Associate General Manager - Finance/Procure To Pay

Position: AGM Finance, Procure to Pay.

Company: Listed manufacturing company.

Location: Gurugram, Haryana.

Responsibilities:

- In depth knowledge of end-to-end Procure to Pay process, including procurement, Invoice processing and payment functions.

Vendor Reconciliation:

- Supervise the vendor reconciliation process to ensure accurate and timely reconciliation with vendor statements, identifying discrepancies and taking corrective actions as necessary.

- Lead the resolution of vendor account issues by coordinating communication between internal teams and vendors.

- Develop and implement best practices for vendor reconciliation to ensure accuracy, transparency, and timeliness.

- Maintain accurate and up-to-date records for audit purposes, ensuring all transactions and reconciliations are documented and compliant with company policy.

Vendor Helpdesk:

- Addressing queries by all stakeholders (both internal and external) and resolution there of as per defined TAT.

- Develop and implement the best practices for vendor helpdesk process reconciliation to ensure correct and faster closure of queries.

Overall:

- Prepare regular reconciliation or helpdesk reports, highlighting discrepancies, outstanding issues, and resolution timelines, and presenting these reports to senior management.

- Manage and optimize the P2P process, identifying and implementing process improvements to increase efficiency, reduce costs, and internal controls.

- Establish clear objectives, monitor team performance, and provide regular feedback and support to ensure continuous improvement.

Collaboration with Internal Teams:

- Work closely with various departments such as procurement, accounts payable, finance, and legal to ensure seamless communication and alignment across all P2P and vendor reconciliation processes.

- Act as a point of contact for internal stakeholders to address any issues related to procurement, payments, or vendor disputes.

- Manage and mentor a team of vendor reconciliation and helpdesk verticals.

Process Optimization & Controls:

- Identify opportunities to streamline P2P and vendor reconciliation processes through automation and process redesign.

- Ensure robust internal controls are in place to mitigate the risk of errors, fraud, and compliance issues.

Qualifications/ Skills:

- MBA, CMA or CA qualification.

- Minimum 10 years experience in P2P functions, primarily vendor reconciliations.

- Experience in domestic manufacturing industries.