Sr. Process Expert P2P
Pune, IN
About SKF
SKF started its operations in India in 1923. Today, SKF provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.
SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.
About the organization: www.skf.com/in
SKF India has been recognized as a "Top Employer 2024" by the Top Employers Institute, acknowledging excellence in People Practices.
About Top Employer Recognition
SKF Purpose Statement
Together, we re-imagine rotation for a better tomorrow.
By creating intelligent and clean solutions for people and the planet
JOB DESCRIPTION
Job Title: Sr. Process Expert P2P
Reports to: Regional Service Delivery Lead P2P
Role Type: Team Handling
Location: Pune
Your day-to-day work/ Key Responsibilities:
- Supervise the end-to-end P2P Process including Invoice processing, Payments, provisioning, audits & Internal controls
- Manage monthly sub ledger reconciliations, review financial reports to identify and explain variances, and follow documentation & maintain accounting files
- Supervise payment proposals and checking of open advances, debits/credits and ensuring End to End ownership of payment process
- Ensure timely and accurate processing of all account payable invoices. Maintain all financial information and records.
- Ensure documentations are prepared and in compliance with all related regulatory guidelines and applicable policies
- Provide advice on revenue and expenditure trends and financial commitments and develops solutions to resolve accounting discrepancies and other financial issues
- Lead the team in performing month-end and year-end closing by ensuring any reconciling items are addressed and overall timely execution of high quality and accurate processes.
- Provide technical support & advise along with performance coaching to Process Analysts
- Provide support to all internal and external audits as initiated from time to time
- Work in close collaboration with external service provider/outsource partner
- Lead all continuous improvement and optimization projects for P2P
- Responsible for performance delivery according to agreed SLAs, & KPIs in line with the Shared Service Centre standards and respective country norms
We offer:
- A stimulating and challenging job in an international and developing environment
- Opportunity to be part of an experienced and open-minded team
- Get an in-depth knowledge of best-in-class Finance processes
We expect you to have:
- Superior understanding of overall Finance & Accounting with strong exposure to P2P function
- Good Organizational and planning skills, including ability to: prioritize work, handle multiple tasks simultaneously, set goals and enforce deadlines, while maintaining flexibility to reassess and prioritize goals
- Experience with MS Office required and superior understanding of Finance systems/ERP
- Strong written and verbal communication and analytical skills
- Ability to challenge the standard/Status- Quo in order to secure accounting and improve processes. Open minded when it comes to changes.
Academic & Work Profile:
- Bachelor’s degree / Master’s Degree with a specialization in accounting
- 11-16 years of professional work experience in P2P function (reporting & processing) with 4+ years of experience in leading a team (Strong in Team Management)
- Exposure working in SAP P2P (Part of SAP transitions would be added advantage)
- Experience of working in a Manufacturing Set-up/ Exposure working in a Shared services Centre will be an added advantage
Interested candidate/s can share their resume to machindra.kokare@skf.com