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Team Lead-P2P

Cognizant

10 - 12 years

Chennai

Posted: 26/02/2025

Job Description



Job Summary

We are seeking a highly skilled and experienced Team Lead-P2P with 6 to 10 years of experience in Finance - Procure to Pay. The ideal candidate will have a strong background in managing P2P processes and will be responsible for overseeing the end-to-end P2P cycle. This role is hybrid with day shifts and does not require travel.


Responsibilities

  • Lead the Procure to Pay (P2P) team to ensure efficient and accurate processing of transactions.
  • Oversee the end-to-end P2P cycle including procurement accounts payable and vendor management.
  • Provide guidance and support to team members to ensure adherence to company policies and procedures.
  • Monitor and analyze P2P metrics to identify areas for improvement and implement corrective actions.
  • Collaborate with cross-functional teams to streamline P2P processes and enhance overall efficiency.
  • Ensure timely and accurate processing of invoices purchase orders and payments.
  • Develop and maintain strong relationships with vendors to ensure smooth and efficient transactions.
  • Conduct regular audits of P2P processes to ensure compliance with internal controls and regulatory requirements.
  • Provide training and development opportunities for team members to enhance their skills and knowledge.
  • Lead process improvement initiatives to drive efficiency and cost savings within the P2P function.
  • Ensure accurate and timely reporting of P2P metrics to senior management.
  • Manage and resolve any issues or discrepancies related to P2P transactions.
  • Stay updated on industry trends and best practices to continuously improve the P2P function.

    • Qualifications

  • Possess a minimum of 6 years of experience in Finance
  • Procure to Pay.
  • Have a strong understanding of P2P processes including procurement and accounts payable.
  • Demonstrate excellent analytical and problem-solving skills.
  • Exhibit strong leadership and team management abilities.
  • Show proficiency in using P2P software and tools.
  • Have excellent communication and interpersonal skills.
  • Display a high level of attention to detail and accuracy.
  • Be able to work effectively in a hybrid work model.
  • Have experience in process improvement and change management.
  • Show a commitment to continuous learning and professional development.
  • Be able to work independently and as part of a team.
  • Demonstrate a strong understanding of internal controls and regulatory requirements.
  • Have a proactive and results-oriented approach.

    • Certifications Required

    Certified Accounts Payable Professional (CAPP) or equivalent certification preferred.

    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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