L&T - Head - Procure To Pay Operations

Qualification: Chartered Accountant/Cost Accountant/MBA/M.Com

Experience : 12 to 15 year for CAs and 15 to 20 years for M.Com/MBAs

Technical Qualifications :

- Prior Experience in Finance & Accounts Specifically in Procure to Pay Operations,

Desired/ Preferable :

- Experience in a manufacturing industry with strong domain knowledge

- Prior experience in Process Improvement, Lean and Six Sigma

Computer Skills : Exposure to SAP Finance & MM Module, Best in class AP Workflow, OCR/RPA and MS Office

Preferred Age : Upto 45 years

Areas of Exposure/Work Background :

- Industry expertise and expert knowledge in the Procure to Pay domain

- Prior experience in leading large team sizes

- Strong knowledge of direct and indirect taxes

- Tech-savvy to implement IT enabled tools and solutions to improve the efficiency and effectiveness

- Experience with managing under Service Level Agreement (SLA) and Key Performance Indicators (KPI)

- Demonstrates extensive experience supervising teams to create an atmosphere of trust, seeking diverse views to encourage improvement and innovation, and coaching staff, including providing timely meaningful written and verbal feedback.

- Extensive abilities and/or a proven record of success leading process workshops and presenting in front of executives, peer management, and their teams

- Extremely strong multitasking and organizational skills Extremely strong math aptitude and an accounting background required

- Extremely strong leadership, problem-solving, and analytical skills

- Extremely strong ability to work under pressure and meet deadlines

- Excellent communication skills, both written and oral. Ability to organize a large work load, set priorities, and balance many different tasks simultaneously

Purpose of the position :

- Responsible for Procure to Pay operations of all the ICs (Vendor Masters, Accounts Payable and TDS Activities) with SSC and the targeted activities that will be transitioned to SSC.

Job responsibilities :

- Managing a team of 75+ FTEs in Vendor Masters, Accounts Payables and TDS activities for all ICs

- Ensuring all the 100% compliance with the company policy/bill processing guidelines, Compliance with statutory requirements and internal controls

- Enhance the scope of SSC through transition of targeted activities & stabilization in SSC

- Operational efficiency and effectiveness Consistently exceeding/meeting the customer requirements by adhering to the set SLAs

- Continuous Process Improvement Drive business transformation through operational excellence and business process re-engineering

- People Development Improve skills and competencies of team members through continuous coaching, training, mentoring and timely feedback to meet the SLAs and face the new challenges

- Implement IT enabled tools and systems to improve the efficiency and effectiveness

- Automate the end-to-end process through OCR and Robotic Process Automation

- Change Management Drive a consistent paradigm shift in organizational culture to adopt and accept change in end to end process processes and systems

- Ensure that SOPs for all the process are updated at regular intervals

- Co-ordinate with the internal controls team and internal audit team and ensure zero non-compliance

- Provide the schedules/details for the statutory auditors and other user departments as and when required

- Develop and automate robust Dashboard and MIS mechanism to provide timely insights to the business C

- Consistently drive towards achieving the best-in-class process within shared services

Location : Pune (position will be eventually shifted to Mumbai)