Manager - P2P

What you'll do:

As a Manager PTP, your role will be pivotal in leading the Procure to Pay process. You will be responsible for overseeing procurement operations, managing accounts payable processes, nurturing vendor relationships, and driving continuous process improvement initiatives. Your ability to ensure efficiency, accuracy, and compliance with company policies will be crucial in this role. You will also play a key role in risk management associated with the PTP process.

KEY RESPONSIBILITIES

• Procurement process Management

  : Manage the entire lifecycle of Procurement and oversee the procurement process from requisition to payment, ensuring timely and accurate processing of purchase orders and invoices. Collaborate with the procurement team to optimize sourcing strategies and vendor selection processes

• Period Closure Activities:

  Lead month-end and period closure activities, ensuring completeness and accuracy of financial transactions. Oversee provisioning, accruals, inventory valuation reconciliations, and related entries in strict compliance with the applicable financial reporting standards. Uphold integrity and hygiene of books through rigorous reviews and documentation.

• Vendor Management

  : Oversee end-to-end customer account lifecycle, including KYC documentation, new vendor onboarding, and monitoring of payments. Drive timely and accurate vendor payments and prompt clearing of outstanding balances. Maintain disciplined follow-ups and enforce financial hygiene through timely knocking off of payable.

• Vendor Reconciliations

  : Own the reconciliation process for customer accounts, ensuring alignment between billing systems, payments received, and outstanding payables. Facilitate timely resolution of discrepancies and customer queries through strong collaboration with Business Finance and Sales teams, thereby enhancing customer satisfaction and internal controls.

• Compliance and Audits

  : Ensure adherence to all applicable accounting standards, statutory regulations, and internal policies governing the P2P cycle. Own the audit process by coordinating with internal and external auditors, responding to queries proactively, and ensuring smooth and timely closure of audits.

• Process Improvement:

  Continuously evaluate P2P processes to identify and implement improvements, with a focus on automation, standardization, and efficiency. Partner with Business Finance to integrate best practices, stay ahead of regulatory changes, and adapt emerging trends that enhance operational excellence.

• Relationship Management

  : Establish and nurture effective partnerships with internal stakeholdersBusiness Finance, Procurement, and accounting teams—to ensure smooth issue resolution and enhanced service delivery. Drive a collaborative, SLA-driven performance culture that aligns P2P operations with strategic business goals.

• Team Leadership and Capability Building

  : Lead, mentor, and develop a high-performing Accounts Payable team. Promote a culture of accountability, continuous learning, and professional excellence. Provide coaching and development opportunities to elevate team capabilities and performance standards.

PROFILE DETAILS

QUALIFICATION

• CA with 8-10 years of post-qualification experience in FMCG, manufacturing, or similar industries.
• Strong expertise in Procure to Pay (P2P) processes, financial transactions, Ind AS/IFRS reporting, and month-end closing.
• Proven experience in cross-functional collaboration with Procurement, Business Finance, IT, and Operations to achieve business KPIs.
• Hands-on, proactive professional with a track record of driving change and implementing innovative processes in dynamic environments.
• Effective people leader with demonstrated ability to manage and develop high-performing teams.

FUNCTIONAL SKILLS(Both essential & desirable):

• Proficiency in using accounting software, ERP systems, and Microsoft Office applications. Experience with accounts payable modules and customer relationship management (CRM) systems is desirable.
• Strong negotiation and communication skills, both verbal and written.
• Outstanding business acumen along with understanding of domestic and export related P2P activities.

BEHAVIOURAL SKILLS(Both essential & desirable):

• Displays high drive for results
• Detail oriented and eager to learn
• Strong leadership skills, exceptional written and verbal communication skills, and analytical and customer-focused
• Ability to multi-task, work independently, and prioritize deliverables to meet tight deadlines
• Strong influencing skills and ability to work in a collaborative and team-centric culture