PROFESSIONAL SUMMARY:

• Over all 8+years of IT experience in which more than 5 years of experience in SAP FS - CD
• Strong SAP FS-CD configuration skills with respect to the Billing, Payments, Disbursements, Returns Process and Dunning.
• Strong Business Analysis and Requirements Gathering skills with hands on experience working with client business team
• Strong understanding of various Insurance business processes/rules related to Receivable processing, Invoicing, Payment lot, Payment Run, Returns Processing and Dunning etc.
• Experience in test plan preparation, review and execution of integrated unit testing and functional testing
• Good Insurance domain knowledge (P&C)
• Good functional knowledge on SAP FI-CA
• Capability to work in any industry specific module developed from Contract accounts Receivable and Payable module
• Basic SAP FICO understanding and knowledge on functionalities like LockBox and Electronic bank statement processing
• Experience in using the HP Quality Centre for defect logging and tracking
• Experience in Program Management Office (PMO) operations covering Financial Management, Resource Mgmt and MIS Reporting

PROFESSIONAL EXPERIENCE:

Confidential

SAP FS-CD Functional Consultant

Responsibilities:

• Reviewing the Requirements of the business team with regard to receivable processing .posting, payments and dunning
• Analyzing the business requirements and assess the feasibility and challenges in implementing the same in to the FS-CD System
• Converting and mapping the Business requirement to application requirements
• Proposing the best possible solution to meet the requirements
• Preparing the functional design specifications for the proposed solution
• Presenting the Functional specifications to Business team and development team
• Guide the development team prepare the technical solution specification
• Reviewing the technical specifications prepared on a functional stand point and request for changes if any gaps
• Reviewing the test plan prepared for Unit and Integration testing and suggest additional test scenarios if needed
• Providing functional support during testing phase and address the testing defects if any that requires a fix
• Providing implementation support and post implementation support
• Create Master Data (Business Partner/Contract Account/Insurance Object).
• Master Data changes processing
• Receivables processing from Policy System
• Create the Payment Plan and corresponding spread rules for the receivables
• Posting Run execution (VYSPA) for New Business and Renewal based on payplan
• Calculate a billing net due date for installments
• Cancellation and other premium related transaction processing
• Payment Lot processing from various sources
• Payment Run Processing for one time (IVR and online) and Recurring
• Processing pre note, debit notes for payments to banks
• Credit card expiration alert processing to bank through third party system and processing the updates received
• Notice of change processing from bank file
• Credit clarification posting and processing based on business rules defined
• Refunds Processing to source and check
• Returns Processing and custom return activities triggered
• Mechanical Reinstatement process based on cash posting
• Dunning by Dunning procedure with custom dunning activities for each level
• Dunning rules and charge based on state, pay plan and type of cancellation
• Non pay cancellation rules per state law and legal days
• Payment returns and dunning process integration rules
• Earned premium collection process using external collection agency
• End dunning rules etc
• Write off rules
• Worked on SAP interfaces with agent portal built to issue policies, make payments, do endorsements etc
• Worked on SAP Interfaces with customer portal to provide the billing information and enabling payments processing
• Design involving complete configuration changes for posting receivables and all cash postings ( payments, refunds and returns) to a separate company code for California Earthquake Authority policies
• Refund rules implemented for Agents cash payment based on payplan, cancellation status, type of cancellation and payment source
• Dunning rules specific to Arizona based on line of business, payplan and lapse type
• Collection Process redesign
• Write off process rules modification

Confidential

SAP Functional Lead-Offshore Development team

Responsibilities:

• Leading Cash process team
• Reviewing the functional specifications & identifying gaps
• Guiding the Detail Design preparation from the Application requirements and Design Review.
• Work with the on-site technical lead, SME and off-shore team for functional enhancements/requirements clarification.
• Preparation of Configuration document, End User documents for needed projects
• Provide thought leadership for development of testing approach and execution of unit and functional testing.
• Test plan preparation, Review of test plans, unit & integration testing.

Confidential

Functional consultant-FSCD

Responsibilities:

• Understand the AS-IS business process
• Participated in Blue-printing workshops from offshore to understood the client requirements.
• Involved in Business Requirements Document preparation based on the documents collected from on-site teams like MOMs, Business Process Diagrams.
• Involved in gathering of the configuration requirements which are crucial for base line and advanced-configuration for Billing, Accounts Receivable and Disbursements processes.
• Good knowledge on configuration requirements of other business processes like Master Data, Dunning and GL Transfer
• Configured parameters for payment lot, check lot and returns lot and related Accounts Receivable parameters.
• Worked on Automatic payment lot creation (FPB7) for Wire collections by importing data from the Electronic Bank Statement processing(FLB2)
• Worked on the Payment lot creation (FP05) for manual posting of direct deductible collections
• Configuration of bank clearing accounts, clarification account/suspense account,
• Worked on Check lot creation(FP25) for incoming check payments using the lockbox file from the bank
• Worked on Returns lot (FP09)creation, configuring returns reasons
• Worked on the Account maintenance(FP06) of open items in FS-CD
• Worked on clearing rules creation, clearing steps, grouping and sorting features as per the business requirements for various transactions (clearing types) like Payment lot, check lot etc.
• Worked on FI- treasury functionality of Lock Boxes and Electronic Bank Statement processing for implementing the Accounts Receivable process.

Confidential

Financial Analyst(Lead)

Responsibilities:

• Reviewing the Financials in the draft Statement Of Work (SOW) and the mode of execution of project
• Profitability calculation and review for onsite and offshore projects
• Creation of Work order Numbers (WON) for the projects, getting the necessary approvals from Finance & senior management
• Calculation of cost budget and monitoring the cost in accordance to the resource loading plan
• Liaising with finance and providing necessary documents for all approvals required
• Changing the project value and the cost budget whenever there is a change in project scope
• Completion of monthly Billing based on billable hours for time and material projects and based on billing milestones set for Fixed price projects
• Tracking the outstanding invoices on regular basis, follow up with concerned onsite managers for client payment to reduce the outstanding and bring down the DSO(Days Sales Outstanding)
• Collecting and tracking resource requirements for various projects
• Follow up with Resource Management team to map suitable associate for the requirements
• Allocation of resources to the respective projects
• Release plan for associates based on the the change in project scope and completion status of projects
• Preparation of monthly MIS reports on billing, resource allocation and balanced score card for offshore leverage and Realization/hour
• Preparation of ad-hoc reports requested by Management and Finance
• Acted as Single Point Of Contact for any queries raised by Finance, Legal, Corporate PMO