Alex Stepanyan

• Leadership & Team Management: Directed team of five, including two accounts payable assistants, ensuring high operational standards across AP, vendor management, and financial reporting functions.
• System Implementation: Managed migration from Sage 50 to Sage 200 and later to Microsoft Dynamics 365 Business Central, integrating with bespoke in-house software and Continia Expense Management tools.
• Vendor Management: Built positive vendor relationships, managing credit limits and negotiating high-value agreements to ensure mutually beneficial partnerships.
• Expense Management: Spearheaded implementation of Continia Expense Management for seamless expense reporting and streamlined approvals across organization.
• Financial Reporting: Produced monthly cash flow reports, comparing performance against budgets to support strategic decision-making by senior management.
• Process Improvement: Spearheaded automation initiatives to streamline invoice processing, enhance ledger accuracy, and reduce processing times.
• Compliance & Risk Management: Implemented internal controls to mitigate financial risks associated with outsourcing and vendor partnerships, ensuring full compliance with regulatory standards.
• Transaction Management: Oversaw accurate processing of 2000+ invoices monthly, adhering to strict deadlines and internal policies.

Key Achievements:

• Identified and mitigated multiple phishing frauds, cyber-attacks, and scams, safeguarding financial operations, preventing unauthorised payments, and protecting sensitive data.
  
• Led successful system migrations, achieving 30% reduction in manual errors and significantly improving operational efficiency.
  
• Negotiated strategic long-term vendor agreements, driving cost savings and fostering mutually beneficial partnerships.
  
• Designed and implemented KPI tracking systems for Accounts Payable performance, driving enhanced team accountability, productivity, and measurable improvements.

• Automated routine AP processes, improving accuracy and reducing reconciliation times by 20%.
• Partnered with vendors to address invoice discrepancies, ensuring timely resolutions and improving vendor satisfaction.
• Prepared month-end reports and reconciliations, providing accurate financial insights to management.

• Delivered full-cycle bookkeeping, including VAT submissions, bank reconciliations, and payroll processing.
• Optimized cash flow management by collaborating with customers to secure early payments and improve liquidity.
• Supported annual audits by maintaining precise and organized financial records.

• Conducted high-volume transaction processing with strict adherence to confidentiality policies.
• Reconciled accounts, prepared financial reports, and supported month-end closing activities.
• Verified purchase orders and invoices, ensuring compliance with company policies.