Arumugam V.

Arumugam V. Email and Phone Number

Global Procurement (Banking /Insurance and Reinsurance Industry’s @ Bank of America
charlotte, north carolina, united states
Arumugam V.'s Location
New Delhi, Delhi, India, India
About Arumugam V.

10years 3mos experience have working in procurement on a global scale, including managing supply chains across different countries or regions.Vendor Management: Effectively negotiate with and manage suppliers from around the world, ensuring optimal pricing, quality, and delivery.Cost Reduction: Detail specific instances where you successfully reduced procurement costs through strategic sourcing, supplier consolidation, or process optimization.Risk Management: Expertise in identifying and mitigating risks in the supply chain, such as geopolitical instability, currency fluctuations, or supplier disruptions.Contract Management: Proficiency in drafting, reviewing, and negotiating contracts with international suppliers, ensuring compliance with legal and regulatory requirements.Cross-functional Collaboration: Collaborating with other departments, such as finance, logistics, and operations, to align procurement strategies with overall business objectives.Technology Proficiency: Proficiency with procurement software or systems used to streamline processes, track supplier performance, and analyze data for strategic decision-making.Project Management: Manage complex procurement projects, from initial planning and sourcing to final implementation and evaluation.Continuous Improvement: Commitment to continuous improvement by implementing best practices, conducting supplier evaluations, and seeking feedback to optimize procurement processes.Certifications: Ms Office and TallyGood relationship with on shore client as well as management & negotiation skills in liaising with Banks, other financial institutions and various regulatory authorities.Experience in Global procurement & Finance Administration, Reconciliations/Dashboard Presentation , Balance Sheet and QC Reviewing Training/Development to Well versed with Ariba, GEP SMART, Ms Excel,Power point SAP, Power Bi,Genius,Oracle, Black line, People soft, Opera, Tally ERP 9,Bloomberg Aladdin,Murex &Finance.

Arumugam V.'s Current Company Details
Bank of America

Bank Of America

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Global Procurement (Banking /Insurance and Reinsurance Industry’s
charlotte, north carolina, united states
Employees:
250057
Arumugam V. Work Experience Details
  • Bank Of America
    Senior Team Developer
    Bank Of America Oct 2022 - Present
    Gurugram, Haryana, India
    Global Procurement - Capital Expenditure-Purchase Order requisition and Invoice Management, Procure to Pay, Non Catalog - Catalog,
  • Genpact India Private Limited Delhi
    Senior Procurement Specialist
    Genpact India Private Limited Delhi Jan 2019 - Oct 2022
    New Delhi Area, India
    Genpact India Private Limited ,Delhi,IndiaGlobal Procurement - Capital Expenditure-Purchase Order requisition and Invoice Management, Procure to Pay, Non Catalog - Catalog,
  • Aloft Hotels
    Assistant Account Receivable
    Aloft Hotels Feb 2018 - Dec 2018
    New Delhi Area, India
    Accounts Assistant Receivable 2018-Jan 2019ALOFT HOTELS (MARRIOT) New Delhi,India. Making Daily Business Report (DBR).Revenue, Tax, Credits Card, Cash & City Ledger reconciliation on daily basis.Tally all PMS/POS Credit Card transactions with Credit Card batch close received and clear interface transactions in Oracle R12.Account all Cash, Credit Card, Cheque, RTGS, Fund Transfer receipts on daily basis. Preparing Performa Invoice as per signed contract and fill up Vendor Creation Form and send to Company.Check and verified PMS City Ledger bills received from Front Office and ensure each transactions bill is attached with the group Pay Master final bill and rates are charged as per contract and all rooms folio are signed by the Guest and POS bills are signed by the company authorized signing authority.Preparing company billing details with outlets wise revenue and taxes breakup and send to Debtors as per their requirement.Check and verified all POS City Ledger bills ensure BTC Letter is attached with the bill. Dispatch all PMS and POS City Ledger bills to company within 48 Hours and send Courier POD details to Company.Send all High Value Bills scan copy/ Billing details to company before hard copies couriered and receive company confirmation on each transactions to avoid any further discrepancy in billing and delay in payment.Sending Outstanding details to Debtors and Follow up for Payment.Prepare Debtor Ageing report.Check Rate Variance Report (RVR) and ensure correct rates are attached and all billing instruction/inclusion/room rate are updated in comments in all rooms and no correction is made in rates after booking process rate.Investigate all new and extended Pay Master rooms and ensure PMs are not used to park unrelated charges. Checking of Front office Allowances and its base documents, reasons and same are authorized by FOM/GM.
  • Muthoot Fincorp Ltd.
    Customer Service Executive
    Muthoot Fincorp Ltd. Oct 2014 - Dec 2015
    Nagercoil Area, India
    Executive & Regional Coordinator 2014 - 2015Muthoot Fincorp LTD Nagercoil, IndiaDuties & Responsibilities:Provided human resources services and support managers and division heads, assisting them to achieve divisional goals and objectives through strategic people management Administered payroll for 1,510 employees, including Benefits Package and ESI & PF Plans Established an open channel of communication enabling employees quick and easy access to information such as benefits, training and development and opportunities for a career advancementAssessed current and future skills requirements and developed and implemented a competency based performance management system linking pay to KPI metrics
  • Indian Institute Of Banking
    Account Executive
    Indian Institute Of Banking Jun 2012 - Sep 2014
    Nagercoil Area, India
    Accounts Executive 2012 - 2014Indian Institute of Banking Nagercoil, IndiaDuties & Responsibilities:• Craft new sales proposals and contract renewals• Schedule product demos• Contact customers via email or phone to answer queries or retrieve information about their account• Update internal databases (CRM) with account details• Perform back-office sales tasks to support Account Executives as needed• Maintain digital and physical records of invoices and contracts

Arumugam V. Education Details

Frequently Asked Questions about Arumugam V.

What company does Arumugam V. work for?

Arumugam V. works for Bank Of America

What is Arumugam V.'s role at the current company?

Arumugam V.'s current role is Global Procurement (Banking /Insurance and Reinsurance Industry’s.

What schools did Arumugam V. attend?

Arumugam V. attended Manonmaniam Sundaranar University.

Who are Arumugam V.'s colleagues?

Arumugam V.'s colleagues are Youda Crain, Andrea Rothluebber, Jordan O'brien, Venessa Alford, Wendy Douglas Cams, Ms, Phd., Fraser Allan, Amruta Patil.

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