Chief Transactions Officer

5 days ago

erode, India beBeeProcess Full time

Key ResponsibilitiesThe role of a Transaction Operations Lead involves driving process improvements, ensuring compliance and service delivery excellence. Key responsibilities include:Global Process Management: Develop and implement global procedures for standardization, simplification and automation of transactional activities.Service Delivery Excellence: Ensure consistent service delivery across towers/units from the shared service provider for transactional services.This requires collaboration with business, finance and technology stakeholders to identify value-add opportunities and implement effective end-to-end solutions for enhanced efficiency and productivity.Key AccountabilitiesThe Transaction Operations Lead will be responsible for:Ensuring compliance to global procedures and operating methodologies (GPOM) in transactional areas and refining GPOM on an ongoing basis.End-to-end procure-to-pay (P2P) knowledge with hands-on SAP experience at transactional level to guide the service provider to improve efficiency in operations.Understanding of VDMS and vendor management with focus on improvement in vendor-related metrics.Robotics process automation - identification of opportunities to simplify operational processes and automate them with bot solutions to create more efficiencies.Review and revise global standard operating procedures (SOPs) to align with improved processes and practices.Ensure consistent levels of service delivery by the service provider and engage with units in service to improve/sustain them.Define and update risk and control matrix (RACM), review and resolve RACM audit findings. Support Coats Group Internal Audit and External Audit teams in their assignments.Provide support and guidance to the business through implementation of standardized processes and controls, monitoring compliance with group policies and procedures, and applicable laws and regulations.Plan and conduct reviews on financial and operational aspects and identify control deficiencies, suggest improvements.

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