By Anusree.T - On November 21, 2023 6:00 pm - 2 mins read
The BCG invited applications for the post of Global Procure to Pay Director
Qualifications
Degree in Finance or accounting. A professional qualification like CA or MBA will be a plus.
15+ years of relevant experience in the procurement & payables process with a focus on the Global Source to Pay domain and an excellent understanding of shared services setup and delivery and process transformation
Prior experience to set up and run Global P2P or Source to Pay as a centralized function
Proven ability to lead teams through process improvements and implementation of standardized processes throughout large organizations
Previous experience of a leading global client or internal stakeholders
Experience working in roles supporting global projects
Demonstrates deep functional Finance shared services expertise
Deep understanding of Global Procure to Pay domain: Accounts payable preferred
Ability to provide insights to streamline and simplify processes and deliver value
Ability to multi-task and prioritize within a fast-paced, demanding environment
Comfort with ambiguity and willingness to embrace an iterative process
Ability to independently resolve complex issues/problems
Strong influencing skills and ability to get stakeholder buy-in for initiatives and projects
Experience with Finance processes enabled by ERP and AI-based technologies
Proficiency with Alteryx, Tableau, and BI tools is preferred
Experience proactively taking the initiative, using good judgment to prioritize issues, and the ability to work with minimal direction
Strong interpersonal skills and a collaborative style
Ability to work effectively with partners in a global environment
Ability to manage external vendors effectively and independently
Working in a diverse, international environment and able to operate at multiple levels
Demonstrates advanced communication skills: oral, written, and active listening
Responsibility
Lead Global P2P process to ensure achieving service level agreement as agreed with various stakeholders which include service provider as well as BCG local offices
Partner with Finance & S2P Transformation team to provide inputs in designing & transforming processes and implement proposed improvements
Lead the team and ensure timeliness, accuracy, and quality of processes in ensuring satisfying service delivery to meet or exceed customers’ expectations
Analyze end-to-end P2P processes, workflows, and systems to identify areas for improvement and automation.
Conduct thorough process assessments, collect data, and identify bottlenecks and root causes within the P2P operations.
Work with upstream and downstream dependencies to ensure comprehensive insights and process improvements across geographies and business units.
Establish and implement process control, governance risks, and compliance testing
Enforced transaction procedures and policies to ensure adherence to guidelines
Lead in developing an annual review of procedures
Develops and implement strategies to reduce or mitigate risks associated with accounts payable
Initiate and lead in process improvements or system enhancement to simplified existing processes to achieve cost savings and efficiencies
Work with business management and other business units to design and develop systems to support current and future business requirements
Identifies processes best practices in managing payables for new implementations.
Establish and review internal and external KPIs and drive towards defined benchmarks and targets – publish according to an agreed schedule.
Provide insight, analytics, and consultancy relevant to accounts payable functions to the broader organization
Build and maintain a network with peer companies and other regions globally, to stay abreast of current industry best practices and work with partners to apply these as appropriate
Assist in providing support needed for financial reporting and other administrative tasks that may be required from time to time
