Dy. Manager - Treasury & P2P

ACCA Careers; Navi Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

ACCA Careers in Navi Mumbai seeks a senior finance leader to oversee Banking, Treasury & Insurance and to lead the end-to-end P2P function. You will drive digitisation and manage a 13-15 member team to ensure compliant, scalable finance operations.

Key responsibilities include cash flow forecasting, liquidity management, FX hedging, ERP SAP implementations, and maintaining strong internal controls. 10–12 years in treasury/finance is preferred.

Qualifications

• 10–12 years of relevant experience in Banking, Treasury & Finance Operations / P2P & O2C.
• Experience in managing teams.
• Strong ERP and SAP experience.
• Regulatory compliance and risk management knowledge.

Responsibilities

• Manage corporate banking relationships and treasury operations.
• Lead end-to-end Procure-to-Pay (P2P) and drive digitisation/automation across finance Ops.
• Oversee a 13–15 member team ensuring compliant, scalable processes.
• Prepare cash forecasts, liquidity planning, and working capital optimisation.
• Maintain audit-ready documentation and internal controls (SOX/IFC).

Skills

Treasury management

FX hedging

P2P processes

ERP SAP

Leadership

Stakeholder management

Analytical mindset

Education

Bachelor's degree in Finance/Accounting

Tools

SAP

Job description

Responsible for managing banking relationships, treasury operations, cash flow planning, liquidity management, insurance portfolio administration, risk mitigation, and ensuring compliance with financial regulations and corporate policies.

Lead and manage the end-to-end Procure-to-Pay (P2P) function, drive digitisation and automation initiatives, and oversee a team of 13-15 members to ensure efficient, compliant, and scalable finance operations.

Client Details

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

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

Profile

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

Job 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.