Finance Manager

About Us:Good Business Lab is an independent, non-profit labor innovation company. We use rigorous academic research to prove that worker well-being programs have business impacts. We develop market-ready, scalable interventions that benefit both workers and businesses. Our goal is to disrupt the traditional notion of business and show that worker well-being can be a good business practice.The founders of the lab are Ach Adhvaryu - Professor of Economics and Director of 21st Century India Center at the School of Global Policy and Strategy, UC San Diego ( Anant Ahuja-head of Organization Development at Shahi Exports Pvt. Ltd., and Anant Nyshadham- Assistant Professor of Business Economics and Public Policy at the University of Michigan ( Finance Manager - Procure to PayLocation: Delhi or Bengaluru Office (WFH flexibility)Start date: ASAP (applications being accepted on a rolling basis)Length of Commitment: Minimum of 12 monthsAbout the roleThe role will support the Finance Team by providing expertise on Procure to Pay end-to-end processes (Procurement, Vendor Management, Contract Management, Invoice Processing, Reconciliation, Purchase Orders, Expenseclaims/Reimbursements, etc.). The role will act as a subject matter expert and will lead the development and implementation of processes and policies.Overall responsibilityProcess Improvement: Identify and research innovative solutions to optimizesystems and processes, focusing on increasing accuracy, efficiency, andcost-effectiveness.Documentation Management: Ensure financial documentation andrecord-keeping are maintained systematically in accordance with funderrequirements and organizational standards.Performance Monitoring: Analyze and monitor the P2P process performance to identify areas for improvement and implement best practices across theorganization.Compliance Assurance: Ensure adherence to local and international procurement laws, including regulations on anti-bribery, anti-corruption, and trade.Stakeholder Collaboration: Work closely with various departments to gatherrequirements, define process objectives, and develop purchasing plans that align with organizational goals.Procurement- Refine and implement end-to-end procure-to-pay process vision/roadmap- Monitor procure-to-pay process performance & identify opportunities for improvement- Promote a process-oriented culture and promote best practices across the organisation.- Ensure compliance with local and international procurement laws and regulations, including anti-bribery, anti-corruption, and trade laws.- Lead the sourcing activities, including the bid/tender process based on the procurement category- Collaborate with all stakeholders to gather requirements and define process objectives and purchasing plans- Communicate well and build a rapport with different stakeholders to understand different team needs and provide the required support- Implementing, and controlling contract and price negotiations to optimize costs- Coordinate benchmarking processes to ensure requests align with procurement policies and procedures.- Lead the negotiation process with suppliers during the Sourcing process- Leverage digital procurement tools and automation to streamline the procure-to-pay process, improve efficiency, and reduce manual interventions.- Coordination of the contract with responsible departments (treasury, legal, IP, data protection, accounting, technical and other specialists).- Implementation of a database of all suppliers by their categories.- Implementation of a database for contracts management- Management and control of Vendor Master Data to proceed with