Vikram Olympic
Operations Manager Accounts Payable
Coimbatore,TN
Summary
Results-driven P2P Operations Manager with over 17 years of experience in end-to-end procure-to-pay processes, digital transformation, and automation. Proven track record in leading high-performing teams, implementing cost-saving initiatives, and optimizing Accounts Payable operations across global environments using SAP, Oracle, and PeopleSoft. Skilled in driving strategic improvements, enhancing compliance, and delivering measurable business outcomes in fast-paced, cross-functional settings.
Overview
19
19
years of professional experience
1
1
Certification
3
3
Languages
Work History
Assistant Manager AP Operations
Iff- Danisco Company
08.2024 - Current
- Proven success in streamlining processes, cutting costs, and enhancing internal controls. Proficient in Oracle, SAP, CFIN, and Excel, with a strong track record of improving payment accuracy and efficiency through effective policy implementation.
- Responsibilities Handled.
- Spearheaded AP-related projects focused on cost reduction, workflow optimization, and automation, leading to measurable efficiency gains, and reduced processing time.
- Oversaw monthly AP reconciliations using BlackLine, ensuring timely and accurate financial reporting, in compliance with internal controls.
- Acted as a key point of contact for issue resolution across staff, management, and external vendors, improving stakeholder satisfaction and operational continuity.
- Collaborated closely with the Purchasing team to manage the month-end close process, including AP accruals, and coordination with the Accounting department.
- Championed process improvement initiatives and led transition projects, streamlining AP operations, and enhancing scalability.
- Reduced invoice processing cost from $5 to $2 per invoice by implementing ServiceNow automation, resulting in significant operational savings, and improved process efficiency.
- Standardized and harmonized invoice processing cycle times, enabling faster turnaround, and ensuring invoices are paid within agreed timelines.
- Automated global utility vendor payment processes, ensuring on-time payments, preventing service interruptions, and supporting seamless business continuity.
- Led stakeholder performance review cycles, analyzing operational KPIs, and collaborating with cross-functional teams to drive continuous improvement across invoice processing, payment accuracy, and service delivery.
Assistant Manager
Avantor
11.2022 - 08.2024
- Seasoned Assistant Manager overseeing a team of 50+ associates and leaders in Accounts Payable, with a focus on driving growth through close monitoring of AP operations. Proficient in SAP ERP (MM/FI, EDI, and Ariba modules), with hands-on experience optimizing payment processes and vendor management.
- Responsibilities Handled
- Partnered with EY on working capital and cash flow initiatives, delivering $80M in benefits by streamlining payment methods and converting vendors to VCC payments.
- Led the implementation of the A/P PO module for Indirect Spend, including PO matching and pre-approval workflows.
- Conducted SOX control testing to mitigate risks and develop remediation plans.
- Achieved early payment discount goals through strategic vendor engagement.
- Developed and managed cash flow reports, comparing forecast vs. actuals on a monthly and quarterly basis.
- Maintained control over AP Trade and GR/IR aged balances.
- Reviewed and adjusted monthly accruals and OPA postings by WD+2.
- Monitored KPI, SLA, and TDM metrics to drive process performance improvements.
- Prepared ELT-level reports with performance commentary for monthly reviews.
- Ensured timely T&E and corporate card submissions to mitigate audit risks.
- Oversaw hiring, training, performance management, and team development.
- Enforced quality standards and implemented a transaction audit checklist.
Manager AP
Elgi Equipment's
06.2022 - 11.2022
- Conducted monthly intercompany reconciliation reviews with detailed commentary.
- Responsibilities Handled
- Published Capital and Opex advances dashboards for buyer teams to support financial planning.
- Reviewed and published daily ITBR dashboards using BI reporting tools.
- Performed monthly reconciliations of Trial Balance and AP GLs; posted reclass entries by WD3.
- Analyzed AP aging reports and implemented action plans to reduce outstanding debits and credits.
- Prepared monthly AP performance metrics for management review.
- Led and managed an 8-member AP team, including performance evaluations and development planning.
Assistant Manager Operations
Avantor (VWR)
12.2019 - 05.2022
- The Global Accounts Payable Manager leads a team of over 100 professionals, ensuring accurate, efficient, and timely AP processing. Collaborates closely with P2P Managers, leadership, and BPOs/SMEs to align with company objectives, and continuously improve AP operations and related internal processes.
- Responsibilities Handled
- Maintained efficient AP transaction processing, and led team training initiatives to ensure operational continuity.
- Collaborated cross-functionally to enhance process efficiency and eliminate redundancies.
- Ensured data integrity and confidentiality by strictly adhering to company policies.
- Successfully standardized and transitioned EU AP processes to GBS within a short timeframe.
- Conducted monthly team meetings to review performance, and drive continuous improvement.
- Improved invoice profitability by leveraging vendor relationships for favorable payment terms.
- Ensured compliance with SOX guidelines in payment workflows and risk assessments.
- Reviewed annual 1099 and checked escheatment reports for accuracy and compliance.
- Led Kaizen and process improvement initiatives to foster innovation and boost efficiency.
Associate Manager
State Street HCL Services
05.2015 - 12.2019
- As an Associate Manager, I lead a team of 32 members responsible for AP invoice processing and T&E operations across APAC and EMEA regions. Successfully transitioned T&E processes from Australia to India to reduce operational dependency. Skilled in setting KPI targets to drive team performance and well-versed in creating process documentation including SLAs, RACI matrices, change management plans, and process flow charts.
- Responsibilities Handled
- Set team objectives aligned with organizational goals; guided team members in understanding individual targets and development paths.
- Conducted quarterly performance reviews, providing constructive feedback to support continuous improvement.
- Played a key role in a remediation plan, successfully transitioning a critical process from red to green within six months.
- Acted as the primary liaison with tower managers for Incentives, OT, and advisory presentations; regularly updated senior leadership.
- Designed and maintained dashboards to track KPIs, error logs, and root cause analyses (RCA) for stakeholder reporting.
Senior Executive
Robert Bosch India
03.2010 - 02.2015
- Ensured timely delivery of all SLAs and KPIs, maintaining high service standards.
- Prepared and submitted weekly and monthly reports to clients and internal stakeholders.
- Conducted audits and quality checks, collaborating with clients for final reviews.
- Identified and implemented process efficiencies across AP and sub-functions to drive continuous improvement.
Senior Executive
TCS
10.2009 - 03.2010
- Met performance standards for customer service and invoice processing.
- Ensured compliance with accounting policies and internal controls throughout all processing activities.
Process Associate
Steria India Ltd
05.2007 - 08.2009
- Handled vendor queries and ensured timely resolution.
- Processed invoices on time with high accuracy, maintaining service quality standards.
Education
M.Com -
PSG College of Arts & Science
01-2007
B.COM - undefined
Govt Arts College
01-2005
Skills
End-to-end P2P process management
Vendor management & reconciliation
Digital transformation initiatives
Workflow optimization
RPA implementation support
Cost reduction strategies
Cross-functional team leadership
Stakeholder engagement
Certification
Lean 2.0
Disclaimer
I hereby declare that the above information is true and correct to the best of my knowledge and belief. Thank you. Regards, Vikram
Timeline
Assistant Manager AP Operations
Iff- Danisco Company
08.2024 - Current
Assistant Manager
Avantor
11.2022 - 08.2024
Manager AP
Elgi Equipment's
06.2022 - 11.2022
Assistant Manager Operations
Avantor (VWR)
12.2019 - 05.2022
Associate Manager
State Street HCL Services
05.2015 - 12.2019
Senior Executive
Robert Bosch India
03.2010 - 02.2015
Senior Executive
TCS
10.2009 - 03.2010
Process Associate
Steria India Ltd
05.2007 - 08.2009
B.COM - undefined
Govt Arts College
M.Com -
PSG College of Arts & Science