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Team Lead-p2p

3 weeks ago

Chennai Tamil Nadu, India Cognizant Full time

**Job Summary**

**Responsibilities**
- Lead the Procure to Pay (P2P) team to ensure efficient and accurate processing of transactions.
- Oversee the end-to-end P2P cycle including procurement accounts payable and vendor management.
- Provide guidance and support to team members to ensure adherence to company policies and procedures.
- Monitor and analyze P2P metrics to identify areas for improvement and implement corrective actions.
- Collaborate with cross-functional teams to streamline P2P processes and enhance overall efficiency.
- Ensure timely and accurate processing of invoices purchase orders and payments.
- Develop and maintain strong relationships with vendors to ensure smooth and efficient transactions.
- Conduct regular audits of P2P processes to ensure compliance with internal controls and regulatory requirements.
- Provide training and development opportunities for team members to enhance their skills and knowledge.
- Lead process improvement initiatives to drive efficiency and cost savings within the P2P function.
- Ensure accurate and timely reporting of P2P metrics to senior management.
- Manage and resolve any issues or discrepancies related to P2P transactions.
- Stay updated on industry trends and best practices to continuously improve the P2P function.

**Qualifications**
- Possess a minimum of 6 years of experience in Finance
- Procure to Pay.
- Have a strong understanding of P2P processes including procurement and accounts payable.
- Demonstrate excellent analytical and problem-solving skills.
- Exhibit strong leadership and team management abilities.
- Show proficiency in using P2P software and tools.
- Have excellent communication and interpersonal skills.
- Display a high level of attention to detail and accuracy.
- Be able to work effectively in a hybrid work model.
- Have experience in process improvement and change management.
- Show a commitment to continuous learning and professional development.
- Be able to work independently and as part of a team.
- Demonstrate a strong understanding of internal controls and regulatory requirements.
- Have a proactive and results-oriented approach.

**Certifications Required**

Certified Accounts Payable Professional (CAPP) or equivalent certification preferred.