Katerina Faizulina

Team Leadership & Management
Supervised, trained, and mentored AP staff to ensure high performance and adherence to company policies.
Delegated tasks and monitored workflow to maintain accuracy and timeliness in invoice processing.

Invoice & Payment Processing
Oversaw the end-to-end invoice processing cycle, from receipt and verification to payment and reconciliation.
Ensured all vendor invoices were processed accurately and paid within terms.

Vendor Relationship Management
Managed and maintained relationships with vendors, resolving payment discrepancies and ensuring timely responses to inquiries.
Negotiated favorable payment terms and discounts.

Month-End Close & Reporting
Prepared and reviewed AP reports for month-end close, including accruals and aging analysis.
Collaborated with finance and accounting teams to ensure accurate financial reporting.

System & Process Improvements
Supported implementation and upgrades of AP systems (NAV).
Streamlined processes to reduce invoice cycle time and improve accuracy.

Audit & Risk Management
Coordinated AP-related external and internal audits.
Maintained documentation and audit trails for all transactions.

Key Achievements

• Reduced invoice processing time by 50% through implementation of automation tools and workflow enhancements.
• Achieved 99%+ payment accuracy rate, minimizing late payments and avoiding penalties.
• Improved vendor satisfaction scores by developing a responsive communication protocol and resolving disputes faster.
• Successfully led AP system migration from MACH to NAV, training staff.
• Reduced outstanding payables by 90%, contributing to better cash flow management.
• Standardized AP procedures across multiple departments.
• Recognized by leadership for building a high-performing, service-oriented AP team.

• Cash Management & Forecasting
  Monitor daily cash balances and liquidity to ensure sufficient funds for operational needs.
  Prepare and maintain short-term and long-term cash flow forecasts.
• Banking & Treasury Operations
  Execute daily bank transactions, including transfers, payments, and FX transactions.
• Reconciliations
  Perform weekly, and monthly bank reconciliations to ensure accuracy between bank records and internal ledgers.
  Investigate and resolve any discrepancies in a timely manner.
• Managed monthly financial close processes ensuring accuracy and timely reporting.
• Payment Processing
  Process domestic and international payments, ensuring accuracy, proper authorization, and compliance with internal controls.
  Ensure adherence to payment deadlines to avoid penalties or service disruptions.

Invoice Processing

• Receive, review, and verify vendor invoices for accuracy and proper authorization.
• Match invoices to purchase orders
• Posting process
• Vendor Management
  Maintain vendor records, including banking information and contact details.
  Respond to vendor inquiries regarding payment status, discrepancies, and documentation.
• Reconciliations
  Perform regular account reconciliations, including vendor statement reconciliation and resolving open items.
• Systems & Process Improvement
  Work with finance and IT teams to improve automation and streamline AP processes.