Responsible for managing banking relationships, treasury operations, cash flow planning, liquidity management, insurance portfolio administration, risk mitigation, and ensuring compliance with financial regulations and corporate policies.

Lead and manage the end-to-end Procure-to-Pay (P2P) function, drive digitisation and automation initiatives, and oversee a team of 13-15 members to ensure efficient, compliant, and scalable finance operations.

Client Details

This organisation operates in the chemical industry and is based in Navi Mumbai.

Description

Banking, Treasury & Insurance:

Manage corporate banking relationships.
Manage daily cash flow and liquidity requirements.
Prepare short-term and long-term cash forecasts.
Optimise working capital and investment opportunities.
Monitor foreign exchange exposure and hedging activities.
Ensure compliance with treasury policies and audit requirements.

Insurance

Manage corporate insurance programs (Property, Liability, Marine, Employee Benefits, Cyber, etc.).
Coordinate policy renewals and premium negotiations.
Handle insurance claims and settlements.
Assess organisational risks and recommend appropriate coverage.
Liaise with insurers, brokers, and internal stakeholders.

P2P Operations

Manage complete P2P life cycle: Vendor on boarding, PO processing, invoice processing, and payments
Ensure accuracy, timeliness, and SLA adherence
Handle vendor reconciliations and issue resolution

Financial Reporting & Schedule Preparation

Prepare TB-mapped financial schedules ensuring end-to-end linkage (TB → Schedule → FS → Notes)
Ensure accurate accounting of payables, accruals, provisions, and expense classification Perform vendor, GR/IR, and advance reconciliations with audit-ready supporting Maintain complete documentation (SAP extracts, workings) for audit traceability Ensure Ind AS compliance and support smooth audit reviews with strong IFC/SOX controls

Digitisation & Automation

Drive automation and transformation initiatives across P2P
Implement and enhance ERP systems (SAP preferred)
Increase adoption of digital tools (OCR, RPA, workflows)
Enable paperless and efficient processes

Process & Controls

Strengthen internal controls, audit readiness (SOX/IFC)
Standardise processes and improve efficiency
Track KPIs and drive continuous improvement

Profile

Key Skills

Knowledge of regulatory compliance and risk management.
Treasury Management Systems
FX and hedging knowledge
Strong expertise in P2P processes
Experience in finance digitisation / transformation
Hands-on with ERP systems (SAP preferred)
Strong leadership and stakeholder management
Analytical and problem-solving mindset

Qualifications

10-12 years of relevant experience in Banking, Treasury & Finance Operations / P2P & O2C
Experience of managing teams

Job Offer

A permanent role in a well-established organisation.
Opportunities to work in a key financial role.
A competitive package based on skills and experience.

If this role aligns with your skills and interests, feel free to apply.

To apply online please click the Apply button below. For a confidential discussion about this role please contact Sourav Chandra at +912269036651.

Dy. Manager - Treasury & P2P