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Subject Matter Expert-P2P

Cognizant

6 - 8 years

Chennai

Posted: 26/02/2025

Job Description



Job Summary

We are seeking a Subject Matter Expert in Procure to Pay (P2P) with 4 to 6 years of experience. The ideal candidate will have a strong technical background in Finance - Procure to Pay and domain expertise in Procurement Finance and Accounting. This hybrid role requires a proactive individual who can drive efficiency and accuracy in our P2P processes.


Responsibilities

  • Lead the implementation and optimization of Procure to Pay processes to ensure seamless operations.
  • Oversee the end-to-end P2P cycle including procurement invoicing and payment processes.
  • Provide expert guidance on P2P best practices and industry standards to internal teams.
  • Analyze and resolve complex P2P issues to improve process efficiency and accuracy.
  • Collaborate with cross-functional teams to align P2P processes with overall business objectives.
  • Develop and maintain documentation for P2P processes ensuring compliance with company policies.
  • Conduct regular audits and assessments of P2P processes to identify areas for improvement.
  • Train and mentor team members on P2P processes and tools to enhance their skills and knowledge.
  • Monitor key performance indicators (KPIs) to track the effectiveness of P2P processes.
  • Implement process improvements and automation to streamline P2P operations.
  • Ensure timely and accurate processing of purchase orders invoices and payments.
  • Support the finance team in month-end and year-end closing activities related to P2P.
  • Collaborate with vendors and suppliers to resolve any P2P-related issues and maintain strong relationships.

  • Qualifications

  • Possess a strong technical background in Finance
  • Procure to Pay with at least 4 years of experience.
  • Have domain expertise in Procurement Finance and Accounting.
  • Demonstrate excellent analytical and problem-solving skills.
  • Exhibit strong communication and interpersonal skills.
  • Show proficiency in P2P tools and software.
  • Display the ability to work independently and as part of a team.
  • Have a proactive approach to identifying and addressing process inefficiencies.
  • Possess strong organizational and time management skills.
  • Show attention to detail and a high level of accuracy.
  • Demonstrate the ability to train and mentor team members.
  • Exhibit a strong understanding of P2P best practices and industry standards.
  • Have experience in conducting audits and assessments of P2P processes.
  • Show the ability to collaborate effectively with cross-functional teams.

  • Certifications Required

    Certified P2P Professional (CPP) Certified Accounts Payable Professional (CAPP)

    About Company

    Cognizant is a global leader in technology and consulting services, helping businesses transform their operations through digital solutions. Specializing in IT services, including software development, business process outsourcing, and consulting, Cognizant supports clients across industries such as healthcare, financial services, manufacturing, and retail. With a focus on innovation, Cognizant assists organizations in modernizing their technology, improving operational efficiency, and enhancing customer experiences. Headquartered in the U.S., it is consistently ranked among the most admired companies in the world and is a member of the NASDAQ-100.

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