Manager Finance - P2P (Procure To Pay)

About the job

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.

Trusted by the worlds leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and specialty threads.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.

Following the acquisition of Texon and Rhenoflex, new Coats Footwear now has a complete range of footwear components to meet your needs, from heel counters to toe puffs and everything in-between. Through our technologically diverse product portfolio, we can cater to both current and future trends, setting new standards in the process, turning customer ideas into a reality and accelerating sustainability.

Headquartered in the UK, Coats* connects talent, textiles, and technology to make a better and more sustainable world.

For more info, visit our website: www.coats.com

Role Purpose

1. Global process lead where key focus will be on Standardization, Simplification and Automation of Transactional activities
2. Service delivery lead - Ensure consistent service delivery across tower/ units from the shared service provider for transactional services.

The role requires drive to identify and pursue value add opportunities, extensive collaboration with business, finance and technology stakeholders and energy to implement effective end to end solutions to deliver enhanced efficiency and productivity

Principal Accountabilities and Key Activities

• Ensure Compliance to Global Procedures and Operating Methodologies (GPOM) in transactional area and refine GPOM on an ongoing basis (continuous improvement)
• End to end procure to pay (P2P) knowledge with hand on SAP experience at transactional level to guide the service provider to improve efficiency in operations. Read soft working knowledge is good to have.
• Understanding of VDMS and vendor management with focus to improvement in vendor related metrices
• Robotics process automation - Identification of opportunities to simplify operational process and automate them with help of bot solutions to create more efficiencies. Knowledge of BOT solutions/ platform (preferable)
• Review and revise Global standard operating procedures (SOPs) to align to the improved process and practice.
• Ensure consistent levels of service delivery by the service provider and engage with units in service to improve/ sustain them. Review key performance metrics and contractual service level established with service provider and validate them in defined frequency
• Define and update Risk and Control matrix (RACM), review and resolve RACM audit findings. Support Coats Group Internal Audit and External Audit teams in their assignments
• Providing support and guidance to the business through implementation of standardized processes and controls, monitoring compliance with group policies and procedures and applicable laws and regulations.
• Plan & conduct reviews on financial and operational aspects and identify control deficiencies, suggest improvement

Education, Qualification and Experience:

Essential:

• Qualified accountant with minimum 5 years of experience in P2P. At least 3 years of exposure to operational finance preferred. PTP knowledge is essential OR
• Semi qualified Accountant with minimum 8 years of accounting and finance experience (PTP). At least 3 years of exposure to operational finance preferred.
• Strong leadership skills, exposure to operate with senior finance team, leading and developing remote teams
• Non-positional influencing skills

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  Hands on with accounting principles and procedures
• Internal Accounting standards knowledge
• Strong written + verbal communication skills
• Proficiency in SAP finance modules
• Proficiency in advance MS Excel
• English Proficiency

Desirable

• Strategic thinking
• Stakeholder management
• Pro-activeness
• Communication, ability to challenge, persuade and influence
• Conflict management
• Analytical, logical thinking skills
• Emotional intelligence
• Growth mindset
• Readsoft

Ability to get into details without losing sight of the macro picture.

At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.

Apply now to be part of our dynamic team and help shape the future of textiles.