Director, Source to PayAt BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.We’re seeking a future team member for the role of Group Manager to join our Enterprise Sourcing Office Accounts Payable team. This role is in Pune and Chennai, IndiaIn this role, you’ll make an impact in the following ways:
- You will lead the transformation of the Accounts Payable (AP) function from routine daily processing to a data-driven, quality-focused operation that supports strategic business goals globally.
- Lead AP Transformation: Shift from daily workload processing to enhanced data insights and quality-driven invoice and purchase order processing.
- Implement Operational Metrics: Develop and track performance and quality metrics to elevate the AP team’s contribution to the organization’s vision.
- Data Quality Management: Embed data quality as a core driver in invoice processing and purchase order accuracy.
- Support Strategic Goals: Drive initiatives such as No PO No Pay and Straight Through Processing on a global scale.
- Collaborate with Sourcing: Support sourcing category managers with strategic initiatives and optimize payment methods.
- Payment Terms Optimization: Work with sourcing and contracting teams to ensure payment terms are optimized, targeting no less than 30 days.
- Lead Payment Programs: Own and influence payment programs like Dynamic Discounting, Pcard, and PaymodeX.
- Operational Excellence: Lead the operations team to consistently exceed industry standards for on-time payments.
Additional Requirements
- Ability to manage senior stakeholders effectively.
- Flexibility to work across all shift hours.
- Strong data and analytical skills.
- Excellent communication skills.
- Highly self-motivated and proactive.
- Ability to perform well under pressure.
- Strong change management and organizational skills.
To be successful in this role, we’re seeking the following:
- Bachelor’s or Master’s degree in Commerce, MBA in Operations, or equivalent.
- Supply Chain Management certification is a plus.
- 15+ years of relevant work experience is preferred.
- In-depth knowledge of ERP systems such as Ivalua, Oracle, PeopleSoft, especially AP modules and end-to-end Source to Pay processes.
- Experience in process transformation initiatives.
- Prior experience in supply chain processes, software development, and agile delivery.
- Mandatory experience in change management within operations.
- Proficiency in Microsoft Office (Word, PowerPoint, Excel).
- Strong understanding of systems architecture and data warehouse concepts.
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
Our Benefits And Rewards
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
