P2P Senior Associate

4 - 6 years

0 Lacs

Posted:2 weeks ago| Platform: Foundit logo

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Skills Required

Work Mode

On-site

Job Type

Full Time

Job Description

Job Title: Senior Associate Purchase Order (PO) Processing

Department:

Finance Procure-to-Pay (P2P)

Location:

Chennai

Experience:

35 years

Qualification:

B.Com / M.Com / MBA (Finance) or equivalent

Reports to:

Team Lead / Assistant Manager P2P

Job Summary

We are seeking an experienced and detail-oriented Senior Associate to join our team in the Finance P2P function. The role involves end-to-end PO management, ensuring accuracy, compliance, and timely execution in line with business and procurement requirements. The ideal candidate will have strong ERP skills, deep understanding of procurement processes, and the ability to mentor junior team members.

Key Responsibilities

  • End-to-End PO Management: Create, review, amend, and close POs in the ERP system (SAP/Oracle/etc.) within agreed SLAs.
  • SLA & Accuracy Compliance: Ensure POs are processed with high accuracy and adherence to company policies and timelines.
  • Stakeholder Collaboration: Liaise with procurement, requesters, and vendors to resolve PO-related queries.
  • Process Improvement: Identify and suggest enhancements to improve PO cycle time, accuracy, and compliance.
  • Urgent & Critical Orders: Prioritize and process urgent POs to avoid business disruptions.
  • Audit Readiness: Maintain accurate records to ensure full compliance with internal and external audits.
  • Mentoring & Training: Guide and support junior associates in PO processing best practices.
  • Data Analysis & Reporting: Prepare and share KPI reports related to PO creation, SLA compliance, and backlog status.
  • Policy Compliance: Ensure all POs follow approved vendor lists, contractual agreements, and procurement guidelines.

Skills & Competencies

  • Technical Skills: Proficiency in SAP.
  • Strong knowledge of P2P processes, especially PO creation, amendments, and compliance requirements.
  • Advanced MS Excel skills for reporting and data analysis.
  • Soft Skills: Excellent communication, problem-solving, and stakeholder management abilities.
  • High attention to detail and accuracy.
  • Ability to work under pressure and handle urgent requests effectively.

Experience Required

  • 45 years of experience in PO processing, procurement operations, or P2P in a corporate environment.
  • Experience in high-volume transaction processing and SLA-driven environments.
  • Exposure to multinational company processes preferred.

Disclaimer:

The job title mentioned in this description is generic and intended for broad categorization purposes. The final designation will be determined based on the candidate's performance during the interview process, relevant experience, and alignment with the organizational hierarchy.

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