Karuna Gongala
Hyderabad
Summary
Efficient Billing & Accounts Receivable Specialist offering 3 years of experience in accounts receivable functions. Excellent knowledge of collection and claims procedures with strong communication skills utilized in resolving customer queries. Skilled in accurately preparing weekly and monthly reports within tight deadlines.
Overview
3
3
years of professional experience
Work History
Senior Accounts Receivable and Billing Specialist
Paradise Food Court Private Limited
2023.04 - 2024.08
- Supported the finance team''s month-end close process by preparing necessary journal entries related to accounts receivable activity.
- Facilitated successful collections efforts through diplomatic negotiations with past-due customers, minimizing write-offs and maintaining positive relationships with clients.
- Enhanced cash flow by ensuring timely and accurate invoicing for clients and maintaining up-to-date accounts receivable records.
- Maintained strong client relationships through effective communication regarding account status, invoice inquiries, and payment arrangements.
- Analyzed customer credit data to determine appropriate credit limits, minimizing risk exposure while supporting business growth.
- Collaborated with cross-functional teams to resolve billing discrepancies, facilitating prompt resolution of customer concerns.
- Monitored customer account balances for irregularities or potential fraud, taking appropriate action to safeguard company assets.
- Established and maintained detailed credit files on all customers, ensuring adherence to internal controls and compliance with regulatory requirements.
- Improved financial reporting accuracy by reconciling accounts receivable ledger to the general ledger monthly.
- Proactively identified potential issues in accounts receivable processes and recommended solutions for improvement, leading to enhanced operational efficiency.
- Ensured timely application of cash receipts by reconciling daily bank deposits to customer accounts, maintaining accurate account records.
- Streamlined billing processes by implementing efficient systems and procedures, resulting in reduced errors and increased productivity.
- Prepared and mailed invoices to customers, processed payments, and documented account updates.
- Reconciled accounts receivable ledger to verify payments and resolve variances.
- Developed customized reports that provided insightful analysis of accounts receivable trends and performance metrics for management review.
- Reviewed accounts on monthly basis to assess aging and pursue collection of funds.
- Followed up overdue payments and payment plans from clients to establish good cash flow.
- Negotiated payment arrangements with customers to establish timely receipt of payments.
- Responded to customer concerns and questions on daily basis.
- Handled account payments and provided information regarding outstanding balances.
- Audited and corrected billing and posting documents for accuracy.
- Maintained accurate records of customer payments.
- Reconciled accounts receivable to general ledger.
Accounts Receivable & Billing Specialist
Paradise Food Court Private Limited
2021.03 - 2023.03
- Take ownership of accounts receivable aging, managing collections efficiency metrics to target.
- Day-to-Day and ongoing impact on financial transactions, keeping on track, on time, and on good terms with our valued partners.
- Perform day to day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables data in an accurate, efficient, and timely manner.
- Assist in streamlining and improving the accounts receivable process identifying areas of performance improvement.
- Support the company in optimizing our financial transactions and systems by performing reconciliation of customers.
- Generating reports, schedules, and statements for internal use & Audit purpose according to specified deadlines.
- Assist in streamlining & improving AR process by identifying areas of improvement.
- Monitor high risk accounts and ensure timely escalation of challenges to management.
Education
Semi Qualified CA - Accounting And Finance
The Institute of Chartered Accountants of India
Hyderabad01.2021
Bachelors in Commerce - Accounting & Finance
Osmania University
Hyderabad03.2017
Skills
- Strong problem-solving skills, including ability to effectively address any issue.
- Proficient in Advanced Excel and ability to quickly learn any new ERP.
- Flexibility to take up new assignments and not limit oneself to specific set of activities.
- Willing to Learn.
- Proactive and Focused.
- Prioritizing and Planning.
- Effective Communication
- High level of accuracy, accountability.
- Excellent system skills
Languages
English
Bilingual or Proficient (C2)
Telugu
Bilingual or Proficient (C2)
Hindi
Advanced (C1)
Timeline
Senior Accounts Receivable and Billing Specialist
Paradise Food Court Private Limited
2023.04 - 2024.08
Accounts Receivable & Billing Specialist
Paradise Food Court Private Limited
2021.03 - 2023.03
Semi Qualified CA - Accounting And Finance
The Institute of Chartered Accountants of India
Bachelors in Commerce - Accounting & Finance
Osmania University
Similar Profiles
Meera BeeMeera Bee
Assistant Restaurant Manager at Paradise Food Court Pvt LtdAssistant Restaurant Manager at Paradise Food Court Pvt Ltd
Aditya SatyamAditya Satyam
Senior Central Manufacturing Manager at Paradise Food Court Pvt LtdSenior Central Manufacturing Manager at Paradise Food Court Pvt Ltd
MOHD NADEEM KHANMOHD NADEEM KHAN
MANAGING DIRECTOR at PARADISE CITY DEVELOPERS PRIVATE LIMITEDMANAGING DIRECTOR at PARADISE CITY DEVELOPERS PRIVATE LIMITED