Hindustan Coca Cola Beverages

1 month ago

Bangalore, India iimjobs Full time

Job Description:

Objective: Prepare SOP, Policies (jointly with other teams), systems & their effectiveness, Managing KPIs & SLAs

Title: National Manager-PTP

Function: Financial Shared Services

Work Location: Bangalore

Position Overview:

The PTP Lead (Procure-to-Pay Lead) responsible for overseeing and managing the end-to-end procure-to-pay process. The PTP Lead ensures efficient and effective accounts payable operations, leading a team responsible for various activities, from requisitioning to payment, while maintaining compliance with company policies and regulations. This role requires a combination of strong leadership skills, process expertise, and a keen eye for detail.

Key Responsibilities:

Process Management:

- Oversee the entire procure-to-pay process, including requisitioning, procurement, vendor management, invoice processing, and payment.

- Implement and maintain standardized procedures, workflows, and controls to ensure accuracy, efficiency, and compliance.

- Continuously identify process improvement opportunities and drive initiatives to enhance the PTP process.

Team Leadership:

- Lead and mentor a team of PTP specialists, providing guidance, performance feedback, and professional development opportunities.

- Allocate resources effectively to ensure timely completion of tasks and responsibilities.

- Foster a collaborative and positive work environment that encourages teamwork and knowledge sharing.

Vendor Management:

- Collaborate with the vendor management team to establish and maintain strong relationships with key suppliers.

- Ensure compliance with vendor agreements, pricing, and terms to optimize vendor performance and cost savings.

Compliance and Controls:

- Enforce adherence to company policies, internal controls, and regulatory requirements.

- Implement and monitor segregation of duties to prevent fraud and errors within the PTP process.

- Lead internal and external audits related to procurement and accounts payable.

Performance Metrics:

- Define, track, and report key performance indicators (KPIs) and metrics related to PTP processes and team performance.

- Analyze data to identify trends, areas for improvement, and potential bottlenecks.

Stakeholder Collaboration:

- Collaborate closely with cross-functional teams, including procurement, finance, legal, and operations, to ensure alignment of goals and effective communication.

- Address inquiries and resolve issues related to PTP processes from both internal and external stakeholders.

Qualifications and Requirements:

- Chartered Accountant with 10+ years' experience, bachelor's degree in finance, accounting, business, or a related field.

- CA is Mandatory

- Proven experience (7+ years) in procurement, accounts payable, or financial operations, with a track record of progressively increasing responsibilities.

- Strong understanding of end-to-end procure-to-pay processes, best practices, and industry trends.

- Excellent leadership, communication, and interpersonal skills.

- Proficiency in using enterprise resource planning (SAP-ERP) systems, financial software, and Microsoft Office suite.

- Analytical mindset with the ability to interpret data, identify insights, and make informed decisions.

- Attention to detail and commitment to accuracy in financial operations.

- Knowledge of relevant regulatory frameworks and compliance requirements.

- Experience in managing teams and driving process improvements.

- Ability to work in a fast-paced, dynamic environment and manage multiple priorities effectively.

Supervises: Team of Managers, Team Leaders, Executives

Direct Reports: 4 or less

Grade (Internal Reference): Grade

Geographical Scope: Bangalore

Reports To: Head - Financial Shared Services

Key Customers: Suppliers, Employees

Internal Customers: Procurement, Buyers, Leadership Team

External Customers: Travel Desk, Vendors, Suppliers

Travel: 10%

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