Umakanth Nallam
P2P Team lead with 11 years of experience
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About
I have an experience into P2P knowledge, T&E, Sourcing & Budgeting. I am quick learn with understanding the Team and company norms
Experience
Preparing and auditing Direct and Indirect expenses for Global regions as per the TAT & Policy
● Preparing Direct cost timesheet for Vendor and Client
● Preparing Audit snapshot on a monthly basis to client
● Estimating costs and comparing budgets with actuals for vendor and client and advising on the possible cost saving areas.
● Forecast and analyze costs of projects
● Analyzing Client Vs vendor billing on the Overhead Non-Billable ratios and advising on the cost savings basis the historical trends
● Reconciliation of paid, unpaid invoices basis vendor and customer statements, and work with the AP team to process on the timely payments
● Monitoring Purchase Orders, SOW contracts( initiating and drafting new amendment by updating the MTC/CP calculations and getting the required approvals)
● Preparing monthly accruals
● Performing revenue recognition activities and ad hoc related queries.
● Preparing daily, weekly and monthly reports on the indirect & T & E spends.
● Preparing the performance trends of the vendors and reporting spends and SLAs.
● Creating the policy document to be followed by vendors basis the exception
Education
MBA Finance & Marking in JNTU kakinada
B.com( Taxation) in Acharya Nagarjuna University
