Executive Procure to Pay

TSS Pakistan; Islamabad; On-site; PKR 1,400,000 - 2,000,000; Full time

Job summary

A financial services organization in Islamabad is seeking an Executive Procure to Pay to oversee transaction management in the P2P process. The ideal candidate will hold a finance-related degree and have 1-2 years of relevant experience. Responsibilities include managing vendor inquiries, ensuring compliance with financial regulations, and contributing to month-end closing processes.

Qualifications

• 1-2 years of experience at reputable organizations / shared services / MNCs, particularly in Source to Pay functions.
• Experience in finance/accounting is preferred.

Responsibilities

• Review and process transactions as per Standard operating procedures in P2P.
• Ensure follow-up of open invoices in FUSION/COUPA.
• Assist management in preparation of ad hoc analysis and performance reporting.

Skills

Good communication & interpersonal skills

Team Management experience

Ability to communicate effectively in English (verbal and written)

Ability to handle heavy workload effectively

Willingness to avail opportunities outside the defined JD

Education

Qualified ACCA, CA Inter, ICMA or bachelor's or master's degree in finance/accounting

Tools

FUSION

COUPA

Job description

Position Title: Executive Procure to Pay

Reporting to: Manager P2P

Job Group: 1A Permanent

Location: Islamabad

Company: Telenor Shared Services Pakistan

Tribe: Finance & Procurement Squad: Procure to Pay

Goals

• Review and process transactions as per Standard operating procedures in P2P.
• Adhere to agreed SLAs & KPIs along with relationship management with key stakeholders like Purchasing hub and financial controllers.
• Ensure follow-up of open invoices in FUSION/COUPA.
• Perform Month end closing as per the deadlines.
• Have a customer centric approach in problem resolution and improve customer experience by providing solutions promptly.
• Should be able to handle the queries from stakeholders especially Finance & Purchasing hub.
• Handle service desk second line support for P2P and help to achieve NPS target of P2P.
• Making sure the ICFR controls related to P2P are complied.
• Ensure quality and control on daily production for the assigned team.
• Assist management in preparation of ad hoc analysis and performance reporting.

Eligibility Criteria Education

• Qualified ACCA, CA Inter, ICMA or bachelor’s or master's degree in finance / accounting

Work experience

• 1-2 years of experience at reputable organization / shared services / MNCs / internship Especially in Source to Pay functions will be an advantage.

Functional Skills / Knowledge Areas

• Good communication & interpersonal skills
• Team Management experience will be an added advantage.
• Ability to communicate effectively in English (verbal and written)
• Ability to handle heavy workload effectively and efficiently.
• Ready to accept challenges and meet stringent deadlines.
• Knowledge of FUSION and COUPA is a requirement along with Scandinavian VAT
• Understanding of Telenor operations along with the tools they use is desirable.
• Willingness to avail opportunities outside the defined JD

Your typical day at work

• Scrutinizing invoices and getting them registered in Fusion/Coupa/Unit4/Dynamics
• Processing of invoices through matching process in Fusion/Coupa/Unit4/Dynamics
• Complying with tax rules relating to Telenor
• Handling questions and taking lead in meetings with PO hub
• Reconciliation of invoices from EVRY – COUPA – FUSION - Unit4/Dynamics
• Reconciliation of invoices from COUPA to FUSION/Unit4/Dynamics
• Making sure that reports related to ICFR controls are sent to the customers on time
• Coordinating and reconciliation of unapproved and unpaid invoices
• Coordinating with vendors / suppliers on payment of their invoices and issues
• Coordinating and reconciliation with the R2R and O2C process at MEC
• Understanding the needs of internal and external stakeholders
• Creating a positive business relationship with business stakeholders
• Improving key performance metrics to enhance performance
• Documentation and updating of SOPs, SoW and DTPs
• Compliance to IFRS and closing at the end of each reporting period
• Supporting internal and external audits of business units
• Delivering on ad hoc projects and tasks as and when required
• Identify IT issues before hand and coordinate with IT to for resolution.
• Take lead in the MEC process for smooth and efficient month end closing for payables module.
• Ensure Quality and control of production for the assigned team.
• Possesses knowledge of P2P process including upstream, downstream and related accounting impacts.
• Processing payments for ready to pay invoices.

Note: Above goals and job descriptions are indicative and subject to chang

Potential Career Path

• Horizontal and vertical growth within organization
• Finance positions at local business unit