Vice President Shared Services

0 years

0 Lacs

Posted:1 week ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Head - Finance Shared Services - Construction/Engineering/FMCG


Strategy, Setup & Governance


- Lead the complete setup of a Financial Shared Services Center from scratch, including operating model, governance, SLAs, KPIs, and compliance framework.


- Drive end-to-end transition from current outsourced teams into the new FSS.


- Establish scalable, tech-enabled processes capable of supporting high-volume finance operations.


Finance Operations (Core Focus)


Oversee core finance processes:


- Accounts Receivable (AR) - high complexity, involving rotating and frequently changing discount schemes typical in FMCG.


- Accounts Payable (AP)


- FICO


- Costing


- Ensure operational excellence in payment timelines, reconciliations, controls, and accuracy.


- Experience handling large-scale invoice volumes (minimum 70,000-80,000 invoices per month).


- Lead AR & AP operations for Indian FMCG / multi-product businesses across B2B and B2C channels.


Process Re-engineering & Transformation


- Re-engineer end-to-end finance processes: payments, settlements, checks & controls and workflow efficiencies.


- Identify and eliminate process bottlenecks, including delays, approval issues, and communication gaps.


- Introduce best practices in shared services, automation, and process governance.


D. Technology, Automation & AI-led Productivity


- Work with IT to deploy AI/ML, advanced automation tools, OCR, workflow engines, and predictive analytics.


- Drive digital transformation to achieve 300-400 invoices processed per person per day, using AI and advanced technologies.


- Implement dashboards, workflow tools, and systems to support a 247 shared services environment.


- Stay updated with the latest in ERP (SAP/Oracle), RPA, analytics, and finance-tech solutions.


Stakeholder Management


- Engage senior stakeholders across group companies and business teams.


- Act as the primary SPOC for FSS performance, escalations, and continuous improvement.


- Manage cross-functional relationships with HR, IT, operations, and external partners.


People Leadership


- Lead and scale a large workforce (currently 250-300 outsourced employees).


- Build high-performing teams through capability development, hiring, and role clarity.


- Manage multi-shift, 247 operations with a strong performance culture.


Expansion & Revenue Enablement


- Support the roadmap to offer shared services externally as a revenue-generating line of business.


- Drive cost efficiency, productivity improvement, and scalable service offerings.

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