Prateek Mantena

• Increased efficiency by developing cost-effective rates and reducing order processing costs.
• Established and enforced operational policies and procedures to maintain efficient and effective accounting operations.
• Contributed to the smooth running of daily accounting operations for the team.
• Controlled accounting operations and oversaw transactions related to payroll, financial reporting, payables and receivables.
• Collaborated with sales and marketing teams to align logistical support with promotional campaigns, ensuring product availability during peak demand periods.

• Balanced accounts associated with accounts payable process.
• Minimized late payment fees by consistently monitoring due dates and prioritizing payments accordingly.
• Streamlined month-end closing processes, allowing for faster reporting to management on financial results.

• Administered efficient working of both account receivables and payables team and ensured all transaction according to schedule.

• Developed processes for accurate reporting of all revenue generated and collected.

• Monitored transaction process and reviewed it effectiveness on a regular basis.

• Designed a process to integrate both account receivables and account payable systems and performed tests on same.

• Performed tests on all control processes and prepared designs to improve processes.

• Coordinated with staff, management and vendors to ensure effective work.

• Hired and trained accounting employees, evaluated performance and provided feedback.

• Monitored warehouse costs and developed cost reduction plans that saved the company over $500k in a 2-year plan.
• Successfully managed six consecutive inventories under budget.
• Reduced inventory shrink levels from 3.8% to under 1.0% of COGS and maintained shrink percentage over the last 2 years.