Suyambu Pradesh S
Chennai
Summary
Dedicated and results-driven professional with over 15 years of experience in managing financial transactions and cost management. Proven track record of optimizing processes, reducing costs, and enhancing overall efficiency. Collaborated with internal and various external stakeholders to complete and achieve business critical tasks and goals
Overview
15
15
years of professional experience
Work History
COST MANAGER
Standard Chartered Global Business Services
08.2019 - Current
- Stakeholder Management
- Managing Generic Query Mailbox to ensure all PO and payment requests are addressed to avoid any business impact
- Providing daily P2P status updates to all concerned stakeholders to keep them informed
- Analyze and resolve vendor payment requests using reconciliation standards and guidelines
- Reconcile payable reports each month to confirm that all amounts paid were accurate
- Collaborating with internal payment team and vendors to handle, resolve AP queries and payment related issues
- Finance Portal
- Processing procurement requests by analyzing the vendor contract with the organization
- Analyzing and approving the procurement requests in Finance portal based on the budget available for the domain
- Analyzing and obtaining required approval for unbudgeted spending
- Getting the approvals from cost center owners by providing required supporting documents
- Updating the status of PO and invoices in portal with relevant information
- Ensuring that all PO and invoices are updated with latest information in finance portal for centralized status check
- PO/Invoice Management
- Liaising with vendors for on time invoice submission to ensure milestone achievement
- Track SOW timelines ensuring the prompt payment processing for all invoices as per the agreed milestones and deliverables
- Preparing necessary Singapore/Malaysia WHT tax forms which will be attached to invoices to enable payment
- Ensuring all PO orders are paid accurately on time to ensure smooth business operations
- Advising central finance team on monthly accruals for the services rendered by the vendors
- Managing prepayment and amortisation
- Forecasting, Reports and Pack
- Preparing monthly financial reports to showcase the actual vs forecast which is referred during monthly meet with management team to meet the yearly budget
- Assisting business finance in the preparation of accrual by providing PO vs Payment reports
- Preparing and presenting on actuals vs forecast, detailed headcount, and open JR to the management team
- Creating and updating a live dashboard showcasing recent updates to all POs and invoices, Created a live dashboard with transparent updates of POs & Invoices to the stakeholders reducing email exchange which improved stakeholder experience & satisfaction Processed all POs with 100% accuracy without any errors Achieved forecasted spend by processing all payments in without spill over Ensured spendings are within budget Trained the backup support to avoid single point of contact issues Joined as senior analyst and got 2 promotions to become Associate manager
ACCOUNTS PAYABLE SPECIALIST
Standard Chartered Global Business Services
11.2015 - 08.2019
- Led transition of AP process from incumbent team and created required documentation Resolved escalations around generic query mailbox reducing 1000s of emails to a few in a couple of months Recovered $800k by resolving a long pending reconciliation issue to avoid a potential operational loss Reduced turnaround time(TAT) from 10 to 4 business days by processing pending invoices which resulted in on-time payments and reduced queries Streamlined billing processes which reduced potential financial loss to the organization Received Pride Award for Year 2016 for the performance and initiatives Nominated in 10-member operational excellence team out of 150 employees in the group Played a key role in setting up a team in secondary/backup location as part of BCP Key player of many live projects (Process Module, Time & motion study, Bridge and, Processing of payments to suppliers and obtaining services from suppliers promptly by approving invoices after performing required quality checks
- Managing Query Mailboxes covering multiple countries across the globe
- Managing inward invoices and reconciling the report of Inwards
- Managing daily payment run to release accurate vendor payments
- Preparing monthly dashboard containing TAT calculation & billing file and presenting the same in dashboard calls to country finance team
- Perform reworks to analyze and find out defects in invoices received to achieve optimal payment accuracy
- Repairing the invoices by liaising with stakeholders to avoid wrong payments and expediate invoices
- SME for all processes in accounts payable domain and train & provide required guidance for all new employees in the team
- Track and maintain bank & GL reconciliation
SENIOR ACCOUNTANT
Horizon, Inspira International Pvt. Ltd
10.2008 - 11.2015
- Managing the team of 4 to get the training and placement from colleges
- Managing accounts Receivables and payable
- Analysing the business viability
- Training and motivating the team
- Meeting the corporate and HR for placement
- Organising campus placement and job fairs
- Maintaining Accounts
- ACHIEVEMENTS AS A
Education
MBA - Finance
Madurai Kamaraj University
2008
BCOM - Computer Applications
Sri Kaliswari College
2006
Skills
- Procurement Management
- Bank Reconciliation
- GL Reconciliation
- Vendor Management
- Query Management
- Cost Management
- Team Leadership
- Service Delivery
- Training AP Staff
- Transition Management
- Forecasting & Budgeting
- Account payable Management
- CERTIFICATIONS
- PWC (Problem solving)
- OPERATING SYSTEMS:
- Windows 7,8,10
- TOOLS & UTILITIES: Microsoft Excel,Word,Powerpoint,Outlook,Teams, Oracle
- Peoplesoft,ServiceNow,Sharepoint
Timeline
COST MANAGER
Standard Chartered Global Business Services
08.2019 - Current
ACCOUNTS PAYABLE SPECIALIST
Standard Chartered Global Business Services
11.2015 - 08.2019
SENIOR ACCOUNTANT
Horizon, Inspira International Pvt. Ltd
10.2008 - 11.2015
MBA - Finance
Madurai Kamaraj University
BCOM - Computer Applications
Sri Kaliswari College