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Assistant Vice President - Procure To Pay

5-10 years

Kolkata

1 vacancy

Assistant Vice President - Procure To Pay

Genpact

posted 16d ago

Job Description

Inviting applications for the role of Assistant Vice President, Procure to Pay
The leader is responsible for directing the team and ensuring smooth delivery of end-to-end outsourced services in F&A AP domain and ensuring customer happiness & increased revenue through client up-sell. The individual would be responsible for effective delivery of planned SLA s, lead client executive reviews, identify projects to meet productivity targets and work closely with transformation teams to successfully meet client deliverables. The individual needs to work closely with global teams including VP, RPA delivery team and client leadership successfully.
This role may involve directly managing multiple portfolio/clienteles across various regions and reporting to Global Operations leader, with the responsibility of planning and delivering Digital Operations strategy in the lead role.
Responsibilities
  • Lead large teams, groom, and enable career progression while encouraging Genpact culture (CI2). Achieve /exceed retention targets.
  • Lead the delivery of outsourced services F&A AP to ensure customer happiness and increased revenue through client up-sell
  • Ensure all month-end activities are completed within agreed time and of the highest quality and ensure metrics are met as per agreed critical metrics / SLAs targets as applicable.
  • Handling internal & External Audits Support Ops Compliance / Surveillance teams to ensure zero audit observations and findings. Extensively involved in building MAPs Management action plans wherever required and applicable. This needs outstanding governance in checking for policy and practice adherence
  • Review the teams day to day activities, including but not limited to invoicing, audit requests, analysis and other requests pertaining to the accounts payable process
  • You should partner with your global teams to set up and monitor vendor master file, Payments, T&E Processing and Audits, External Regulatory reporting (Example- 1099, DADS2 etc.), Helpdesk, Statement Auditing, Escheatment Function, VAT and Other Special Processes.
  • Take the lead in working with digital teams on introducing breakthrough technology solutions into operations, especially RPA
  • Run operations to achieve/exceed P&L expectations
  • Respond to customer requests from legal, internal/external audit or business units, assisting with management response and resolution for in scope areas of responsibility
  • Demonstrate lean six sigma framework to drive continuous performance improvement and drive transformation agenda
  • Implement appropriate mechanisms to identify, understand and call out performance gaps and/or performance breakthroughs. Develop and implement improvement plans to close performance gaps.
  • Collaborate in the new deal process including solutioning, pricing, due diligence, transition, and stabilization. Should be able to work with the customer independently and carve out the desired scope / solution.
  • Work closely with client CXO s and process owners, Genpact operating teams and global relationship managers for key accounts
  • Develop a strategy for winning and transitioning new deals while running and growing the existing relationships
  • Be responsible for ensuring the right solution is proposed for new deals, actively participating in the deal process, aiding, and enabling robust transitions, delivering ongoing client happiness through consistent high class service delivery, and thereby ensure high NPS, cross sell and profitability
  • Own the way in implementing modern technologies in operations and display a strong executive presence
Qualifications we seek in you Minimum Qualifications
  • MBA Finance preferred
  • Relevant experience in Accounts Payable domain
  • Intellectual agility and analytical outlook
Preferred Qualifications
  • Preferably from a service industry
  • Effective communication / articulation skills

Employment Type: Full Time, Permanent

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What people at Genpact are saying

3.5
 Rating based on 92 Assistant Vice President reviews

Likes

Work life balance is mostly good

  • Job security - Good
    +2 more
Dislikes

Hybrid work model applies to operations teams and functional teams do not follow it Visibility and opportunities for growth are more concentrated if you are working from NCR

    Read 92 Assistant Vice President reviews

    Assistant Vice President salary at Genpact

    reported by 1.4k employees with 10-25 years exp.
    ₹18 L/yr - ₹60 L/yr
    21% more than the average Assistant Vice President Salary in India
    View more details

    What Genpact employees are saying about work life

    based on 30.3k employees
    61%
    84%
    69%
    58%
    Flexible timing
    Monday to Friday
    No travel
    Day Shift
    View more insights

    Genpact Benefits

    Work From Home
    Job Training
    Soft Skill Training
    Cafeteria
    Health Insurance
    Team Outings +6 more
    View more benefits

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    Genpact Kolkata Office Locations

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    Kolkata Office
    Kolkata: Unitech Hi-Tech Structures Ltd, IT/ITES SEZ Block-G, Tower-G3, Infospace, Ground & 1st Floor, Plot No. 1, 2, 3 & 3/1, Block-DH, Jyoti Basu Nagar, Action Area-II, Rajarhat, Kolkata. Kolkata
    700156
    Kolkata Office
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    700091

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