Hindustan Coca Cola Beverages

3 weeks ago

Bengaluru, Karnataka, 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 procuretopay 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 crossfunctional 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 endtoend procuretopay 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 fastpaced, 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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