Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At Bayer you have the opportunity to be part of a culture where we value the passion of our employees to innovate and give them the power to change.

Assistant Manager - Procure to Pay

Your tasks and responsibilities

Roles and Responsibility
  • To ensure that Invoices received from Regions/countries are posted within the agreed SLA levels
  • To maintain a high target of accuracy while postings and take measures to sustain them
  • To understand the Procure to Pay cycle and liaise with Procurement Teams for PO/Vendor Related issues
  • To ensure that Team Productivity & Accuracy Trackers are maintained, reviewed and appropriate actions are taken to generate efficiencies
  • To ensure that the Vendor Reconciliations and are performed in Blackline and certify accuracy of balances
  • To address the queries received from the external vendors/business contacts within the agreed SLA with appropriate responses
  • To partner with the IT team to resolve any technical issues in the system and ensure smooth workflow ensuring Vendors get paid on time
  • To take measures for improving the accuracy standards of the team by performing a CAPA, Root Cause analysis checks
  • To calculate and post the quarterly accruals as per the CCPs
  • To manage the volumes received for the day and work with the customers/teams to meet the TAT
  • To create sufficient backups within the team to ensure continuity
  • Lead the transitions and assist the team and keep check on the action items, update the management accordingly on the issues and improvements.
  • Liaise with the internal teams- Payments & Treasury and customers for any accounting queries
  • Ensure the Preparation of the Monthly Metric Reporting, 1 pagers to Regional Finance Leads & Internal Dashboards and take actions to improve the health of the processes
  • To align the P2P processes as per the P2P Lean Global Standards and take measures to standardize the activities
  • Represent the Financial Statements to Management during Annual Balance Sheet Reviews - Payables
  • Responsible for Customer Management through timely resolution of queries, issues and enhancing customer experience
  • Presenting the P2P Metrics to the Customers and address the concerns
  • Liaise with internal and external auditors and facilitate the completion of audit requirements
  • Constant look out for Improvements through process automations and optimization of processes
  • Participate and Lead Organizational Initiatives
  • Developing and Coaching Team Members
  • Provide Guidance to the team regarding Accounting Standards and responsible for their career development
Minimum Qualification
  • Graduate/Master Degree in Commerce//CA/ICWA Inter //MBA Finance with excellent accounting skills
  • Project Management/Quality Management (Lean Sigma / Six Sigma certified)

Who you are

Minimum Qualification
  • Graduate/Master Degree in Commerce//CA/ICWA Inter //MBA Finance with excellent accounting skills
  • Project Management/Quality Management (Lean Sigma / Six Sigma certified)

Your application

Bayer offers a wide variety of competitive compensation and benefits programs. If you meet the requirements of this unique opportunity, and you have the "Passion to Innovate" and the "Power to Change", we encourage you to apply now. Job postings will remain open for a minimum of ten business days and are subject to immediate closure thereafter without additional notice. To all recruitment agencies: Bayer does not accept unsolicited third party resumes.




Bayer welcomes applications from all individuals, regardless of race, national origin, gender, age, physical characteristics, social origin, disability, union membership, religion, family status, pregnancy, sexual orientation, gender identity, gender expression or any unlawful criterion under applicable law. We are committed to treating all applicants fairly and avoiding discrimination. 

Country: India
Location: Bangalore, Karnataka
Functional Area: [sap_fa_3]
Entry Level: 5

Last update: Mar 1, 2019   Copyright © Bayer AG