Naveen Kumar Gujjari

Creating and sending accurate invoices to customers for services rendered or products sold.

Recording payments received, such as checks, electronic transfers, or cash payments.

Keeping track of unpaid invoices and identifying those that are overdue.

Monitoring customer credit limits and ensuring that credit terms are followed.

Approving or rejecting credit applications based on credit history and company policy.

Correctly applying received payments to the relevant customers' accounts and invoices.

Resolving differences between the payment received and the invoice amount, such as underpayment.

And overpayment.

Generating aging reports to identify how long invoices have been outstanding.

Responding to customers' questions regarding invoices, payment terms, account balances.

Ensuring that all AR activities align with internal policies and external regulations.

Job Profile (Retirement Services Planning – 401K Product)

Reporting research comments on difference amount to trustee and finance team on 401K application.

Built an excellent rapport with business unit onshore, which helped in faster resolutions to clients.

Coordinating with BU on the daily rejects and client queries over calls and emails.

Fixing rejected payroll files manually on OMNI RSD1 and NCC Tubes to post the next day without missing TAT per plan cycle.

Setting up forfeiture accounts at the plan level and correcting/setting up SSN in OMNI.

Quality checking on other processed file sets to ensure that the rejects are fixed correctly.

Adjusting/rejecting loan rejected amounts as per investor balance and eligibility in OMNI.

Moving investor funds to safe funds manually to ensure that the negative amounts will post without delay due to market fluctuations.

Preparing process documentation with complete details to guide new joiners.

Downloading the bank statement from the Deutsche Bank and Citi Bank websites and updating the daily incoming payments to the tracker.

Clearing the invoices from the customer account with the incoming received from them.

Posting the payment in the customer account, if the payment detail is not there.

Follow up for the payment details from the customer and clear the UAC.

Sending the mails to the credit analyst for the remittance details.

Issuing debit note, credit note for the requirement.

Pulling the invoice from T-code VF03, as per the customer request.

Preparing UAC Report every week.

Preparation of QC (Quality consolidation) every week.

On a daily basis, we have to update the forecasting tracker.

Month End Activities:

Netting payments received from the intercompany to tally the Hyperion code balances for that particular month to close the books.

Receiving invoicing requests from the plant, from the different entities.

As per the credit analyst's request, we clear the invoices to settle the customer account.

Every month, we have to prepare a reconciliation report from the bank to SAP (ERP).

Preparing month-end forecasting report to match with the client balances.