head of ptp.

Key Responsibilities:

•PTP Operations Management:

•Lead and manage the Procure-to-Pay function, including vendor management, invoice processing, payment execution, and dispute resolution.

•Ensure compliance with company policies, procedures, and regulatory requirements.

•Oversee timely and accurate processing of invoices and payments, maintaining service level agreements (SLAs).

•Migration and Transition:

•Lead the migration of PTP processes from existing locations to the new SSC.

•Develop and execute detailed migration plans, ensuring seamless transition with minimal disruption to business operations.

•Collaborate with cross-functional teams to ensure alignment and support during the migration phase.

•Process Improvement and Optimization:

•Identify, evaluate, and implement process improvements to increase efficiency, accuracy, and cost-effectiveness of the PTP function.

•Drive automation and digital transformation initiatives to optimize PTP processes and reduce manual interventions.

•Regularly review and benchmark PTP processes to adopt best practices and stay ahead of industry trends.

•Team Leadership and Development:

•Build and lead a high-performing PTP team, providing guidance, mentoring, and support for professional growth.

•Set clear performance goals and metrics, monitor progress, and provide feedback to ensure continuous improvement.

•Foster a culture of accountability, teamwork, and operational excellence within the PTP team.

•Stakeholder Engagement:

•Collaborate with internal stakeholders, including procurement, finance, and IT teams, to ensure smooth PTP operations.

•Act as the primary point of contact for external vendors and partners, addressing any issues or concerns in a timely manner.

•Provide regular updates to senior leadership on PTP performance, migration progress, and process improvement initiatives.

Key Requirements:

•Bachelor’s degree in Finance, Accounting, Business Administration, or related field.

•8+ years of experience in Procure-to-Pay (PTP) operations, with at least 3 years in a leadership role, preferably in a Shared Services or Global Business Services (GBS) environment.

•Proven experience in managing end-to-end PTP processes, including process migration and improvements.

•Strong knowledge of process automation tools, ERP systems (e.g., SAP, Oracle), and digital transformation initiatives.

•Excellent leadership, communication, and stakeholder management skills.

•Strong analytical and problem-solving abilities with a continuous improvement mindset.

•Ability to thrive in a fast-paced, dynamic environment with a focus on operational excellence.