Posted by
Posted in
Banking & Finance
Job Code
1680267

Role Overview:
As the Senior Director - Finance P2P, you will be at the helm of our Procure-to-Pay (P2P) operations, driving efficiency, compliance, and innovation across the entire lifecycle, from requisition to payment. You will collaborate closely with cross-functional teams, including Procurement, Accounts Payable, IT, and various business units, to optimize processes, implement best practices, and ensure seamless execution. This role directly impacts our financial health by minimizing costs, improving vendor relationships, and strengthening internal controls, ultimately contributing to enhanced profitability and operational excellence.
Key Responsibilities:
- Lead the development and execution of the P2P strategy, aligning it with overall business objectives and driving continuous improvement initiatives.
- Oversee the entire P2P process, ensuring adherence to policies, procedures, and regulatory requirements, minimizing risk and maximizing efficiency.
- Manage and mentor a high-performing team of P2P professionals, fostering a culture of collaboration, accountability, and continuous learning.
- Develop and maintain strong relationships with key vendors, negotiating favorable terms and ensuring timely and accurate payments.
- Partner with IT to identify and implement technology solutions that automate and streamline P2P processes, improving efficiency and reducing manual effort.
- Monitor key performance indicators (KPIs) and provide regular reporting to senior management, identifying areas for improvement and driving data-driven decision-making.
- Collaborate with Financial Planning & Analysis (FP&A) to provide accurate forecasting and budgeting for P2P-related expenses, ensuring financial transparency and control.
Required Skillset:
- Demonstrated expertise in Procure-to-Pay processes, including requisition, purchase order management, invoice processing, and payment disbursement.
- Proven ability to develop and implement financial strategies that align with business objectives and drive measurable results.
- Exceptional leadership and team management skills, with a track record of building and motivating high-performing teams.
- Strong analytical and problem-solving skills, with the ability to identify and resolve complex issues.
- Excellent communication and interpersonal skills, with the ability to effectively communicate with stakeholders at all levels of the organization.
- Deep understanding of financial accounting principles and practices.
- Bachelor's degree in Finance, Accounting, or a related field; MBA or advanced degree preferred.
- 12-18 years of progressive experience in Finance and Accounts, with a focus on Procure-to-Pay and Financial Planning.
- Adaptable to a hybrid work environment based in Hyderabad.
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Posted by
Posted in
Banking & Finance
Job Code
1680267