Sivaramakrishnan J
Accounts Payable Assistant Manager
Chennai
Summary
An experienced and detail-oriented accounts payable professional with over 12 years of experience in managing the accounts payable process, ensuring timely and accurate payments, resolving discrepancies, and improving efficiency. A proven leader who can motivate, train, and supervise a team of accounts payable staff, ensuring compliance with policies and procedures, and delivering high-quality service to internal and external customers.
Overview
13
13
years of professional experience
Work History
Assistant Manager
Genpact
05.2025 - Current
- Directly managing a team of 35 members, comprising analysts.
- Ensure accounts are also managed to established processes, compliance expectations, and standard operating procedures.
- Take a lead role in developing and implementing best practices.
- Increase the effectiveness of staff and tools by recognizing opportunities for development and proactively creating new systems and structures.
- Develop metrics to measure the growth and performance of the department.
- Interface with India and U.S.-based managers on production, quality, and security guidelines.
- Conduct performance reviews for assigned analysts.
- To analyze and interpret complex data, and create business MIs.
- Effectively communicate with internal and external stakeholders.
- Managing accounts to established processes and compliance expectations. Form, develop, and ensure processes are in compliance with standard operating procedures.
- Escalate issues of non-compliance, excessive risk, or items outside standard operating procedures to the manager for resolution.
- Assist with the development of tracking and monitoring reports, resolve customer issues and inquiries, and train staff on responsibilities, product enhancements, and new products.
- Preparing Standard Operating Procedure (SOP) documents, getting them reviewed, and approved by the client, revising them as per the changes in the process.
- Ensure all month-end closure activities are efficiently monitored and proactively addressed.
- Manage and deliver statutory and internal audits in a timely fashion. Should lead audits and manage the audit process effectively from end to end.
Team Leader
Maersk Line
05.2019 - 05.2025
- Supervised a team of 15 accounts payable staff, responsible for processing over 5,000 invoices per month from various vendors and suppliers
- Review and approve all invoices, payment requests, expense reports, and wire transfers, ensuring accuracy, completeness, and compliance with company policies and procedures
- Monitor and reconcile the accounts payable ledger, ensuring timely and accurate payments, resolving discrepancies, and maintaining vendor relationships
- Prepare and analyze monthly reports on accounts payable activities, such as aging, cash flow, accruals, variances, and exceptions
- Implement and improve the accounts payable processes and controls, such as invoice scanning, electronic payments, vendor portal, and automation
- Train, coach, and evaluate the performance of the accounts payable staff, providing feedback and guidance on best practices and quality standards
- Achievements:
- Reduced the invoice processing time by 30% by implementing a new invoice scanning system
- Increased the electronic payment rate by 50% by introducing a vendor portal and encouraging vendors to enroll
- Reduced the number of late payments by 40% by improving the communication and collaboration with vendors and internal departments
- Received the Employee of the Year award in 2022 for outstanding performance and leadership
Accounts Payable Executive
Wipro
08.2013 - 05.2019
- Processed over 2,000 invoices per month from various vendors and suppliers, ensuring accuracy, completeness, and compliance with company policies and procedures
- Verified and matched invoices with purchase orders and receipts, resolving any discrepancies or issues
- Prepared and executed weekly payment runs, using various methods such as wire transfers, ACH, or credit cards
- Reconciled the accounts payable ledger with the general ledger, ensuring accuracy and completeness of data
- Maintained vendor files and records, updating contact information, payment terms, tax information, etc.
- Responded to vendor inquiries and requests in a timely and professional manner
- Achievements
- Achieved a 99% accuracy rate in invoice processing by following a strict quality control process
- Saved over $10,000 per year by negotiating discounts and favorable payment terms with vendors
- Improved the vendor satisfaction rate by 20% by providing prompt and courteous service
Education
Bachelor of Commerce -
D.G Vaishnav College of Arts And Science
Chennai04.2013
Skills
- Six Sigma certification - Black Belt
- Effective leadership
- SAP proficiency
- Expertise in advanced Excel functions
Websites
Timeline
Assistant Manager
Genpact
05.2025 - Current
Team Leader
Maersk Line
05.2019 - 05.2025
Accounts Payable Executive
Wipro
08.2013 - 05.2019
Bachelor of Commerce -
D.G Vaishnav College of Arts And Science