PTP payment lead

Signify; Dadri; On-site; INR 350,000 - 550,000; Full time

Job summary

Signify in India seeks a Senior Leader to own end-to-end payment processes within Purchase-to-Pay, ensuring compliance, accuracy, and timely disbursements.

You will analyze payment data, drive process improvements, mentor the PTP team, and collaborate with stakeholders to mitigate risks.

Strong SAP experience and a CAPP certification are essential for this role.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field.
• 10+ years in a similar SAP-enabled role.
• 5+ years in team management and leadership.
• CAPP certification or equivalent required.

Responsibilities

• Manage end-to-end payment processing for timely, accurate payments.
• Analyze payment data for trends and improvements.
• Improve payment processes to reduce costs.
• Collaborate with stakeholders to mitigate risks in P2P process.
• Establish KPIs to measure payment efficiency.
• Implement and monitor internal controls in P2P.
• Identify digitalization opportunities across Source-to-Pay.
• Lead and mentor the P2P team to meet goals.
• Oversee monthly closings and other PTP accounting processes.
• Ensure operational performance of ORUs in the market.
• Manage PTP resourcing: staffing, training.

Skills

Leadership

Process improvement

Data analysis

Stakeholder management

KPIs

Education

Bachelor's degree in Finance/Accounting/Business Administration

CAPP Certification

Tools

SAP

Job description

Lead end-to-end Payment process ensuring compliance and efficiency. Manages key stakeholders and overseeing the actual disbursement of funds, ensuring that payments are made accurately and on time. Coordinates with cross-functional teams to implement process improvements and controls.

Key Areas of Responsibility

• Manage the end-to-end payment, ensuring timely and accurate processing of payments.
• Analyze payment data to identify trends, insights, and areas for improvement.
• Analyze and improve payment processes to increase efficiency and reduce costs.
• Collaborates with the operational team, internal and external stakeholders to identify and mitigate key risks in the Purchase‑to‑Pay process.
• Establishing key performance indicators (KPIs) such as payment run on time, late/early payments, and error rates to measure the efficiency of the payment process.
• Implements and monitors internal controls to mitigate risks in the purchase to pay process.
• Collecting feedback from stakeholders involved in the payment process to identify pain points and areas for enhancement.
• Develop & review of standardized procedures for payment processing
• Regular review of current payment processes to identify bottlenecks and inefficiencies, to drive improvements.
• Analyzes process performance and drives continuous improvement initiatives for efficiency.
• Identifies digitalization opportunities and collaboratively drives key projects across the entire Source-to-Pay process, aiming to automate workflows.
• Leads and mentors the purchase to pay team to achieve departmental goals.
• Oversee monthly financial closing and other accounting processes in PTP scope
• Accountable for the operational performance of ORUs within the market
• Responsible for PTP resourcing processes, including engaging and retaining talent, staffing, performance management, training etc.
• Implement and train teams on new directives and policies implemented

Critical Experiences

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field is required to ensure foundational knowledge of financial processes and controls.
• Minimum of 10 years of progressive experience in a similar role in SAP environment, including a minimum of 5 years in team management and leadership.
• Professional certification such as Certified Accounts Payable Professional (CAPP) or equivalent is essential to demonstrate expertise in purchase to pay processes and compliance requirements.