accounts payable experience
Proven track record in financial reporting
Expert in vendor management and compliance

Stackforce AI infers this person is a Finance Manager with expertise in Accounts Payable and Financial Reporting in a B2B environment.

Contact

Skills

Core Skills

Accounts PayableFinancial ReportingProcess AutomationAccounts ReceivableFinancial AnalysisVendor Management

Other Skills

Vendor RelationsAccurate processing of InvoicesPrepared & reviewed financial reportsaudits and monitored compliances for TDSService TaxVATProcess Automation / TransitioningInvoice ProcessingAudit SupportBook KeepingVendor ReconciliationGeneral LedgersCash Forecastingmonitored compliances for TDSVendor Payment Proposal Review

About

I am a proactive and achievement-oriented professional offering over 12 years of experience in managing end-to-end accounts payable operations, optimized processes, reduced costs & ensuring accurate & timely payments with skills in establishing & maintaining effective vendor relationships, negotiated terms to secure favorable payment arrangements, oversaw the timely, accurate processing of invoices, PO and non-PO invoice processing, expense reports, credit memos and payment transactions. Previously associated with Google India Pvt. Ltd. as Sr. Finance Specialist and successfully achieved budgetary goals, pricing objectives, and defined targets for various accounts, competencies, functions, and companies. I am a forward thinking person with proficiency in preparing & reviewing financial reports, ensured accurate and up-to-date records for management & audits and monitored compliances for TDS, Service Tax, VAT and financial analysis, utilized data-driven approaches to identify trends and make informed business decisions, provided valuable financial insights to senior management, resulting in improved financial performance & cost savings.

Experience

12 yrs 4 mos

Total Experience

3 yrs 1 mo

Average Tenure

Current Experience

Google

Sr. Finance Specialist

May 2023 – Oct 2023 · 5 mos · Gurugram, Haryana, India · On-site

Key Result Areas:
 Successfully achieved budgetary goals, pricing objectives, and defined targets for various accounts, competencies, functions, and companies
 Consistently achieved accurate forecasts for mid-month, quarterly & yearly financials
 Ensured prompt & accurate reporting of financial responsibilities in adherence to established timelines and guidelines
 Effectively oversaw OPEX/CAPEX expenses for the EMEA region
 Proactively generated purchase orders based on business needs
 Continuously assessed capacity requirements based on volume forecasts and promptly identify any potential buffer or shortage
 Regularly updated and reviewed financial records with country regional managers
 Managed vendor invoicing and ensured prompt payment processing
 Effectively resolved internal and external stakeholders' concerns regarding purchase orders, invoicing, and payments.

Vendor RelationsAccurate processing of InvoicesPrepared & reviewed financial reportsaudits and monitored compliances for TDSService TaxVAT+2

Concentrix

Accounts Payable Manager

Dec 2019 – May 2023 · 3 yrs 5 mos · Gurugram, Haryana, India · On-site

Key Result Areas:
 Oversaw all accounts payable processes, from invoice processing to payment proposal to account reconciliation
 Automate manual accounting and financial reporting with accounting software
 Ensured timely submission of import documentation to banks and monitored aged items under IDPMS in close collaboration with bankers
 Resolved supplier billing discrepancies and related inquiries in collaboration with business operations
 Managed day-to-day operations of different AP areas, including PO and non-PO invoice processing, vendor desk, internal client and vendor
relations, and payment processing
 Reconciled intercompany transactions and balances in real-time, settled vendor advances promptly and monitored aged advances closely
 Exercised control over vendor master data and ensured compliance with TDS, GST, and MSMED laws while processing vendor invoices
 Ensure adherence to internal controls and DOA matrix defined for P2P process
 Reviewed expense GLs, performed RCA for incorrect bookings, and ensured correct cost center allocation
 Collaborated with business finance teams and managed monthly/quarterly accruals for experience.

Accounts PayableProcess Automation / TransitioningVendor ManagementInvoice ProcessingAudit SupportProcess Automation

Peoplestrong hr services pvt. ltd.

Asst. Manager - AR

Sep 2017 – Dec 2019 · 2 yrs 3 mos · Gurugram, Haryana, India · On-site

Key Result Areas:
 Validated customer invoices as per the customer contract and ensured timely raise of invoices
 Sent weekly dues statements to internal stakeholders
 Analyzed accounts to discover discrepancies and resolved variances promptly
 Projected collection targets at the start of the month to ensure timely collections
 Developed reports detail ageing and past due accounts for weekly/monthly presentation to the EMT members
 Monitored past due invoices and reported the same to the senior management
 Circulated weekly DSO (Days Sales Outstanding) to senior management
 Initiated collections proceedings against accounts past due for more than six months, followed up with new customers for timely payments
and reconciliation
 Ensured correct TDS/WHT deductions on invoices and followed up for TDS certificates
 Cleared suspense accounts & summarized receivables on a weekly and monthly basis
 Protected organization's values by maintaining confidentiality of information and accomplished accounting & organizational missions.

Book KeepingVendor ReconciliationGeneral LedgersCash ForecastingAccounts ReceivableFinancial Analysis

Ibm daksh services india pvt. ltd

Team Lead - AP

Jun 2011 – Sep 2017 · 6 yrs 3 mos · Gurugram, Haryana, India · On-site

 Reviewed PO/NON-PO invoices from WHT & GST perspective, ensured on-time payments to the vendors (Domestic & Foreign Vendors)
 Analyzed Foreign Vendor Payment proposal, analyzed the required documents like, form A1, form A2, form 15CA, form 15CB and other tax
mandatory documents, followed up with consultant and Logistic team for BOE & Airway bills
 Prepared monthly TDS (Deducted under 194J, 194C & 194I) as per IT guidelines and submitted on portal and get it approved on Bank portal
from Authorized Signatories
 Resolved vendor queried, monitored AP India query tracker to meet TAT for query resolution within 24 - 48 hours
 Followed up with the bank and treasury team for timely payment, maintained the manual payment tracker along with the documents and
approval required for audit purposes
 Prepared necessary MJE (Manual Journal entries) & arranged the required approvals to get the manual payments accounted in system
 Provided & coordinated within team or concern stakeholders to share audit artifacts for internal and statutory audits.