Dy. Manager - Treasury & P2P

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.