R. Ravikumar
Ayappakkam
Summary
Highly skilled and detail-oriented operations management professional with over 16 years of expertise in end-to-end Accounts Payable, Accounts Receivable, Employee Travel Expense, and Indirect Taxation processes. Recognized for exceptional client satisfaction, strong work ethic, and unwavering commitment to excellence. Proven ability to manage multiple accounting projects with precision and professionalism, excelling both independently and as a leader of small or large teams to consistently achieve organizational goals. Experienced across Manufacturing, Finance Shared Services, and Consulting domains, with a strong focus on process optimization and efficiency improvement.
Overview
16
16
years of professional experience
Work History
Finance Manager Transaction Process (GBS)
Buckman Laboratories International, Inc.
Chennai
07.2023 - Current
- Company Overview: Finance Global Business Services.
- Manage a team of 25 members, which includes junior and senior members, and ensure an error-free process.
- Supervise finance transaction processes such as Accounts Payable (AP), Accounts Receivable (AR), and Travel & Expense (Concur) for APAC, Europe, South Africa, and North America.
- Ensure service levels and key performance indicators (KPIs) are consistently met or exceeded, as per agreed.
- Drive the implementation of standardized processes across regions and business units.
- Align GBS finance operations with the organization's overall business strategy.
- Identify opportunities for efficiency improvements and cost reduction within finance operations, and provide updates to the global team on a quarterly basis.
- Involve in implementing and optimizing ERP systems, automation tools, and advanced reporting platforms for GBS.
- Managing diverse, cross-functional teams across multiple geographies from the GBS center.
- Foster a culture of continuous learning, providing training and development opportunities to all finance transaction team members in GBS.
- Guide teams through process transitions, system upgrades, and organizational changes.
- Analyze operational performance, providing actionable insights to senior leadership.
- Oversee the preparation of accurate and timely financial reports, dashboards, and reconciliations.
- Support strategic financial planning by leading budgeting and forecasting processes for the GBS finance function.
- Ensure adherence to SOX, local statutory requirements, and global financial regulations.
- Identify and address potential risks in GBS finance operations.
- Act as a liaison between finance teams, regional stakeholders, and leadership.
- Oversee relationships with key vendors, ensuring alignment with organizational goals.
- Lead the adoption of new technologies, such as RPA (Robotic Process Automation), AI-powered analytics, and cloud solutions.
- Identify instances of non-compliance, spending patterns, unusual data trends, and potential fraud or abuse.
- Interact with the respective team leads and managers to resolve issues of a highly confidential or sensitive nature.
- Working closely with the GBS leadership team on new policy implementation and concur migration according to region-specific taxation.
- Developing new procedures and processes to streamline operations and enhance service efficiency.
- Manage the day-to-day operations of the Corporate Card Programs, including new card issuance and executing cancellation requests.
- Reconciliation of the corporate card opening and closing balances on a monthly basis.
- Monitoring changes in travel policies and procedures, I made recommendations to management as needed.
- Provide ad-hoc management reporting on travel and expense, report on key metrics, and conformance to standards and policies.
- Sharing process updates with team members and updating the SOP as changes take place in policy.
- Research discrepancies identified during the audit, and determine an appropriate course of action for resolving issues based on the results of the audit.
- Designing and implementing systems and procedures, supervising the consolidation of group accounts, and preparing financial statements.
- Working closely with the local finance team on mapping the approval matrix based on the company's DOA.
- Traveled extensively to regional offices in Europe, the Middle East, and Singapore in my previous organization.
- Conduct process assessments, identify regional nuances, and map 'as-is' workflows.
- Collaborate with local finance teams to standardize and migrate processes to the shared services center.
- Facilitate smooth knowledge transfer and process documentation, ensuring minimal business disruption during transitions.
- Partnered with senior stakeholders and regional finance leads to align on process changes, performance expectations, and compliance requirements unique to each region.
- Gained deep insights into regional finance practices, tax regulations, and cultural sensitivities, enabling effective collaboration with diverse teams.
- Finance, Global Business Service.
Assistant Manager Finance & Accounts
ESAB India Ltd.
Chennai
01.2019 - 06.2024
- Company Overview: (T&E)
- Manage a team of 13 members which includes Junior/Senior member and ensure error free process of T&E claim
- Serve as T&E SME for system implementation of concur and upgrades for Esab Global GBS center
- Monitor and follow up entries that are stuck in expense reports to the ERP system
- Identify instances of non-compliance, spending patterns, unusual data trends, and potential fraud/abuse
- Interact with respective Team Leads and Managers to resolve issues of a highly confidential or sensitive nature
- Working closely with GBS leadership team on new policy implementation and concur migration according to region specific taxation
- Developing new procedures & processes to streamline operations and enhance service efficiency
- Manage the day-to-day operations of the Corporate Card Programs including new card issuance and execute cancelation request
- Reconciliation corporate card opening and closing balance on monthly basis
- Monitoring changes in travel policies and procedures; made recommendations to management as needed
- Provide ad-hoc management reporting on travel & expense, report on key metrics and conformance to standards and policies
- Managed transition of T&E activity from sending geographic, being responsible for successful doing knowledge transfer within agreed timeline
- Supporting cross functional project and initiative related to T&E
- Sharing of process updates to team members and updating SOP as when change take place in policy
- Research discrepancies identified during audit, determine an appropriate course of action for resolving issues based on results of the audit
- Designing & implementing systems & procedures; supervising consolidation of group accounts and preparation of financial
- Working closely with local finance team on mapping approval matrix based on company DOA
- Perform SAP concur tests to evaluate system behavior and compliance with ESAB policy
- (T&E)
Senior Accounts Officer
ESAB India Ltd.
Chennai
07.2016 - 12.2018
- Company Overview: (T&E)
- Manage a team of 13 members which includes Junior/Senior member and ensure error free process of T&E claim
- Serve as T&E SME for system implementation of concur and upgrades for Esab Global GBS center
- Monitor and follow up entries that are stuck in expense reports to the ERP system
- Identify instances of non-compliance, spending patterns, unusual data trends, and potential fraud/abuse
- Interact with respective Team Leads and Managers to resolve issues of a highly confidential or sensitive nature
- Working closely with GBS leadership team on new policy implementation and concur migration according to region specific taxation
- Developing new procedures & processes to streamline operations and enhance service efficiency
- Manage the day-to-day operations of the Corporate Card Programs including new card issuance and execute cancelation request
- Reconciliation corporate card opening and closing balance on monthly basis
- Monitoring changes in travel policies and procedures; made recommendations to management as needed
- Provide ad-hoc management reporting on travel & expense, report on key metrics and conformance to standards and policies
- Managed transition of T&E activity from sending geographic, being responsible for successful doing knowledge transfer within agreed timeline
- Supporting cross functional project and initiative related to T&E
- Sharing of process updates to team members and updating SOP as when change take place in policy
- Research discrepancies identified during audit, determine an appropriate course of action for resolving issues based on results of the audit
- Designing & implementing systems & procedures; supervising consolidation of group accounts and preparation of financial
- Working closely with local finance team on mapping approval matrix based on company DOA
- Perform SAP concur tests to evaluate system behavior and compliance with ESAB policy
- (T&E)
Process Associate
McKinsey & Company
Chennai
05.2013 - 06.2016
- Responsible for processing PO & Non-PO invoices, T&E, Freight invoices, credit notes, utility payments, Building rents and lease payments as per TAT
- Successfully verified payment documents before releasing payment by verifying approvals, entries & necessary details
- Showcased excellence in collating provision data across the regions to record provision against accrued expenses
- Developed new procedures & processes to streamline operations & enhance service efficiency by using effective measures to reduce TAT
- Responsible for mapping clients’ requirements & coordinated in developing & implementing the processes in regard to pre-set the guidelines
- Skillfully handled audit queries by submitting required documents and providing needed explanation to auditors
- Received the opportunity to travel and visit the Middle East (Dubai) Office for 1 month for end to end payable process, knowledge transfer being done to the team members with necessary documentation and oracle screen shots
- Acknowledged with 'Best Employee Award' for the year 2014 from our director
Process Associate
Kone Elevator India Pvt. Limited
Chennai
07.2011 - 03.2013
- Played a vital role in verifying and processing all accounts payable documents for company
- Successfully maintained TAT and control of aging items & provided technical support for resolving issues raised by vendor
- Authorized for coordinating with other departments for solving vendor issues & negotiating the payment terms with vendors/ suppliers
- Showcased excellence in discrepancy of research invoice and facilitating internal & external audit with back up invoice
- Skillfully performing quality checks for payments made to the vendors
- Played a vital role as a SPOC for maintaining the team metrics
- Recognized with: Appreciation E-mails for handling the process without any escalation for Q1 & Q2
- Gifts and Kudos for effectively handling clients
- Showcased excellence in: Business processes discussions & shared ideas for improving the better to the best
- Pilot Phase of the new transition Project for KONE SAP Implementation
- Integration Testing (phase 1 to Final phase 4) in SAP Z system testing environment as per test scripts
- Represented as part of new and additional scope transition of Accounts Payable Process
- Received the opportunity to travel and visit the Middle East Office for a period of 2 months along with Process Manager for maintaining process & transfer knowledge to the team members with necessary documentation & SAP screen shots
Accounts Payable
Tata Consultancy Services
Chennai
03.2010 - 06.2011
System Auditor (Accounts Payable)
R. Balachandran & Co.
Chennai
08.2008 - 02.2010
Education
MBA - PULC-Twinning Program
Loyola College
01.2010
B.Com. - Hons.
Mar Gregorios College
01.2008
Class 12th -
Velamal Matric Hr. Sec School
01.2005
Graduate -
NIIT
01.2008
Skills
- Payable Management
- T&E processing concur
- RTGS Payment Management
- Escalation Management
- SOX Compliance
- Strategic Planning
- R&D Accounting
- Budgeting
- Monthly Account Reconciliations
- Audits (Statutory & Internal)
- Reporting & Documentation
- Fixed asset Management
- Statutory Compliances
- Liaison/Coordination
- Team Management
- Tax Compliance & Reconciliation
- Vendor Reconciliation
- Recharge specialist
Professional overview
Highly skilled and detail-oriented operations management professional with over 16 years of expertise in end-to-end Accounts Payable, Accounts Receivable, Employee Travel Expense, and Indirect Taxation processes. Recognized for exceptional client satisfaction, strong work ethic, and unwavering commitment to excellence. Proven ability to manage multiple accounting projects with precision and professionalism, excelling both independently and as a leader of small or large teams to consistently achieve organizational goals. Experienced across Manufacturing, Finance Shared Services, and Consulting domains, with a strong focus on process optimization and efficiency improvement., Payable Management, T&E processing concur, RTGS Payment Management, Escalation Management, SOX Compliance, Strategic Planning, R&D Accounting, Budgeting, Monthly Account Reconciliations, Audits (Statutory & Internal), Reporting & Documentation, Fixed asset Management, Statutory Compliances, Liaison/Coordination, Team Management, Tax Compliance & Reconciliation, Vendor Reconciliation, Recharge specialist
Languages
- English
- Tamil
Personal Information
- Passport Number: J1460434
- Notice Period: 90 Days
- Date of Birth: 02/17/87
Timeline
Finance Manager Transaction Process (GBS)
Buckman Laboratories International, Inc.
07.2023 - Current
Assistant Manager Finance & Accounts
ESAB India Ltd.
01.2019 - 06.2024
Senior Accounts Officer
ESAB India Ltd.
07.2016 - 12.2018
Process Associate
McKinsey & Company
05.2013 - 06.2016
Process Associate
Kone Elevator India Pvt. Limited
07.2011 - 03.2013
Accounts Payable
Tata Consultancy Services
03.2010 - 06.2011
System Auditor (Accounts Payable)
R. Balachandran & Co.
08.2008 - 02.2010
MBA - PULC-Twinning Program
Loyola College
B.Com. - Hons.
Mar Gregorios College
Class 12th -
Velamal Matric Hr. Sec School
Graduate -
NIIT
Similar Profiles
Mzimkhulu NcomboloMzimkhulu Ncombolo
Service Technician at Buckman LaboratoriesService Technician at Buckman Laboratories
Florencia PiccolottoFlorencia Piccolotto
Senior Financial Accountant EMENA at Buckman Laboratories EMENASenior Financial Accountant EMENA at Buckman Laboratories EMENA
Sreemathi VarshiniSreemathi Varshini
Software Developer (Internship) at Buckman LaboratoriesSoftware Developer (Internship) at Buckman Laboratories