CHINCHU RADHAKRISHNA PANICKAR
Sydney,Australia
Summary
Dynamic finance professional with expertise in accounts payable and receivable, honed at Allianz Services. Proven track record in cash application and credit control, enhancing customer satisfaction through innovative problem-solving. Skilled in SAP and MS Office, adept at fostering collaboration across teams to drive successful outcomes and streamline processes.
Overview
11
11
years of professional experience
Work History
Specialist-Finance & Accounts
Allianz Services Private Limited
Trivandrum
02.2018 - 07.2025
- Company Overview: Client - one of the leading giants in Germany.
- Associated with the International Business team, responsible for the Allianz-affiliated credit controlling of EU and NA Allianz worldwide entities, as well as brokers and counterparts.
- Preparation of aged debt based on the ageing of receivables and payables.
- Sending out monthly statements of accounts (SOA), as well as chasers to counterparties.
- Review of aged items over three years, and preparation of Possible write-offs.
- The end-to-end cash application process includes identifying and posting incoming payments to the respective accounts based on bank reference/IBAN.
- Quarterly comparison and analysis of receivables in accordance with ageing.
- Prompt settlement of claims to counterparts on a timely basis.
- Analysis and investigation of entries under discrepancy, followed by resolution.
- Working collaboratively with other functional areas such as Operations, Accounting, Claims, and global Finance teams to enhance existing processes.
- Rectifying discrepancies in payments in line with counterparts and operations.
- Enhanced customer satisfaction through the development and implementation of feedback mechanisms and service improvements.
- Led cross-functional teams in high-stakes environments, fostering collaboration and driving successful outcomes.
- Responded to incoming requests for information or forwarded to appropriate individual.
- Responds to all queries both from Internal & external customers in timely manner, as per the agreed SLA.
- Creates and maintain centralized records of all collection activities and serves as a conduit for information between Accounts Receivable, Business Finance, and the operational teams and prepare the essential reports.
- Escalates and controls overdue account balances as per corporate collection policy by engaging other parties, including legal as and when required.
- Supports or leading the team in Audit activities.
- Works closely with the supervisor to carry out ad-hoc projects and support the Treasury team on cash forecasting.
- Reconciliation of intermediary accounts to ensure that the collection of debts occurs at the desired service level by utilizing problem solving and negotiation skills.
- Client - one of the leading giants in Germany.
Process Associate
Capgemini India Pvt Ltd
Bangalore
02.2014 - 03.2016
- Company Overview: Client - one of the leading advanced technology giants in America.
- Analysis of AP accrual and work on intercompany AP and AR open items to reduce the accrual bookings in subsequent month.
- Zero out GL to be perform to clear the forex differences in GL Accounts (intercompany control a/c).
- Preparation of the Loan Reclass journals and Loan Reclass report as monthly basis.
- Processing the daily recharges in to SAP by using FB70 (invoice) and FB75 (Credit memo), and also recurring recharges on monthly basis.
- Focus to reduce and do regular follow-up to clear all unapplied credits, which are open in customer books and vendor books.
- Preparation of AR statement / Vendor Reconciliation and GL Reconciliations.
- Working on invoices in queries/dispute. Interacting with buyers and vendors to get PO details or other relevant information and providing resolution to the processing team.
- Managed documentation for process activities, maintaining accuracy and compliance with regulations.
- Conducted quality control checks to maintain high standards in process outputs.
- Client - one of the leading advanced technology giants in America.
Education
Master of Business Administration - Finance
01.2014
Post Graduate Diploma in Management - Insurance and Banking
01.2013
Bachelor of Commerce - Taxation
01.2012
Skills
- MS Office (Excel, Word, PowerPoint)
- SAP accounts payable
- Power BI basics
- Basic Alteryx
- Accounts payable and receivable (AP/AR)
- Decision making and problem solving
- Innovative thinking
- Accounts reconciliation
- Cash application
- Credit control
- Customer relationship management
Timeline
Specialist-Finance & Accounts - Allianz Services Private Limited
02.2018 - 07.2025
Process Associate - Capgemini India Pvt Ltd
02.2014 - 03.2016
University Of Mysore - Master of Business Administration, Finance
International Institute of Business Studies - Post Graduate Diploma in Management, Insurance and Banking
Mahatma Gandhi University - Bachelor of Commerce, Taxation