Rahul Parashar
About Rahul Parashar
Rahul Parashar is an Account Executive at American Tower in Boston, Massachusetts, where he has worked since 2011. He manages various financial tasks, including invoice processing, bank reconciliation, and vendor payments, while ensuring compliance with standard operating procedures.
Work at American Tower
Rahul Parashar has been employed at American Tower as an Account Executive since 2011. His role involves managing various financial tasks, including accounts for goods in transit, monthly lease reconciliation, and payment processes. He is based in Boston, Massachusetts, and has accumulated over 13 years of experience in this position. His responsibilities also include preparing monthly bank reconciliation statements and ensuring compliance with standard operating procedures within the P2P team.
Education and Expertise
Rahul Parashar studied at the University Institute of Chemical Technology, where he earned a Master of Commerce degree with a focus on Accounting. His educational background provides a strong foundation for his current role, enabling him to handle complex financial tasks and ensure compliance with accounting standards and procedures.
Financial Responsibilities
In his capacity as an Account Executive, Rahul Parashar processes approximately 300 invoices monthly, including both Purchase Order (PO) and Non-PO based invoices. He initiates weekly payment runs for vendor payments below 1 lac and conducts aging analysis for vendor balances. Additionally, he reconciles monthly operational expenditures, diesel, and EB provisions, contributing to the overall financial health of the organization.
Reporting and Analysis
Rahul Parashar generates and circulates monthly dashboard and Management Information System (MIS) reports, which provide insights into financial performance. He also circulates weekly Goods Receipt Note (GRN) reports, ensuring that all financial activities are tracked accurately. His analytical skills support informed decision-making within the organization.
Compliance and Procedures
Rahul Parashar maintains standard operating procedures for team activities and ensures 100% compliance with these SOPs and policies within the P2P team. His commitment to compliance helps mitigate risks and enhances the efficiency of financial operations within American Tower.