Head – Shared Services – Finance Transformation – Manufacturing Native

The Corporate Institute

Mumbai

On-site

INR 3,500,000 - 7,000,000

Full time

13 days ago

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Job summary

The Corporate Institute is establishing a world-class Finance Shared Services Organization to drive automation, governance, and scalability across P2P, O2C, and R2R processes. The Head–Shared Services will lead a hands-on transformation and build a scalable SSC framework across multiple locations.

The role requires extensive experience in large-scale SSC, a strong background in P2P/O2C/R2R, and leadership to drive continuous improvement and enterprise-wide change management.

Qualifications

  • CA and/or MBA (Finance) from a premier institution.
  • 15–25 years of experience in Finance Operations, Shared Services, GBS, or Finance Transformation.
  • Exposure to SAP and finance automation technologies.

Responsibilities

  • Design and implement the target Shared Services operating model (Centralized, Hybrid, or Hub-and-Spoke).
  • Lead end-to-end transition of finance processes into the SSC framework.
  • Define governance structures, service delivery models, SLAs, OLAs, and performance metrics.

Skills

Leadership
Change management
Stakeholder management
Process optimization
Team management
Analytics

Education

CA/MBA (Finance) from premier institution

Tools

SAP
RPA tools
OCR
Analytics platforms

Job description

About the Client:

We are one of India’s leading diversified business groups with a strong presence across multiple industries and a large-scale national footprint. As part of our finance transformation journey, we are building a world-class Shared Services Organization (SSO) to drive operational excellence, standardization, automation, governance, and scalability across the enterprise.

Role Overview:

The Head – Shared Services will be responsible for designing, transitioning, stabilizing, and optimizing an integrated Finance Shared Services Organization covering Procure-to-Pay (P2P), Order-to-Cash (O2C), and Record-to-Report (R2R) processes across multiple business entities and locations.

This role requires a hands-on transformation leader with experience in building or significantly transforming large-scale shared service environments, driving automation, enhancing governance, and delivering operational efficiencies.

Key Responsibilities:
1. Shared Services Strategy & Setup:
  • Design and implement the target Shared Services operating model (Centralized, Hybrid, or Hub-and-Spoke)
  • Lead end-to-end transition of finance processes from business units into the SSC framework
  • Define governance structures, service delivery models, SLAs, OLAs, and performance metrics
  • Establish the organizational structure, operating framework, and talent strategy for the SSC
  • Partner with external consultants and internal stakeholders to drive successful implementation
2. Process Excellence & Standardization:
  • Standardize finance processes across multiple business entities
  • Develop and implement SOPs, policies, controls, and governance frameworks
  • Eliminate process inefficiencies and non-value-added activities
  • Drive Lean, Six Sigma, and continuous improvement initiatives
  • Benchmark operations against leading global shared service organizations
3. Digital Transformation & Automation:
  • Lead ERP harmonization and process optimization initiatives
  • Drive adoption of automation technologies including RPA, OCR, workflow tools, AI-enabled reconciliation, and analytics platforms
  • Develop digital dashboards and real-time MIS capabilities
  • Ensure seamless integration across finance and business systems
  • Build a scalable, technology-enabled operating environment
4. Service Delivery Management:
  • Own end-to-end delivery of finance operations across P2P, O2C, and R2R
  • Ensure achievement of service levels, turnaround times, and quality standards
  • Establish effective escalation and issue-resolution mechanisms
  • Drive stakeholder engagement and service excellence across business units
  • Act as the single point of accountability for shared services performance
5. Governance, Controls & Compliance:
  • Strengthen internal control frameworks and audit readiness
  • Ensure compliance with statutory, tax, regulatory, and financial reporting requirements
  • Drive a culture of accuracy, accountability, and zero-defect reporting
  • Collaborate with Internal Audit, Statutory Auditors, and Compliance teams
  • Monitor and mitigate operational and control risks
6. Financial Efficiency & Value Creation:
  • Deliver sustainable cost savings through consolidation, standardization, and automation
  • Improve working capital performance through enhanced O2C and P2P effectiveness
  • Drive productivity improvements and optimize operating costs
  • Develop performance dashboards and value realization frameworks
  • Establish metrics to track SSC benefits and transformation outcomes
7. Leadership & Change Management:
  • Build and lead a high-performing Shared Services organization
  • Develop future leaders and strengthen succession pipelines
  • Drive enterprise-wide change management and stakeholder alignment
  • Manage resistance across business units and ensure smooth transitions
  • Foster a culture of continuous improvement, innovation, and accountability
Ideal Candidate Profile:
  • CA and/or MBA (Finance) from a premier institution
  • 15 – 25 years of experience in Finance Operations, Shared Services, Global Business Services (GBS), Finance Transformation, or Large-Scale Finance Operations
  • Demonstrated experience in setting up, scaling, or transforming Shared Services organizations
  • Exposure to Manufacturing Industry is a must
  • Strong expertise across P2P, O2C, and R2R processes
  • Exposure to large, multi-business, multi-location organizations
  • Experience with SAP and finance automation technologies
  • Strong understanding of process excellence, governance, and operational controls
  • Proven leadership experience managing large teams and enterprise-wide transformation programs
  • Excellent stakeholder management skills with the ability to influence senior leadership and business teams
Success Measures:
  • Establish and operationalize the Shared Services model within agreed timelines
  • Successfully migrate finance processes across business entities
  • Deliver measurable cost optimization and productivity gains
  • Improve working capital metrics and process efficiency
  • Drive large-scale automation and digital adoption
  • Achieve high stakeholder satisfaction and service quality
  • Build a scalable organization with strong governance and controls
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