Venkata Ravikumar Turaka

About Venkata Ravikumar Turaka

Working in Carrier as a Procurement Analyst and havebroad knowledge on Contract Management, Purchasing, RFX, RFQ, Procurement to Pay,WebCycle, Material Management, Account Payable, Vendor Management, and Reportingalso expert at Experienced in managing end-to-end Procurement Card (P-Card) and Travel & Expense (T&E) card operations across global banking platforms including J.P. Morgan, BMO, and Citi. Skilled in handling card lifecycle management, transaction processing, reconciliation, expense reporting, and financial controls.Strong expertise in ensuring policy compliance, optimizing spend visibility, and driving process efficiency through ERP and expense management tools. Proven ability to manage high-volume transactions, perform audit validations, and deliver actionable insights through detailed reporting and analytics.

Experience

1. Procurement Analyst

   Carrier

   Aug 2023 — Present · Hyderabad, IN

   Managed end-to-end Procurement Card (P-Card) operations across global banking platforms (JPMorgan, BMO), ensuring seamless card lifecycle management (issuance, maintenance, closure)* Administered spend controls including credit limits, MCC restrictions, and approval hierarchies to ensure policy compliance and risk mitigation* Processed and reconciled high-volume P-Card transactions with accurate GL coding, cost center allocation, and timely month-end closures* Monitored bank feeds and resolved exceptions such as unreconciled transactions, missing receipts, and policy violations* Drove compliance by auditing transactions against corporate policies, reducing non-compliant spend and improving audit readiness* Generated and analyzed P-Card reports including spend analytics, supplier-wise spend, declined transactions, and aging reports to support decision-making* Coordinated with finance and banking partners for statement validation, dispute resolution, and timely corporate payments* Managed end-to-end Travel & Expense (T&E) card operations (Citi), including expense report processing, validation, and approval tracking* Audited employee expense reports for accuracy, duplicate checks, and policy adherence, ensuring compliance with corporate guidelines* Handled reimbursement and settlement processes (corporate pay/employee pay) with accurate financial postings in ERP systems* Delivered T&E analytics including travel spend reports, employee-wise expense tracking, and policy violation insights* Collaborated with cross-functional stakeholders (Procurement, Finance, Audit, IT) to streamline processes and improve operational efficiency* Supported system integrations with ERP/expense tools (SAP, Concur, Ariba) to enhance automation and data accuracy.

Education

• Aurora Degree College

  Bachelor's degree, Mathematics and Computer Science

  2012 — 2015