VENKATRAMS RAVINDRAN

• Procurement Controlling Activities: Comprehensive procurement controlling functions to enhance operational and financial efficiency.
• Weighted Average Payment Term (WAPTA): Initiatives to optimize or improve the Weighted Average Payment Term (WAPTA) for suppliers.
• Financial Risk Analysis: Owned the financial risk analysis process, reporting SFRA risk% to assess supplier financial acumen based on diverse financial metrics.
• Inflation Pressure Management: Directed projects addressing inflation topics, managing commodity price fluctuations, and cost implications.
• Savings Verification: Validated accurate cost savings across procurement. Reviewed savings projects and transitioning from planning to approval stages.

Tools: Sievo, Business Effecte, SAP, Power BI, Visio

• Procurement activities: Handled various procurement-controlling activities. Conducted end-to-end spend analytics, from extraction to report creation.
• Savings Verification: Calculated procurement savings based on previous years' weighted averages & Budget figs helping Category managers,
• Deviation analysis: Performed deviation analysis for actual vs. Reference spending and collaborating with CM stakeholders.
• Tooling & AUC Settlement of Assets: Perform asset under construction (AUC) for the fixed asset team calculating depreciation and show the final asset value.

• Preparing sales reports through the SAP and Helios tools for different kernels.
• Preparation of the MBRM report (Management Business Review Meeting) for the business meetings monthly. Handling MEC reports after GL close.
• Preparation of draft and final P&L, and balance sheets for each organizational unit.