FAAS-FSO-MS-Senior
Ernst & Young (EY)
5 - 10 years
Kolkata
Posted: 26/05/2025
Job Description
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
EY- ASSURANCE – SENIOR/ASSISTANT MANAGER- FAAS – PROCURE TO PAY (P2P)
As a member of the EY Assurance Team, the Senior/Assistant Manager will be responsible for working closely with FAAS managers/Senior Manager and Senior Managers on clients and engagements across America and EMEIA regions to provide end to end Procure to Pay services.
THE OPPORTUNITY
We’re looking for incumbents who is responsible for the timeliness and quality of the work as per Project requirements for our FAAS team. The role requires prior experience and knowledge of leading Procure to Pay function i.e., purchase order management, Invoice Processing, vendor payments, vendor payment deduction management, tax compliance, ledger reconciliation and period end reporting.
KEY RESPONSIBILITIES
- Responsible for processing of day-to-day recording of all purchase related activities, including purchase order management, invoice processing, payment processing, vendor ledger reconciliation and vendor data management.
- Ensure timely resolution of queries of vendors, clients and other stakeholder related to procurement activities.
- Collaborate with cross-functional teams to streamline end-to-end procure-to-pay processes, optimizing efficiency and cost-effectiveness.
- Analyse and interpret complex financial data related to procurement, accounts payable, and working capital management, providing strategic insights to Manager/Senior manager.
- Maintain and update records, databases, and documentation as needed in electronic form, for audit purposes.
- To identify and implement continuous improvement opportunities for all procure to pay processes enabling more effectiveness and efficiency in the overall delivery framework.
- Ensure adherence to KPIs, SLAs, and manage escalations, if any.
- Ensure compliance with control procedures, relevant regulatory requirements, and accounting policies.
- Assistance in development of internal documents, processes, controls, SOPs, and flowcharts to facilitate smooth transaction processing.
- Conduct meticulous reviews of the work carried out by staff and provide insightful commentary.
- Ensure high-quality client service delivery, communicate progress to supervisors, and meet client requests in a timely manner.
- Assist in the development and management of relationships with both external and internal (EY) clients.
SKILLS AND ATTRIBUTES FOR SUCCESS
- Strong knowledge and proficient in handling large-scale Procure to Pay function and control framework management.
- Proficiency in investigating client queries and emerging matters, encompassing regulations, industry norms, and novel technologies.
- Excellent analytical skills for managing multiple tasks effectively.
- Familiarity with ERP systems like SAP, Microsoft Dynamics D365, Ariba, Right Angle and Blackline, etc.
- Strong interpersonal skills, bridging organizational boundaries and geographical locations.
TO QUALIFY FOR THE ROLE, YOU MUST HAVE
- Postgraduate in Accounts and Finance. Professional degree like CA, ACCA (UK), CPA, MBA will be an added advantage.
- 3 – 6 years of post-qualification experience including experience in MIS reporting.
- Proficiency in MS – Excel, MS – Office.
- Knowledge on Crude oil or Hydrocarbon accounting will be an added advantage.
- Flexibility and willingness to travel on short notice, as necessary.
- Strong communication & highly proactive in approach.
- Flexible and open to US shifts as per business requirements as and when required.
EY | Building a better working world
_x000D_ EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
_x000D_ Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
_x000D_ Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
About Company
Ernst & Young (EY) is a global professional services firm specializing in audit, consulting, tax, and advisory services. Headquartered in London, EY operates in 150+ countries, serving businesses across various industries. The firm is known for helping clients navigate financial regulations, optimize operations, and implement innovative technologies. EY is also a leader in risk management, mergers & acquisitions, and sustainability consulting. With a strong focus on digital transformation and AI-driven solutions, EY continues to be a trusted partner for corporations worldwide.
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