Principal, Source To Pay

Year    Pune, Maharashtra, India

Job Description

Overview
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world\'s top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the \xe2\x80\x9cbank of banks\xe2\x80\x9d - 97% of the world\xe2\x80\x99s top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we\xe2\x80\x99re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We\xe2\x80\x99re seeking a future team member for the role of Lead Manager, Source to Pay to join our Enterprise Sourcing Office Accounts Payable team. This role is located in Pune, MH on a Hybrid mode.

In this role, you\xe2\x80\x99ll make an impact in the following ways:
Responsible for the end-to-end Accounts Payable and Source to Pay process and will assume complete ownership of the service delivery
Provide decision support to the business, analyzing invoice processes, compliance to policy and recommendations for rectification
Identify and execute automation opportunities to streamline the process and gain process efficiency

Deliver on defined targets and drive process improvements, focused on improving quality, speed, controls and value to the customer
Create goals and development plan for the team and work closely to identify training and coaching requirements for the group
Complete ownership of client complaint & resolution process, best practice / idea sharing for the teams
Drive continuous improvement initiatives like \xe2\x80\x93 Avoiding duplicate payment, improve paid on time, Improve cycle time
To ensure timely and qualitative processing of Accounts Payable Transactions, month end close, reconciliations and reporting as per SLA & OLA
Ensure compliance with policies and procedures
Establish process for conducting periodic performance reviews
Ensure timely and accurate reporting on process performance metrics / any other metrics or trackers

Additional Requirements
Capable of managing senior stakeholders
Flexible and willingness to work all shift Hours
Should have good analytical skills
Excellent communication skills
Largely driven by self-Initiative & self-drive
Ability to perform in pressure situation

To be successful in this role, we\xe2\x80\x99re seeking the following:
EDUCATION

Bachelor/Master\xe2\x80\x99s degree in Commerce/MBA (Finance) or equivalent combination of education and experience required
Any supply chain management certification is an added advantage

EXPERIENCE

15-18 years of total work experience preferred; knowledge of PeopleSoft/Oracle/SAP Accounts payable module and end to end source to pay/Accounts Payable operations including process transformation initiatives
Prior experience of end-to-end Accounts Payable process and good understanding of control framework of Source-To-Pay operations
Prior experience of change management in Source-To-Pay operations is mandatory
Strong understanding of latest Microsoft Office applications i.e., Word, PowerPoint, Excel
At BNY Mellon, our inclusive culture speaks for itself. Here\xe2\x80\x99s a few of our awards:
Fortune World\xe2\x80\x99s Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg\xe2\x80\x99s Gender Equality Index (GEI)
Human Rights Campaign Foundation, 100% score Corporate Equality Index
Best Places to Work for Disability Inclusion , Disability: IN \xe2\x80\x93 100% score
100 Best Workplaces for Innovators, Fast Company

Our Benefits:
BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life\xe2\x80\x99s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world\'s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It\'s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

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Job Detail

  • Job Id
    JD3100284
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Pune, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year