Dy. Manager - Treasury & P2P

• Lead and manage the end-to-end Procure-to-Pay (P2P) function
• Oversee a team of 13-15 members
  
  

About Our Client

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

Job 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
  
  

The Successful Applicant

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
  
  

What's on 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.

Quote job ref: JN-092026-7100960