Sanjhiv Kumar R K
Bengaluru
Summary
Dynamic Cost Specialist at Anheuser-Busch InBev with a proven track record in financial planning and cost optimization. Achieved $3.5M in savings through strategic resource allocation and variance analysis. Adept at fostering collaboration across teams, enhancing procurement processes, and driving efficiency with innovative solutions. Passionate about delivering impactful results in finance.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Cost Specialist
Anheuser-Busch InBev
Bengaluru
04.2020 - Current
- Spearheaded financial planning and forecasting for cloud infrastructure, consistently meeting or exceeding CAPEX and OPEX targets.
- Delivered approximately $3.5M in cost savings through optimization initiatives and leading monthly financial reviews with global stakeholders.
- Managed monthly accruals, monitoring actuals against budget to ensure efficient utilization of resources.
- Oversaw accurate intercompany allocations through effective cost recharge and cross-charging processes across zones.
- Collaborated with Finance on month-end closing activities, including accruals, reconciliations, and variance analysis of technology and cloud expenditures.
- Aligned financial planning with organizational goals by partnering with project managers, Finance, and Procurement on vendor contracts.
- Developed a Power BI dashboard for real-time Azure cost tracking, enhancing decision-making capabilities.
- Standardized SOPs for cost optimization, budget planning, and PO workflows to drive operational efficiency.
Senior Accounts Payable Analyst
Anheuser-Busch InBev
Bengaluru
03.2018 - 03.2020
- Achieved monthly targets and KPIs while leading team in absence of report manager.
- Participated in testing and implementation of SAP Vendor Invoice Management and OCR for South Africa Zone, transitioning PTP process.
- Ensured timely closure of SNOW tickets to maintain compliance with TAT requirements.
- Trained colleagues on new VIM and OCR tools to improve team capabilities.
- Coordinated with business and vendors to resolve outstanding credit notes, generating business value of 3.1 million.
- Forecasted payments accurately, resulting in a 1.4% increase in POT for Europe Zone.
- Initiated unblocking of critical vendors during GRM Audit, facilitating timely payment of $1 million in overdue invoices.
- Implemented macros to streamline report preparation and escalation emails, boosting overall efficiency.
Accounts Payable Analyst
Accenture Service Pvt Ltd.
Bengaluru
08.2015 - 02.2018
- Achieved monthly Target SLA and Business KPIs consistently.
- Streamlined invoice processing and resolved escalations to enhance vendor relationships.
- Conducted vendor reconciliation and analyzed open items to ensure timely resolution.
- Reviewed monthly finance PRP with global finance and leadership teams.
- Prepared weekly dashboards and scheduled calls with procurement for issue resolution.
- Allocated daily workflow across departments to optimize efficiency.
- Compiled bi-monthly escalation reports to track critical issues.
- Generated monthly reports, including consignment stock and BeNeLux analyses, to support cash flow targets.
Accounts Payable Associate
Tata Consultancy Services Pvt Ltd.
Bengaluru
11.2012 - 07.2015
- Validated and scanned invoices according to designated types.
- Ensured timely processing of invoices within established turnaround times.
- Performed daily audits to identify errors in posted invoices, facilitating prompt resolution.
- Created and published daily and weekly productivity dashboards for operational insights.
- Addressed inquiries related to invoices, managing escalations in a timely manner.
- Maintained effective communication with clients about payment needs, ensuring accurate ledger updates.
Education
Master of Business Administration - Finance
ANNAMALAI UNIVERSITY
TAMIL NADU05.2016
Skills
- Financial planning and budgeting
- Cost optimization strategies
- Variance analysis
- Procurement coordination
- Resource allocation
Certification
Lean Six Sigma White Belt Certification, 05/2018
Accomplishments
- Led monthly calls with zones/platform owners to provide overview on cost optimization and recommendations and achieved $ 3.5 mil cost savings.
- Coordinated with business and vendors, cleared outstanding credit note, resulted in $ 3 mil business value.
- Partnership with Automation team and implemented macros to send out automatic emails escalation emails to defaulters which resulted in efficiency 0.5 FTE.
Timeline
Cost Specialist
Anheuser-Busch InBev
04.2020 - Current
Senior Accounts Payable Analyst
Anheuser-Busch InBev
03.2018 - 03.2020
Accounts Payable Analyst
Accenture Service Pvt Ltd.
08.2015 - 02.2018
Accounts Payable Associate
Tata Consultancy Services Pvt Ltd.
11.2012 - 07.2015
Master of Business Administration - Finance
ANNAMALAI UNIVERSITY
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