Jaykumar Naidu

Experience

1. Associate Procurement Support

   BNP Paribas CIB

   Jan 2024 — Present · 400070, IN

   Job Roles:• PR to PO processing - Effective PR to PO processing ensures that purchase requests are validated, converted into purchase orders, and communicated to suppliers, minimizing delays and optimizing procurement workflows.• Invoice processing - Managed end-to-end invoice processing, including invoice verification, data entry, and approval workflows, ensuring accuracy and timely payments to vendors while maintaining compliance with company policies. Implemented process improvements in invoice handling, reducing processing time by 15% and minimizing errors through automation, while upholding financial control and auditing standards.• Invoice reconciliation - Conducted comprehensive invoice reconciliation by matching invoices to purchase orders and receipts, ensuring accurate financial records and identifying discrepancies for timely resolution with vendors and internal teams. Streamlined the invoice reconciliation process by implementing best practices for tracking discrepancies, enhancing accuracy in financial reporting, and improving the efficiency of the accounts payable cycle• Contract management - Led the end-to-end contract management process, including drafting, reviewing, negotiating, and executing contracts, ensuring compliance with legal and company standards while mitigating risks. Coordinated with legal, finance, and procurement teams to review and finalize contracts, ensuring clarity of terms, compliance with regulations, and adherence to deadlines to avoid disruptions.• Supplier management - Collaborated with procurement and logistics teams to identify and onboard new suppliers, negotiating contracts and ensuring suppliers met all service-level agreements (SLAs) to optimize operational efficiency.Acted as the primary point of contact for suppliers, resolving disputes, addressing concerns, and fostering open communication to ensure smooth operations and long-term partnerships.