Operational Finance Transformation Specialist

2 days ago

India beBeeProcess Full time ₹ 19,90,480 - ₹ 25,88,214
Transactional Finance Leader

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials.

The company provides critical solutions to create products that provide safety and protection for people, data, and the environment.

As a trusted partner to the world's leading companies, we deliver crucial, innovative, and sustainable solutions that add value to our customers' businesses.

We have a proud heritage dating back over 250 years and a spirit of evolution that enables us to stay ahead of changing market needs.

With operations across 50 countries and a workforce of over 17,000, we serve our customers worldwide.

Our technologically diverse product portfolio enables us to cater to both current and future trends, setting new standards and turning customer ideas into reality.

Role Purpose
  • Global process lead where key focus will be on Standardization, Simplification, and Automation of Transactional activities
  • Service delivery lead - Ensure consistent service delivery across tower/units from the shared service provider for transactional services

The role requires drive to identify and pursue value-add opportunities, extensive collaboration with business, finance, and technology stakeholders, and energy to implement effective end-to-end solutions to deliver enhanced efficiency and productivity.

Key Responsibilities
  • Ensure Compliance to Global Procedures and Operating Methodologies (GPOM) in transactional area and refine GPOM on an ongoing basis
  • End-to-end procure-to-pay 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 a focus on improvement in vendor-related metrics
  • Review and revise Global standard operating procedures (SOPs) to align to the improved process and practice
  • 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
  • Providing 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
Essential Qualifications:
  • Qualified accountant with minimum 5 years of experience in F&A. At least 3 years of exposure to operational finance preferred
  • Semi-qualified Accountant with minimum 8 years of accounting and finance experience (PTP&RTR). At least 3 years of exposure to operational finance preferred
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