Global Procurement - Vice President - Global Payments and Reconciliations

Deutsche Bank

5 - 10 years

Jaipur

Posted: 3/27/2025

Job Description

Job Description:

Job Title: Global Procurement - Vice President - Global Payments and Reconciliations

Location: Jaipur ,India

Role Description

  • This role has the accountability to support the delivery of the Global Procurement and Travel Operations vision and strategy for Procure to Pay processes & will manage the Global Payments team responsible for Payment Run, Payment Approvals and Bank Account Reconciliations.
  • This role will also drive upcoming projects and on-demand tasks such savings initiatives, audits, data requests or transformation initiatives
  • Candidate requires strong collaboration skills and dedication and initiative as Candidate is required to work closely with the Global Procurement teams and other regional operations leads across DB. Preference that Candidate has experience with SAP & S4 Hana Accounts payable module with ARIBA background, Knowledge of excel, word and power-point is required as well.
  • Additionally role will also involve franchise Building, leading development of team members, owning & ensuring performance on SLAs, KPIs and KRIs, reporting, supporting benchmarking activities and monitoring performance against agreed metrics.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

  • Best in class leave policy
  • Gender neutral parental leaves
  • 100% reimbursement under childcare assistance benefit (gender neutral)
  • Sponsorship for Industry relevant certifications and education
  • Employee Assistance Program for you and your family members
  • Comprehensive Hospitalization Insurance for you and your dependents
  • Accident and Term life Insurance
  • Complementary Health screening for 35 yrs. and above

Your key responsibilities

  • Manage the Global payments team responsible for Payments processing, Bank Reconciliations, return investigation and processing, Vendor Credit recovery and payment approvals etc.
  • Excellent Knowledge of Payment processes
  • Implementation of new operational processes, solutions, policies, ensure stability of existing operations at all times to meet the global / region control requirements.
  • Understanding of various stages of Procure to Pay (P2P) cycle, which includes Vendor Management Process, Invoice processing, Payment Processing and Vendor / Bank Reconciliation -Accounts payable /receivable experience.
  • Strong Knowledge of SAP /S4HANA which can help in providing technical support and system changes with finalization of all the process BRD and UAT in addition to the regular activities.
  • Will be responsible to identify issues and provide feedback to improve quality and reduce defects.
  • Have an eye for detail and willingness to question current state practices
  • Drive process improvement and system enhancements to improve the efficiency of Payment processes.
  • Open minded, able to share information, knowledge and expertise with peers and team members.
  • Independent, self-motivated and a team player.
  • Leads the development of SLAs, KPIs and KRIs, support benchmarking activities and monitor performance against agreed metrics.
  • Driving Change management including automation with an approach to bring process improvement ideas & efficiency Ability to understand the upstream and downstream impact of payment task, payment approvals and reconciliation.

Your skills and experience

  • 15+ years of post-qualification work experience in Payment Processing and Bank Reconciliations with team management experience of minimum 8yrs.
  • Strong understanding of accounting knowledge & concepts
  • Good analytical and effective communication skills with ability to influence and interact with all levels of the organization.
  • Independent self-starter with excellent time management skills and ability to prioritize multiple tasks and changing priorities.
  • Sound Knowledge of ERP systems like SAP, S4HANA, ARIBA and MS Office
  • CA/ MBA Finance/ Commerce Post Graduate /Graduates with good academic record
  • Good understanding of end-to-end source to pay operations.
  • Excellent verbal and written communication skills with Strong analytical and problem-solving skills and organizational skills

How we’ll support you

  • Training and development to help you excel in your career
  • Coaching and support from experts in your team
  • A culture of continuous learning to aid progression
  • A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

About Company

Deutsche Bank is a multinational investment bank and financial services company, offering services like asset management, corporate banking, and investment banking. The company is a major player in global financial markets, focusing on risk management and capital raising for clients.

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