Finance Analyst - Purchase-to-Pay - P2P
The location of the role is Osterley, London.
The duration of the contract is 12 months.
The pay rate on offer is £300 per day.
The Purchase-to-Pay GPO Analyst is a key contributor to the strategic management and optimization of the global purchase-to-pay process. This role involves overseeing and analysing end-to-end standardization of P2P processes within the business. The Analyst collaborates with cross-functional teams to enhance process efficiency, drive cost savings, and maintain compliance with internal and external standards.
Global Process Ownership:
* Take ownership of the end-to-end purchase-to-pay process, ensuring alignment and standardisation of P2P processes within the business
* Establish global standards, policies, and procedures related to purchase-to-pay.
* Conduct in-depth gap analysis of P2P processes, review and analyse processes and policies to drive standardisation
* Review metrics, trends, and key performance indicators to identify opportunities for improvement and risk mitigation.
* Provide strategic recommendations based on data-driven insights.
* Collaborate with IT teams to ensure seamless integration of P2P processes with enterprise resource planning (ERP) systems and other relevant technologies.
* Champion the adoption of new technologies to enhance process efficiency and accuracy.
Compliance and Risk Management:
* Monitor and enforce compliance with internal policies, regulatory requirements, and industry standards.
* Implement risk management strategies to mitigate potential P2P-related risks.
Training and Development:
* Develop and deliver training programs to ensure that stakeholders across the organization understand and adhere to P2P processes and procedures.
* Provide ongoing support to end-users and address any inquiries related to P2P processes.
* Bachelor's degree in Finance, Business Administration, or a related field.
* Ideally, Finance, Accounting or Procurement qualification - ideally CIMA/CPA/CA or MCIPS (Part qualified may be considered if signification relevant experience)
* Over 10 years of experience in procurement, finance, or a related field
* Specialized focus on Purchase-to-Pay (P2P) processes
* Demonstrated knowledge of global P2P best practices and industry trends
* Demonstrable analytical, critical thinking and problem solving skills
* Demonstrable experience in end to end process mapping
* Knowledge of P2P processes and systems, especially SAP Ariba and/or Open Text VIM, is highly valued.
* Experience with leading ERP systems, such as SAP or Oracle.
* Strong analytical and problem-solving skills.
* Excellent communication and interpersonal skills.
* Project management experience is a plus.