SAP
WASIM AKRAM LOHAR
Procure To Pay Operations Specialist
Mumbai
Summary
Procure to Pay Operations Specialist with 13+ years of experience in Finance & Accounting, including 10+ years in SSC/BPO environments, specializing in Procure-to-Pay (PTP) and Order-to-Cash (OTC) operations. Currently working with Accenture Solutions Pvt. Ltd., managing end-to-end PTP processes and leading teams across invoicing, payments, vendor master, helpdesk, reconciliations, and indirect procurement.
Proven expertise in process transitions, team management, client engagement, risk & compliance (SOX), automation, and business transformation. Successfully led multiple process improvement and automation initiatives using VBA, RPA, and Power BI, resulting in cycle-time reduction, error elimination, and cost optimization. Experienced in handling global stakeholders across North America, Europe, and India, managing escalations, and ensuring SLA adherence.
A results-driven professional known for mentoring teams of 20+ members, driving continuous improvement, and delivering value through innovation, process standardization, and data-driven decision-making.
Overview
15
15
years of professional experience
4
4
Languages
Work History
Procure to Pay Specialist (PTP/OTC Tower)
Accenture Solutions Pvt. Ltd.
01.2021 - Current
- Managing and mentoring Project in finance executives to deliver finance and accounting process.
- Skilled in managing end-to-end invoicing processes, payment processing as per company policy.
- Ensure timely and accurate processing of invoices, resolving discrepancies and exceptions promptly.
- Collaborate with internal stakeholders, customers, and vendors to address invoicing queries and discrepancies effectively.
- Prepare routine reports from statistical and financial information to ensure management receives appropriate information in an accurate and timely manner.
- Experienced in indirect procurement activities, including vendor selection, Purchase Requisition processing, Order Management and resolving other buyer related queries.
- Handling escalation emails from clients and providing faster resolution to the issues highlighted.
- Provide quality, cost-effective service while looking at ways to contribute to process improvement.
- Co-ordinate training and team development activities to ensure knowledge and bonding enhancement in the team.
- Proven record in streamlining workflows through VBA and RPA reducing errors and improving cycle time.
- Collaborating with the team to ensure they adhere to SLA and metrics.
- Carried out monthly Business Transformation Focal review.
- Ensured SOX compliance through audit testing and control reviews for PTP and OTC operations.
Senior Analyst (Middle Office management)
Accenture
01.2014 - 01.2021
- Managed Asia and U.S. trade confirmations, including counterparty, broker, and electronic confirmations across commodities such as NGL, Natural Gas, Power, Metals, Coal Freight, and FX.
- Coordinated with traders and onshore teams to resolve price, volume, and contractual discrepancies, highlighting trade deviations and supporting trade revisions.
- Handled vendor and employee master creation and changes in SAP and CXL, ensuring data accuracy and compliance with internal controls.
- Ensured audit readiness and regulatory compliance by maintaining complete trade documentation and confirmation records.
- Executed cost settlement and secondary invoice processing, resolving missing accruals, aged estimates, and settlement discrepancies.
- Partnered with Trading, Scheduling, Treasury, and Data teams for invoice validation, fund receipts, cash application, and intercompany settlements.
- Performed vendor and customer SOA reconciliations, managed disputes, and ensured timely and accurate payments.
- Prepared AP/AR reconciliations, volume statistics, confirmation status reports, management MIS, and ad-hoc discrepancy analysis, while contributing to process documentation, system setup, team training, and workflow optimization.
Reviewer
Accenture
01.2011 - 01.2014
- Reviewed and analyzed billing reports to identify discrepancies, errors, and variances in CAM, insurance, and real estate tax billings.
- Performed year-over-year comparisons of reports and invoices to validate billing patterns and justify fluctuations.
- Ensured accurate billing setup and updates in JD Edwards, including EP configuration changes.
- Coordinated with analysts and FLRs to ensure adherence to production schedules and timely deal closure.
- Provided guidance, clarifications, and support in raising internal and external issues.
- Supported internal audits by ensuring compliance, documentation accuracy, and control adherence.
Education
Bachelor's degree - Commerce
Shri Chinai College (Mumbai University)
India04-2009
Finance And Accounting
ICAI - IPCC Group 1
Mumbai05-2011
Skills
Business process improvement
Process optimization
Project coordination
Development of process guidelines
Resource allocation and scheduling
Business forecasting
Expense optimization
Adaptability in dynamic environments
Analytical problem-solving
Effective team collaboration
Accomplishments
- Received multiple client appreciations from onshore stakeholders for consistent delivery excellence and high-quality outcomes.
- Awarded Star of the Month, Core Value Champion, and Innovation Awards multiple times throughout tenure (2011–Present) in recognition of performance and contribution.
- Led and implemented 24 client-approved process improvement initiatives through Accenture’s We@Innovate program, delivering measurable improvements in quality, cycle time reduction, and error prevention.
- Served as an active Community of Practice (CoP) member (2014–2021) across F&A deals, contributing to knowledge sharing, standardization, and best-practice adoption.
Software
Oracle
Power BI
MS Office
VBA Macro
Hobbies
Travelling with Friends
Timeline
Procure to Pay Specialist (PTP/OTC Tower)
Accenture Solutions Pvt. Ltd.
01.2021 - Current
Senior Analyst (Middle Office management)
Accenture
01.2014 - 01.2021
Reviewer
Accenture
01.2011 - 01.2014
Bachelor's degree - Commerce
Shri Chinai College (Mumbai University)
Finance And Accounting
ICAI - IPCC Group 1