Karthick Rajkumar

Talented Accounts Payable Manager with 15 years of experience and success in leading 20 direct reports. Consistently enhances operations and streamlines timelines while upholding all quality standards and regulatory mandates. Excellent record of reducing operational costs through shrewd negotiations, vendor selection and contract overhaul.

Accounts Payable Team Manager - Maersk Global Services centre - Europe (SWE Area)

(2010-08)

• Leading End to End Finance AP Team with the span of 20 members as a part of SWE Area in Europe.
• Developed reports for senior management to outline expenditures, vendor spend and forecasting.
• Built strong relationships with vendors to enhance cost offerings and accomplish favoured customer status.
• Partnered with finance team to complete month-end accruals and account reconciliations.
• Aligned workload and reduced head count without service interruption.
• Monitor the Supplier debit balance towards the timely closure to create the positive impact on the balance sheet exposure.
• Open GRIR analysis support being provided to the team to avert the excess cost creation.
• Closely monitored accounts to post timely payments and resolve billing discrepancies.
• Coordinated accounts payable functions and improved workflow for 20 staff members.
• Created financial dashboards/KPI to provide insights into key performance indicators.
• Driving process improvements & standardization across all the finance functions.
• Involved in various projects in RTP Standardization, Process automations and ICP Queries.
• Reporting and Analytical knowledge of all the Business and Operational KPIs - PO creation timeliness, FTHR Analysis, Open GRIR, Debit balance controls, Invoice receipt timeliness and Supplier Payment timeliness Reports.
• Handling team Vendor invoices Processing (PO-Goods Receipt-Invoice matching) in SAP.

MBA - Finance and Accounting - Maharaja Engineering Collage

Bachelor of Arts - Finance and Accounting - KSR college of Arts and Science