
Head- Finance shared Services
2 weeks ago
Role & responsibilities
1. Procure-to-Pay & Compliance
- Drive the Procure-to-Pay process ensuring timely vendor payments and minimal vendor advances.
- Ensure timely payment of statutory dues (GST, TDS, PF, ESI, etc.) and compliance with applicable laws.
- Manage centralized accounts payable, cost accounting, and vendor settlements for over 1 million annual accounting transactions and 5,000+ vendors.
2. Policy, Controls & SOPs
- Develop and implement SSC SOPs, policies, and internal controls.
- Drive adherence to accounting policies, statutory compliance, and audit readiness.
- Ensure updates to processes and systems in line with regulatory changes.
3. Automation & Transformation
- Lead automation initiatives to improve efficiency, accuracy, and turnaround times.
- Benchmark processes against industry best practices to achieve cost savings.
4. Month-End & Reporting
- Oversee month-end close activities including cost allocation, prepaid calculations, general ledger review, and provision accounting across locations.
- Monitor SSC performance through dashboards, KPIs, SLAs, and periodic stakeholder reporting.
5. Leadership & Team Development
- Provide strategic direction and leadership to the SSC team, fostering a culture of service excellence and collaboration.
- Develop internal customer-centricity through SLAs, SOPs, and performance metrics.
6. Vendor & Partner Management
- Build strong vendor relationships, ensuring timely delivery and quality service.
- Negotiate contracts and service agreements to maximize value for the organization.
7. Audit, Risk & Continuous Improvement
- Support internal and external audit requirements with complete documentation.
- Implement risk management measures to mitigate operational and financial risks.
- Encourage innovation and adoption of new technologies to enhance SSC efficiency.
Preferred candidate profile
- Qualified CA 10+years of experience.
- Proven experience leading large-scale Shared Services / Accounts Payable operations.
- Strong knowledge of Procure-to-Pay, GST, TDS, vendor management, and fixed cost accounting.
- Experience in ERP systems (SAP, Oracle, Microsoft Dynamics) and process automation.
- Strong leadership, stakeholder management, and vendor negotiation skills.
- Excellent communication, analytical thinking, and problem-solving abilities.
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