Responsibilities:

P2P Process Leadership (Brand Purchase):

Drive and optimize the end-to-end Procure-to-Pay (P2P) process specifically for Brand Purchases.
Review the team's day-to-day activities, including invoicing, handling audit requests, conducting analysis, and managing other requests pertinent to the accounts payable process.
Oversee payments to ensure adherence to due dates, thereby improving 'Invoice Process on Time' (IPOT) metrics.
Ensure timely and effective resolution of all queries raised by vendors.
Manage payments and ensure compliance for all Brand Import-related transactions.

Month-End P2P Reporting:

Lead and execute month-end P2P reporting activities.
Review payable and advance aging reports to identify trends and potential issues.
Share monthly cash flow forecasts and daily fund requirements with the treasury team to facilitate liquidity management.
Conduct costing and margin validation for all imports and local purchases to ensure financial accuracy.
Manage provisioning for purchases and Return to Vendor (RTV) transactions.
Ensure accurate restatement of foreign currency for month-end closure.

Audit & Compliances:

Play a key role in audit and compliance activities.
Assist in quarterly and statutory audits, providing necessary documentation and explanations.
Ensure timely resolution of issues raised by both statutory auditors and internal auditors.

Team Mentoring & Development:

Mentor and develop the P2P team, enabling them for independent task handling and ensuring performance meets laid down procedures and expectations. Foster a culture of continuous learning and improvement within the team.

Required Skills:

Proven experience driving the P2P (Procure-to-Pay) process, specifically for brand purchases.
Ability to review and oversee daily team activities related to invoicing, audit requests, and accounts payable.
Strong focus on ensuring on-time payments and vendor query resolution.
Experience with brand import-related payments and compliance.
Proficiency in month-end P2P reporting, including payable/advance aging, cash flow, costing/margin validation, and provisioning.
Ability to assist in quarterly and statutory audits and resolve audit issues.
Strong mentoring and team development skills, focused on empowering team members.
Excellent understanding of accounts payable processes.
Strong analytical and problem-solving skills.
Exceptional attention to detail and organizational skills.

Senior Manager - P2P