Sivakumar NV

Experience

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  Tata Consultancy Services

  May 2009 - Nov 2015

  Business Process Lead
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  Computer Age Management Services Pvt. Ltd.

  Dec 2015 - Jul 2016

  Team Lead
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  Maersk Global Service Center India Private Limited

  Jan 2017 - now

  P2P Accounting Manager

  Team Leadership and Accounts Payable Management▪Led a team of 18 members in the management of P2P Accounts Payable for Ocean and Landside costs▪Oversaw functions including vendor management, statement reconciliations, controls, and auditingCross-Functional Coordination▪Coordinated with various teams to ensure controls in auditing, accounting, operating expenses, and other functionsS4 HANA Implementation Support▪Proactively supported the implementation of S4 HANA by reviewing existing processes to enhance organizational efficiencyRisk Management and Process Enhancement▪Designed and implemented processes to eliminate or mitigate potential risks▪Conducted monthly reviews of Gap to target for Open Inventory, Overdue, Payable on Time (POT), GRIR, and debit balance; Managed planning and activities for various GRC controls auditsRisk Assessment and Policy Development▪Conducted assessments, evaluations, and audits of potential risks▪Developed and updated risk management policies and procedureOperational Excellence & Continuous Improvement▪Directed day-to-day operations in a high-volume accounts payable environment▪Identified opportunities within the team to eliminate waste through Continuous Improvement (CI) initiativesSupplier/Vendor Relationship Management▪Negotiated payment terms and pricing with suppliers/vendors to optimize overall business relationships and ensure business continuityVendor Relationship Management▪Served as the primary point of contact for all South Europe vendors/suppliers, addressing operations and procedural inquiriesCost Reduction Initiatives▪Played a vital role in implementing new procedures that led to an annual cost reduction of over 8.60K USD Show less