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