Job Summary
Lead end-to-end Payment process ensuring compliance and efficiency. Manages key stakeholders and overseeing the actual disbursement of funds, ensuring that payments are made accurately and on time. Coordinates with cross-functional teams to implement process improvements and controls.
Key Areas of Responsibility
- Manage the end-to-end payment, ensuring timely and accurate processing of payments.
- Analyze payment data to identify trends, insights, and areas for improvement.
- Analyze and improve payment processes to increase efficiency and reduce costs.
- Collaborates with the operational team, internal and external stakeholders to identify and mitigate key risks in the Purchase‑to‑Pay process.
- Establishing key performance indicators (KPIs) such as payment run on time, late/early payments, and error rates to measure the efficiency of the payment process.
- Implements and monitors internal controls to mitigate risks in the purchase to pay process.
- Collecting feedback from stakeholders involved in the payment process to identify pain points and areas for enhancement.
- Develop & review of standardized procedures for payment processing
- Regular review of current payment processes to identify bottlenecks and inefficiencies, to drive improvements.
- Analyzes process performance and drives continuous improvement initiatives for efficiency.
- Identifies digitalization opportunities and collaboratively drives key projects across the entire Source-to-Pay process, aiming to automate workflows.
- Leads and mentors the purchase to pay team to achieve departmental goals.
- Oversee monthly financial closing and other accounting processes in PTP scope
- Accountable for the operational performance of ORUs within the market
- Responsible for PTP resourcing processes, including engaging and retaining talent, staffing, performance management, training etc.
- Implement and train teams on new directives and policies implemented
Critical Experiences
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field is required to ensure foundational knowledge of financial processes and controls.
- Minimum of 10 years of progressive experience in a similar role in SAP environment, including a minimum of 5 years in team management and leadership.
- Professional certification such as Certified Accounts Payable Professional (CAPP) or equivalent is essential to demonstrate expertise in purchase to pay processes and compliance requirements.
