Arun Ice

Review, code, and enter all AP expense invoices for USA and EU, including for multiple divisions and entities. Payment processing – handling of Check, ACH & Wire payments, Payment returns/rejections, corresponding accounting entries in ERP. Managed end-to-end accounts payable process, including capturing invoice dates, accurately coding invoices with correct amounts and cost center.

Accounts Payable (Purchase order & Payment) - Boyd Thermal Systems India Private Limited - Chennai, Tamil Nadu

(2024-08 - 2025-06)

• Review, code, and enter all AP expense invoices for USA and EU, including for multiple divisions and entities.
• Payment processing – handling of Check, ACH & Wire payments, Payment returns/rejections, corresponding accounting entries in ERP.
• Managed end-to-end accounts payable process, including capturing invoice dates, accurately coding invoices with correct amounts and cost center.
• Responsible for approving invoices, matching them to purchase orders, and ensuring compliance with company policies.
• Facilitated timely and accurate posting of invoices for payment, contributing to smooth cash flow management.
• Multiple ERP systems, including Microsoft Dynamics and Oracle to drive business process efficiency and data integration.

Accounts Payable (Connectivity Services & Rent) - Sify Technologies Ltd - Chennai, Tamil Nadu

(2018-07 - 2024-07)

• Managed validation of rent payments and Maintained upkeep of the rent master database, Ensuring 100% accuracy and compliance with lease agreements.
• Achieved thorough vendor reconciliation and clarification, maintaining a 98% accuracy rate and fostering effective vendor relationships.
• Successfully executed the validation and integration of lease rent agreements into Oracle, enhancing financial accuracy and operational efficiency.
• Implemented and maintained audit schedules for rent deposits and rent expenses with a focus on accuracy.
• Accurately validated daily bandwidth invoices, achieving a 100% accuracy rate and ensuring cost efficiency in telecommunications operations.
• Purchase Order (PO) process within Accounts Payable (AP), ensuring efficient procurement and timely payment processing.
• Conducted thorough checks and reconciliations of purchase orders and invoices, ensuring adherence to GST guidelines.
• Proficiently generated detailed Master LMS reports tailored for sweep purposes.
• Effectively reconciled month-end provisions with the trial balance, ensuring accuracy and compliance with accounting standards.
• Effectively managed TDS exemptions to optimize financial operations.
• Managed invoice validation and approval processes, ensuring timely payments according to vendor terms ranging from net 30 to 90 days. Facilitated payments through multiple methods, including checks and electronic funds transfers (EFT).
• Consistently achieved a 99% accuracy rate in daily reconciliation of cash handling between ERP systems and physical holdings, ensuring precise financial accountability.
• Successfully managed quarterly reconciliation processes for Imprest payments, achieving a 100% accuracy rate in financial tracking and compliance.
• Consistently administered employee full and final settlements and advanced knock-offs, maintaining a track record of 100% accuracy and compliance.
• Efficiently organized foreign travel currency arrangements for business trips, ensuring smooth transactions and a high Forex Conversion rate of 95% among employees.
• Consistently achieved a 98% accuracy rate in processing invoices from various departments and conducting precise evaluation of invoice coding using Oracle.
• Facilitated timely preparation of invoice-based checks upon request from Strategic Business Units.
• Ensured prompt dispatch of checks to relevant departments, obtaining receiver signatures as acknowledgments.
• Successfully maintained a comprehensive database tracking cheque details and consistently upheld meticulous records of paid invoices in hardcopy format.

Treasury & Banking - Sify Technologies Ltd - Chennai, Tamil Nadu

(2017-07 - 2018-06)

• Analyzed bank statements and activities list to ensure accuracy of vendor payments, resulting in a 95% decrease in payment discrepancies.
• Administered and Monitored month closure activities for the company, including posting Treasury related transactions and proficient use of Oracle software.
• Effectively managed the processing of bank release orders against Letters of Credit (LCs) ensuring accurate and timely financial transactions
• Monitored and reconciled daily closing balances for over 35 bank accounts, ensuring accuracy and availability of cash reserves to meet monthly financial obligations and daily vendor payments.
• Executed forex conversions with HDFC and SBI, achieving a 100% success rate in mitigating foreign exposure risks and ensuring flawless financial transactions.

Bachelor of Computer Science (B.SC,CS) - Computer Science - Tamil Nadu Open University (2011 - 2014)

Diploma in Computer Application - Computer Application - S.R.M Polytechnic College (2007 - 2009)