EY FS-RISK CONSULTING-FS FINANCE-SOURCE PAY-MANAGER 

India, Maharashtra, Pune 

226691833

Job summary:

A successful candidate will be responsible for working with clients to create and develop the source to pay processes by suggesting relevant ERPs that suit the client’s requirements.

Key Responsibilities:

• Sourcing and Supplier Management
  • Lead end to end sourcing process, ensuring alignment with business needs and cost optimization
  • Develop and maintain strong relationships with suppliers, identifying for improvements in cost, quality and delivery.
  • Oversee Supplier onboarding, ensuring all necessary documentation and compliances are completed.
  • Collaborate with procurement teams to define and supplier performance metrics and KPIs
• Procurement Process Optimization
  • Ensure proper use of procurement tools and platforms (eg. SAP, Ariba, Coupa, Zycus, etc.) and provide training and support as needed.
  • Monitor the procurement process to ensure compliance with internal policies, external regulations, and industry best practices.
  • Lead the creation and issuance of purchase orders and monitor their status to ensure timely delivery of goods and services.
• Payment Processing and Financial Control
  • Oversee the payment process from order receipt to supplier payment, ensuring timely, accurate, and compliant financial transactions.
  • Collaborate with the finance team to resolve any discrepancies between purchase orders, invoices, and payments.
  • Ensure all payments are processed in accordance with contractual terms, company policies, and financial controls.
  • Manage the integration of procurement and accounts payable systems to enhance process visibility and reporting.
• Cross-functional Collaboration
  • Act as a liaison between Procurement, Finance, IT, and other departments to align sourcing strategies, procurement processes, and payment timelines.
  • Provide regular reports to senior management on S2P performance, process improvements, and cost-saving initiatives.
  • Lead or participate in cross-functional projects aimed at improving procurement practices, financial efficiency, and compliance.
• Compliance and Risk Management
  • Ensure that all sourcing, procurement, and payment activities comply with corporate policies, local regulations, and industry standards.
  • Mitigate risks associated with supplier relationships, procurement fraud, and payment errors through proactive monitoring and controls.
  • Work closely with internal audit and legal teams to ensure that contractual terms, vendor agreements, and payment terms are properly managed.
• Team Leadership and Development
  • Lead and mentor a team of procurement and payment professionals, fostering a culture of collaboration, continuous learning, and high performance.
  • Provide training, guidance, and development opportunities to team members on best practices in sourcing, procurement, and payment processes.
  • Drive the adoption of new tools, technologies, and methodologies to enhance team performance and business outcomes.

To qualify for the role, you must have.

• 12+ years of work experience preferably in Banking/Insurance industry or big 4 consulting firm.
• In-depth knowledge of Source to Pay related processes as well as an excellent stake holder management.
• Foundational accounting and finance knowledge, experience with financial products and understanding of the life cycle of a transaction as it relates to data attributes.
• Strong excel skills
• Demonstrated strong written and oral communication skills.

Ideally, you’ll also have

• Professional Qualification
• Proficiency in MS – Excel, MS – Office, RPA, Blue prism, UI Path, AI related tools
• Deep understanding of Source to Pay processes
• Strong analytical thinking and problem-solving skills.
• Excellent written and verbal communication skills with the ability to present complex financial concepts to a broad audience.
• Exposure to various ERP’s such as SAP, Ariba, Coupa, Zycus, Service Now, JIRA, ZIP, MS365, Oracle.

What we are looking for

• A team player with a curious mindset – should be open to continuous learnings and improvements.
• Individual contributor / small team – so must drive end to end.
• Self-driven with an ability to produce high quality output and self-checks with minimal supervision.

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.