Rahul Chaudhari
Griffin,QLD
Summary
Meticulous Accounts Payable Officer offering exemplary auditing, team collaboration and time management skills. Highly skilled handling all types of business situations with exceptional composure and poise. Over 3 years working with six-figure accounts within Food Industry.
Overview
4
4
years of professional experience
Work History
Account Payable Officer
Top Cut Foods
2021.01 - Current
- Coordinated accounts payable functions and improved workflow for 250 staff members.
- Closely monitored accounts to post timely payments and resolve billing discrepancies.
- Observed strict confidentiality regulations to maintain data security.
- Input all relevant transactions and supervised properly within accounting system.
- Streamlined accounts payable processes by implementing efficient invoice tracking and payment systems.
- Reduced errors in invoice processing by conducting thorough reviews and reconciliations of vendor statements.
- Improved cash flow management by monitoring aging reports and prioritizing payments based on due dates and discount opportunities.
- Maintained accurate financial records with meticulous attention to detail in data entry and account coding.
- Collaborated with procurement team for timely resolution of discrepancies, ensuring accuracy in invoicing and payment.
- Enhanced vendor relations through prompt communication and professional handling of inquiries or concerns.
- Assisted with month-end closing procedures to ensure timely completion of financial reporting requirements.
- Contributed to audit preparation by gathering documentation, providing explanations, and implementing corrective actions as needed.
- Developed training materials for new employees, promoting consistency in accounts payable processes across the organization.
- Safeguarded company assets by verifying proper authorization before processing payments for large expenses or unusual transactions.
- Optimized workflow efficiency with the implementation of an electronic document management system for easier access to invoices and related information.
- Ensured compliance with internal control policies through regular review and updates of department procedures manuals.
- Collaborated with IT department to automate repetitive tasks, increasing productivity within the accounts payable team.
- Negotiated favorable payment terms with vendors, resulting in improved cash flow management without compromising supplier relationships.
- Prevented potential fraud attempts by enforcing strict adherence to company guidelines regarding approval limits, segregation of duties, and signing authorities.
- Mentored junior staff members on best practices within accounts payable processes, fostering a collaborative work environment that supports continuous learning and development.
- Maintained up-to-date knowledge of tax regulations, ensuring accurate withholding and reporting for all vendor payments.
- Developed reports for senior management to outline expenditures, vendor spend and forecasting.
- Managed accurate and timely processing of over 500 invoices per month.
- Maintained records by imaging invoices, debits, and credits.
- Managed and responded to correspondence and inquiries from customers and vendors.
- Recorded deposits, reconciled monthly bank accounts and tracked expenses.
- Handled day-to-day accounting processes to drive financial accuracy.
- Matched purchase orders with invoices and recorded necessary information.
Account Payable Clerk
Accor Vacation Club
2020.10 - 2020.12
- Streamlined invoice processing by implementing efficient filing and tracking systems.
- Reduced late payment penalties by closely monitoring due dates and managing timely payments.
- Improved vendor relationships through diligent communication and prompt issue resolution.
- Maintained accurate financial records by regularly reconciling accounts payable transactions.
- Enhanced department efficiency with the implementation of digital document management tools for faster invoice retrieval.
- Assisted in month-end closing procedures, ensuring all invoices were processed on time to reflect accurate financial statements.
- Collaborated with other departments to resolve discrepancies in invoices or purchase orders, promoting smooth business operations.
- Saved company resources by negotiating favorable terms and discounts with vendors.
- Maintained high level of data integrity by consistently updating vendor information in the system accurately.
- Prepared comprehensive monthly reports detailing outstanding payables, providing valuable insights for decision-making processes.
- Reviewed employee expense reports against company policies, safeguarding corporate funds from misuse.
- Reviewed vendor invoices for appropriate documentation and validity prior to payment.
- Prepared vendor invoices and processed incoming payments.
- Reconciled bank accounts to verify accuracy of cash records.
- Matched purchase orders with invoices and recorded necessary information.
- Maintained good working relationships with vendors and resolved disputes.
Education
Master of Accountancy -
Holmes Institute
Brisbane12.2019
Skills
- Invoice auditing
- Invoice Processing
- Team Oversight
- Reporting capabilities
- Cash Flow Management
- Accounts Payable
- Payment Scheduling
- Purchase Order Management
- ERP systems proficiency
- Proficient in XERO and MYOB
- Expense Tracking
- Bank Reconciliations
- Confidentiality handling
- Accounts Payable Software
- Microsoft Excel expertise
- Payment Processing
- Bank Reconciliation
- Data Entry
- Financial records and reporting
- Quickbooks
- Purchase Orders
- Customer Relations
- Written Communication
- Record Reconciliation
- Team Collaboration
- Relationship Building
- Problem-Solving
- Reliability
- Teamwork and Collaboration
- Problem-solving abilities
- Continuous Improvement
- Decision-Making
Timeline
Account Payable Officer
Top Cut Foods
2021.01 - Current
Account Payable Clerk
Accor Vacation Club
2020.10 - 2020.12
Master of Accountancy -
Holmes Institute
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