Job Description

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Objective: Prepare SOP, Policies (jointly with other teams), systems & their effectiveness, Managing KPIs & SLAs
Title: National Manager-PTP
Function: Financial Shared Services
Work Location: Bangalore

Job Responsibilities

Position Overview:
The PTP Lead (Procure-to-Pay Lead) responsible for overseeing and managing the end-to-end procure-to-pay process. The PTP Lead ensures efficient and effective accounts payable operations, leading a team responsible for various activities, from requisitioning to payment, while maintaining compliance with company policies and regulations. This role requires a combination of strong leadership skills, process expertise, and a keen eye for detail.
Key Responsibilities:
Process Management:

• Oversee the entire procure-to-pay process, including requisitioning, procurement, vendor management, invoice processing, and payment.
• Implement and maintain standardized procedures, workflows, and controls to ensure accuracy, efficiency, and compliance.
• Continuously identify process improvement opportunities and drive initiatives to enhance the PTP process.

Team Leadership:

• Lead and mentor a team of PTP specialists, providing guidance, performance feedback, and professional development opportunities.
• Allocate resources effectively to ensure timely completion of tasks and responsibilities.
• Foster a collaborative and positive work environment that encourages teamwork and knowledge sharing.

Vendor Management:

• Collaborate with the vendor management team to establish and maintain strong relationships with key suppliers.
• Ensure compliance with vendor agreements, pricing, and terms to optimize vendor performance and cost savings.

Compliance and Controls:

• Enforce adherence to company policies, internal controls, and regulatory requirements.
• Implement and monitor segregation of duties to prevent fraud and errors within the PTP process.
• Lead internal and external audits related to procurement and accounts payable.

Performance Metrics:

• Define, track, and report key performance indicators (KPIs) and metrics related to PTP processes and team performance.
• Analyze data to identify trends, areas for improvement, and potential bottlenecks.

Stakeholder Collaboration:

• Collaborate closely with cross-functional teams, including procurement, finance, legal, and operations, to ensure alignment of goals and effective communication.
• Address inquiries and resolve issues related to PTP processes from both internal and external stakeholders.

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Job Requirement

Qualifications and Requirements:

• Chartered Accountant with 10+ years\' experience, bachelor\'s degree in finance, accounting, business, or a related field. Master\'s degree or professional certification (e.g., CMA, CPA, MBA) is a plus.
• Proven experience (7+ years) in procurement, accounts payable, or financial operations, with a track record of progressively increasing responsibilities.
• Strong understanding of end-to-end procure-to-pay processes, best practices, and industry trends.
• Excellent leadership, communication, and interpersonal skills.
• Proficiency in using enterprise resource planning (SAP-ERP) systems, financial software, and Microsoft Office suite.
• Analytical mindset with the ability to interpret data, identify insights, and make informed decisions.
• Attention to detail and commitment to accuracy in financial operations.
• Knowledge of relevant regulatory frameworks and compliance requirements.
• Experience in managing teams and driving process improvements.
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities effectively.

Supervises: Team of Managers, Team Leaders, Executives
Direct Reports: 4 or less
Grade (Internal Reference): Grade
Geographical Scope: Bangalore
Reports To: Head - Financial Shared Services
Key Customers: Suppliers, Employees
Internal Customers: Procurement, Buyers, Leadership Team
External Customers: Travel Desk, Vendors, Suppliers
Travel: 10%

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