Position Summary:
We are seeking a seasoned Deputy Manager to lead and optimize Procure-to-Pay (PTP) processes. The ideal candidate will bring in-depth expertise in SAP, project implementation, and automation, along with strong leadership skills to manage and mentor a high-performing Accounts Payable team. This role offers an exciting opportunity to drive process excellence, enhance operational efficiency, and contribute to the organization's financial success.
Key Responsibilities:
Procure-to-Pay (PTP) Operations
- Oversee the end-to-end Procure-to-Pay cycle, ensuring seamless processing from invoice receipt to payment execution.
- Manage domestic and international vendor invoice processing, payment proposals, and disbursements.
- Maintain vendor and employee master data in SAP/Concur and ensure accuracy in transactions.
- Address and resolve complex discrepancies, escalations, and payment issues related to accounts payable.
SAP & Systems Expertise
- Manage SAP functionality to support efficient PTP and AP operations.
- Ensure accurate utilization of SAP for invoice processing, reconciliations, and reporting.
- Drive system enhancements and align ERP capabilities with business requirements.
Project Implementation & Automation
- Lead strategic initiatives focused on process optimization and automation within the PTP domain.
- Implement advanced tools and technologies (e.g., RPA, AI) to improve efficiency and reduce manual effort.
- Collaborate with cross-functional teams to implement scalable and sustainable PTP solutions.
Accounts Payable & General Ledger Management
- Oversee full accounts payable cycle including invoice validation, posting, and payment processing.
- Perform vendor reconciliations and resolve discrepancies in coordination with procurement teams.
- Review and post journal entries, ensuring accurate expense allocation.
- Conduct general ledger reconciliations related to AP and analyze discrepancies.
- Support month-end and year-end closing activities, including audit documentation.
Team Management
- Mentor, guide, and manage a team of AP professionals, fostering collaboration and growth.
- Delegate tasks effectively while ensuring alignment with organizational goals.
- Conduct performance reviews, identify training needs, and support career development.
Process Optimization & Controls
- Develop and track KPIs to improve PTP efficiency and turnaround times.
- Implement best practices to enhance accuracy, compliance, and process efficiency.
- Establish and maintain strong internal controls within the AP function.
Stakeholder Engagement
- Collaborate with internal stakeholders (procurement, finance, operations) to ensure smooth PTP operations.
- Act as the primary point of contact for vendor-related queries and escalations.
Qualifications & Skills:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- 10+ years of relevant experience in Accounts Payable and Procure-to-Pay processes.
- Strong proficiency in SAP and AP automation tools.
- Proven experience in process automation and project implementation.
- Advanced proficiency in Microsoft Excel and financial reporting tools.
- Strong analytical, problem-solving, and leadership skills.
