Lead - S2P - Duplicate prevention and vendor ledger governance

Major accountabilities:

• Manage the duplicate governance of AP process on a concurrent basis using right tool/solution at global level
• Manage the vendor reconciliation process based on agreed spend coverage
• Monitor performance of tool(Xelix) and improve it continuously as it is an AI/ML tool
• Develop and implement risk framework for duplicate analysis and prevention for countries basis Novartis's business presence and AP volume and active consultation/collaboration with GPO, operation and business
• Develop strategy for vendor account reconciliation to cover significant spend and key vendor focusing on better stake holder experience and overall cost reduction through avoidance of error
• Develop and implement adequate post-facto review mechanism to recover actual duplicates, if any.
• Create a structure for country and regional reviews for duplicates and errors in AP area
• Support control owners of associated NFCM controls to deliver best in class SoX compliance and audits.
• Provide timely statutory and country reporting information to internal and external stakeholders, including regional finance officers.
• Create feedback mechanism and knowledge management relating to key observations which will support AP delivery teams
• Manage the implementation of risk management processes and ensure existence and use of adequate risk management tools.
• Escalation management and effective RCA including implementation of remediation actions.
• Building transparency through right reporting of exceptions

Key performance indicators:

• Keeping the error rate below agreed targets
• Spend scope coverage - vendor account governance
• Timely resolution as per agreed TAT
• Control performance
• Transparency and insights - meaningful and timely
• Performing update/review of process including individual performance of team members
• Audit engagement, observations and closure

Minimum Requirements:
Work Experience:

• At least 15+ years of deep S2P domain experience
• Managing AP processes with functional breadth.
• Operations Management and Execution.
• People Leadership.

Skills:

• Excellent knowledge on AP system - ERP, Workflow and allied sub systems
• Ability to handle conflicting priorities
• Hands on experience of AP Sox controls.
• Critical Thinking.
• Data Cleansing / Normalization.
• E2E Process View.
• Embracing Change.
• Financial Accounting.
• Financial And Management Reporting.
• Interpersonal Savvy.
• Resilience.
• Tax.

Languages :

• English.