Senior Consultant - Business Consulting PI - TMT - CNS - BC - FINANCE - Chennai
Job description
Requisition Id: 1743259
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.
The opportunity : Senior Consultant-TMT-Business Consulting PI-CNS - BC - FINANCE - Chennai
TMT :
Industry convergence offers TMT (Technology, Media & Entertainment, and Telecommunications) organizations the chance to evolve and transform, but it also presents challenges around competitiveness and delivering agile corporate strategies for growth. Content distributors are transforming into content producers, service providers are becoming tech companies, technology companies are the catalyst for dramatic change in every sector, and customers want the latest innovations now.
We help TMT companies create compelling employee and customer experiences, retaining skills and talent while achieving enterprise-wide operational excellence. We help them protect their data, brand and reputation. We also enable the pursuit of M&A strategies that systematically create value, reduce risk and transform TMT companies into powerhouses that will lead the technology revolution of the future – building a better working world for all.
CNS - BC - FINANCE :
EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services.
Business Consulting works with clients to reimagine or transform their business purpose and model; create growth; manage cost and efficiency; respond to market pressures and regulation; and resolve operational challenges. The scope of this team encompasses innovation, strategy and purpose, through deep functional experience in business transformation, finance, supply chain and operations, providing support for the complex and large-scale program and portfolio management.
It has multiple fields of play such as:
Finance Consulting - helps assess and transform our clients' finance function to improve performance and effectiveness. We help organizations implement service and cost improvement initiatives, and embed a performance management process and culture that unites the business around its core objectives.
Business Transformation - a m?ultidisciplinary competency, gathering capabilities in transformation architecture, experience design, business design and transformation execution to problem-solve, design and deliver large scale, multi-year, multi-stakeholder transformation programs.
Supply Chain and Operations - we provide a unique combination of industry-specific, strategic, operational and financial insights, digital technology advances and strategic alliance partners to deliver better outcomes and also help clients effect fundamental change in their operations’ performance to support sales growth, become more cost competitive, minimize risk and ensure operational resilience.
Your key responsibilities
Technical Excellence
- Role Profile JOB TITLE Supervisor – Procure to Pay JOB SUMMARY The role supervises end-to-end PTP delivery across invoice processing, payments, vendor queries, reconciliations and exception resolution. The role leads the team, monitors service performance and maintains effective controls. The role also analyses AP reports, including ageing reports, payment forecasts and KPIs, to identify trends and support management decision-making. KEY RESPONSIBILITIES 1. Team Leadership and Management:
- Supervise, mentor, and train a team of PTP Specialists.
- Delegate tasks effectively and monitor team performance against established goals and KPIs.
- Conduct regular performance reviews and provide constructive feedback to team members.
- Foster a positive and collaborative team environment.
- Address and resolve employee issues and concerns promptly and effectively.
- Ensure adequate staffing levels and manage team schedules. 2. PTP Process Oversight:
- Oversee the entire PTP process, from purchase requisition to payment disbursement.
- Ensure accurate and timely processing of invoices, T&E claims, purchase orders, and payment requests.
- Identify and implement process improvements to enhance efficiency and accuracy within the PTP cycle.
- Monitor and resolve discrepancies related to invoices, purchase orders, and payments.
- Maintain strong relationships with internal stakeholders (e.g., Purchasing, Receiving, Finance) to ensure smooth PTP operations. 3. Compliance and Controls:
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Maintain and enforce internal controls to safeguard company assets and prevent fraud.
- Participate in internal and external audits, providing necessary documentation and support.
- Stay up-to-date on changes in accounting regulations and best practices. 4. Reporting and Analysis:
- Analyze accounts payable reports, including aging reports, payment forecasts, and key performance indicators (KPIs).
- Identify trends and anomalies in accounts payable data and recommend corrective actions.
- Provide timely and accurate information to management as requested. 5. Problem Solving and Issue Resolution:
- Serve as a point of escalation for complex accounts payable issues.
- Investigate and resolve discrepancies, errors, and other problems in a timely and efficient manner.
- Develop and implement solutions to prevent recurring issues.
- Reviewing and approving vendor statement reconciliations and ensuring timely resolution of outstanding items. 6. System Management:
- Work with IT and other departments to maintain and improve the accounts payable system.
- Participate in system upgrades and implementations.
- Troubleshoot system-related issues and provide support to team members. ROLE-SPECIFIC SKILLS/ATTRIBUTES Skills/Experience
- Graduate with 5-8 years of experience in PTP.
- Strong knowledge of processes, including invoice validation, PO matching, reconciliations, and exception handling.
- Experience in supervising delivery of PTP processes.
- Experience in invoice and vendor management, including resolution of supplier queries.
- Self-motivated.
- Commercially focused with a strong Client service approach.
- Confidence in dealing with and building relationships both internally and externally.
- Well organized with strength in prioritizing.
- Flexible attitude to achieve results.
- Calm under pressure.
- Proficiency in ERP platforms, along with advanced Microsoft Excel and reporting skills.
- Strong knowledge of end-to-end Accounts Payable processes, including invoice validation, PO matching, reconciliations, and exception handling.
- Ability to manage supplier queries, prioritize aging items, and meet agreed turnaround times and service-level requirements. Signed: ………………………………………………………………… Signed: …………………………………………………... (Employee) (Manager)
Skills and attributes
To qualify for the role you must have
Qualification
- Bachelor of Commerce
- Bachelor of Business Administration
- Master of Commerce
Experience
- Financial Analysis (3+ years)
What we look for
People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.
What we offer
Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities.
EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.
Join us in shaping the future with confidence. Apply Now