Manager - Accounts Payable

Role Summary:

As the Manager - Accounts Payable /Procure to Pay (P2P), you will be responsible for overseeing and optimizing the end-to-end P2P process across all regions and business units of the organization. Your role will involve designing and implementing standardized P2P procedures, driving process improvements, and ensuring compliance with global procurement policies and regulations. You will collaborate closely with cross-functional teams to streamline operations, enhance efficiency, and maximize cost savings.

Key Responsibilities:

Strategic Leadership:

• Develop and implement the global P2P strategy in alignment with the organization's overall objectives and priorities.
• Define goals, metrics, and key performance indicators (KPIs) to measure the effectiveness and efficiency of the P2P process.
• Provide strategic guidance and direction to P2P teams to ensure consistency and alignment with global standards.

Process Optimization:

• Lead initiatives to standardize and optimize P2P processes, including requisitioning, purchasing, receiving, invoicing, and payment.
• Identify opportunities for automation, digitization, and integration of P2P systems and tools to streamline operations and reduce cycle times.
• Implement best practices and continuous improvement methodologies to enhance process efficiency and effectiveness.

Compliance and Risk Management:

• Ensure compliance with global procurement policies, procedures, and regulatory requirements.
• Implement controls and safeguards to mitigate procurement risks, including fraud, corruption, and compliance breaches.
• Conduct regular audits and assessments to monitor compliance and identify areas for improvement.

Stakeholder Collaboration:

• Collaborate with internal stakeholders, including HR, operations, and IT, to align P2P processes with organizational objectives and requirements.
• Provide training and support to stakeholders on P2P policies, procedures, and systems to ensure adherence and understanding.
• Foster a culture of collaboration, communication, and continuous improvement across the organization.

Reporting and Analysis:

• Develop and maintain P2P performance dashboards and reports to track key metrics, trends, and performance against targets.
• Analyze data and insights to identify opportunities for cost reduction, process optimization, and performance improvement.
• Present findings and recommendations to senior management to inform decision-making and drive strategic initiatives.

Qualifications:

• Graduate/ Post Graduate with relevant experience in degree in Finance, or related field.
• 12-15 years of experience in procurement, P2P, or supply chain management roles, with demonstrated expertise in process optimization and strategic leadership.
• In-depth knowledge of P2P processes, systems, and best practices, preferably in a global or multinational organization.
• Strong analytical, problem-solving, and decision-making skills, with the ability to synthesize complex information and drive actionable insights.
• Excellent communication, negotiation, and stakeholder management skills, with the ability to influence and collaborate effectively at all levels of the organization.
• Proven leadership experience, with the ability to motivate and inspire cross-functional teams to achieve common goals.
• Proficiency in P2P systems and tools, such as SAP Ariba, Coupa, Oracle Procurement Cloud, or similar platforms.
• Prior experience in MS D365 is a plus

Additional Information: