P2P Manager Job Description (2024)

P2P Manager Job Description (1) P2P Manager Job Description (2)

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Description

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We are looking for a highly skilled and experienced P2P Manager to oversee and optimize our Procure-to-Pay (P2P) process. The ideal candidate will have a deep understanding of procurement, accounts payable, and supply chain management. You will be responsible for managing the end-to-end P2P process, ensuring efficiency, accuracy, and compliance with company policies and regulations. This role requires strong leadership skills, as you will be leading a team of procurement and accounts payable professionals. You will also be responsible for developing and implementing strategies to improve the P2P process, reduce costs, and enhance supplier relationships. The P2P Manager will work closely with various departments, including finance, operations, and IT, to ensure seamless integration and alignment of the P2P process with overall business objectives. Additionally, you will be responsible for monitoring key performance indicators (KPIs) and reporting on the performance of the P2P process to senior management. The successful candidate will have excellent analytical and problem-solving skills, as well as the ability to work in a fast-paced and dynamic environment. If you are a proactive and results-oriented professional with a passion for process improvement and operational excellence, we would love to hear from you.

Responsibilities

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  • Manage the end-to-end Procure-to-Pay (P2P) process.
  • Develop and implement strategies to improve the P2P process.
  • Ensure compliance with company policies and regulations.
  • Lead and mentor a team of procurement and accounts payable professionals.
  • Collaborate with various departments to ensure seamless integration of the P2P process.
  • Monitor key performance indicators (KPIs) and report on P2P performance.
  • Identify and implement cost-saving opportunities.
  • Enhance supplier relationships and negotiate favorable terms.
  • Oversee the implementation of P2P software and tools.
  • Conduct regular audits to ensure process accuracy and efficiency.
  • Resolve any issues or discrepancies in the P2P process.
  • Develop and maintain P2P process documentation.
  • Provide training and support to team members and stakeholders.
  • Stay updated on industry trends and best practices.
  • Ensure timely and accurate processing of purchase orders and invoices.

Requirements

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  • Bachelor's degree in Finance, Accounting, Business Administration, or related field.
  • Minimum of 5 years of experience in procurement, accounts payable, or supply chain management.
  • Proven experience in managing and optimizing the P2P process.
  • Strong leadership and team management skills.
  • Excellent analytical and problem-solving abilities.
  • Proficiency in P2P software and tools.
  • Strong understanding of procurement and accounts payable principles.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced and dynamic environment.
  • Strong attention to detail and accuracy.
  • Ability to develop and implement process improvement strategies.
  • Knowledge of industry trends and best practices.
  • Experience in conducting audits and ensuring compliance.
  • Strong negotiation skills.
  • Ability to collaborate effectively with various departments.

Potential interview questions

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  • Can you describe your experience with managing the P2P process?
  • How do you ensure compliance with company policies and regulations in the P2P process?
  • Can you provide an example of a cost-saving initiative you implemented?
  • How do you handle discrepancies or issues in the P2P process?
  • What strategies do you use to enhance supplier relationships?
  • How do you monitor and report on the performance of the P2P process?
  • Can you describe a time when you successfully led a team through a process improvement initiative?
  • What P2P software and tools are you proficient in?
  • How do you stay updated on industry trends and best practices?
  • Can you provide an example of how you resolved a complex problem in the P2P process?

Procurement

Accounts Payable

Supply Chain Management

Process Improvement

Cost Reduction

Compliance

Supplier Negotiation

Team Leadership

Analytical Skills

Problem-Solving

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P2P Manager Job Description (2024)
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