Rakshith E
Bangalore
Summary
Highly talented and experienced professional with over 10+ years in Procure-to-Pay (P2P), Accounts Payable (AP), Procurement, GRIR (Goods Receipt/Invoice Receipt), and Financial Analysis. Expertise in reporting analysis, performance & finance achievement reports, and effective cross-functional communication with internal stakeholders, vendors, and management teams. Strong leadership abilities, capable of building rapport, transferring knowledge, and developing a wide range of people. Detail-oriented individual with a high emphasis on Quality Assurance and continuous improvement. Adaptable, quick to learn new technologies, and thrive in high-pressure, deadline-driven environments.
Overview
11
11
years of professional experience
1
1
Language
Work History
Procure-to-Pay Operations Senior Analyst (Team Lead)
Accenture India Pvt. Ltd
09.2018 - Current
- Managed end-to-end P2P operations for the Latin America region, ensuring seamless transition and knowledge transfer from client teams.
- Oversaw PO, PA, and Non-PO invoice processing in SAP S/4HANA and SAP Dolphin PTS.
- Managed GRIR clearing, invoice corrections, vendor queries, and escalations.
- Led month-end activities including down payment, GRIR reconciliation, freight GL clearing, and vendor balance clearings.
- Facilitated training for new joiners and conducted regular process updates and documentation (DTP, shared drive).
- Worked on FS2 Upgradation Testing and S4 HANA testing to ensure system efficiency and process alignment.
- Responsible for reporting financial information, ensuring timely updates on OpenX and dashboard reports.
- Procurement Process Management, Vendor Management, Purchase Order Creation & Follow-up, Procurement Documentation & Reporting Contract & Pricing Negotiation, Purchase Order & Vendor Data Management.
- Led the successful transition of P2P operations for the Latin America region, improving operational efficiency.
- Received multiple awards for performance, including Spot Awards and Certificate of Excellence.
Senior Associate
Capgemini India Pvt. Ltd
01.2016 - 09.2018
- Invoice Processing & Error Resolution: Managed the full lifecycle of invoice processing, ensuring accurate and timely posting of PO, Non-PO, and 3-way match invoices. Resolved any discrepancies or errors in invoices, ensuring compliance with procurement policies and client SLAs.
- GRIR Clearing & Vendor Reconciliation: Actively participated in GRIR clearing, resolving discrepancies between Goods Receipt and Invoice Receipt, and performing regular vendor reconciliations to ensure timely payments and accurate financial records.
- T&E Posting & AP Upload: Handled Travel & Expense (T&E) postings and processed Accounts Payable (AP) uploads for both standard and non-standard transactions, ensuring alignment with internal financial controls and policies.
- Vendor Query Resolution & Discrepancy Handling: Addressed and resolved vendor queries and escalations, including payment delays, credit memos, and invoice discrepancies. Collaborated directly with vendors and internal teams to ensure smooth communication and resolution.
- Reporting & Compliance: Ensured timely preparation and submission of financial and procurement reports, including vendor statements, payment reports, and monthly reconciliation reports. Monitored compliance with SLA agreements and audit standards.
- SOP Management & Process Improvements: Contributed to the continuous improvement of procurement processes by updating Standard Operating Procedures (SOPs), ensuring alignment with evolving business needs. Managed invoice validation through automated tools like Kofax and OCR.
- Timely Month-End & Vendor Reconciliation: Consistently met month-end closing deadlines and successfully reconciled vendor accounts and accounts payable within specified timelines, ensuring a smooth financial close.
- Process Improvement: Streamlined invoice validation and GRIR clearing processes, reducing the cycle time by 5% and improving efficiency within the procurement team.
- Vendor Satisfaction & Issue Resolution: Successfully managed and resolved vendor escalations, leading to improved vendor satisfaction and stronger business relationships.
- Recognition for Consistency: Recognized as a top performer for consistently meeting deadlines and maintaining high accuracy in vendor reconciliation and payment processing. Awarded for outstanding performance.
Accountant
Minacs India Pvt. Ltd
10.2014 - 12.2015
- Processing Invoice, passing retention entries, booking credit note, Debit note and Prepayments, Playing Key role during AP month ends by passing, Rectification of Invoices., Worked on PO, Non-PO & 3-way based Invoice Processing, Sending Oracle Reports to MIS Team, Preparing TAT & Monthly error analysis reports. Bank recons, payment entries, Expertise with analytical reporting using Advanced Excel features like Pivot tables, charts and other functions. Preparation of Consolidated Invoice Processing Login files for Audit.
Education
MBA - Finance
Sri Jayachamarajendra College of Engineering, Mysuru (SJCE), VTU
Mysuru01.2014
B.Com - Finance
SBRR Mahajan College, Mysuru (University of Mysuru)
Mysuru01.2012
Pre-University Certificate - undefined
Ranga Rao Memorial PU College, Mysuru
Mysuru01.2009
SSLC - undefined
Mahajan High School, Mysuru
Mysuru01.2007
Skills
ERP Systems: SAP, S/4HANA, Oracle R-12, Tally ERP 9
STATEMENT OF PURPOSE
With a solid track record of leadership, problem-solving, and process improvement in Procure-to-Pay (P2P) and Accounts Payable, I seek to build a successful career in a challenging industry. My commitment to continuous learning, adaptability, and high performance has been a cornerstone of my success. I am confident that my contributions will help drive value and growth for your organization. I hereby declare that the information provided above is true and correct to the best of my knowledge and belief. Date: Place: Bangalore, India Rakshith E
CAREER OBJECTIVE
To build a challenging career in a dynamic industry where my expertise in Procure-to-Pay, Accounts Payable, and Procurement can be fully leveraged. I aim to contribute my skills, knowledge, and hard work to achieve organizational goals while advancing my professional career.
Timeline
Procure-to-Pay Operations Senior Analyst (Team Lead)
Accenture India Pvt. Ltd
09.2018 - Current
Senior Associate
Capgemini India Pvt. Ltd
01.2016 - 09.2018
Accountant
Minacs India Pvt. Ltd
10.2014 - 12.2015
MBA - Finance
Sri Jayachamarajendra College of Engineering, Mysuru (SJCE), VTU
B.Com - Finance
SBRR Mahajan College, Mysuru (University of Mysuru)
Pre-University Certificate - undefined
Ranga Rao Memorial PU College, Mysuru
SSLC - undefined
Mahajan High School, Mysuru