FS-RISK CONSULTING-FS FINANCE-SOURCE TO PAY-SENIOR

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. 

Position -        Senior (Source to Pay)

Experience -   5+ Years

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

Job summary:

We are looking for an experienced individual to oversee all Source to Pay related processes (Strategic Sourcing, Tactical Buying, Spot buying, Purchase Requisition creation, PO Placement, Catalog creation and Maintenance, Vendor management, Customer Assistance Centre, Analytics, Tail spend Analytics, Goods Delivery, Reporting and fair knowledge on Accounts payable related processes.

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.

This is a fantastic opportunity for a professional who thrives in a busy workplace and is well-versed in working closely with the Senior Management.

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.
  • 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.

To qualify for the role, you must have.

• 5+ 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 | Building a better working world 

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.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.