P2P Process Manager (Payments Operations
Majid Al Futtaim
مجموع سنوات الخبرة :13 years, 11 أشهر
Hire, develop and manage a team of individual contributors Egypt GS Payment team
•Ensure weekly payments plans are completed timely and accurately
•Oversee processes related to invoice receipt, invoice booking, payments, month-end Activities, coordinate with Procurement for any P2P vendor master data amendments
•Becoming key point of contact for Finance BU teams for any P2P queries or escalations
•Recognize and communicate potential issues/risks and escalates to Tower Lead and identifying process improvements
•Work with P2P Tower lead to ensure the metrics targets as per SLA are met and implement actions to improve process performance and KPIs
•Handling all vendor queries on a timely manner and performing vendor SOA Recs
•Develop collaborative relationships with key stakeholders across the company to strategically develop, implement and optimize processes and programs that enable the S2P operations to scale
•Coordinating with Treasury cash flows for funds availability and releasing payments accordingly ___________________________________
Become a subject matter expert on the day to day responsibilities of all Egypt disbursement center activities (MENAT Region)
•Identify process improvement opportunities and lead simplification initiatives, Lead the implementation of disbursement tools
•Monitor Egypt center disbursement team to make sure payments are processed within agreed SLA and report performance KPIs
•Ensure all policies and procedures which apply to any disbursement activity Participate in regional/global roll-ups/reviews and closing activities
•Support Business leadership, establish insightful analysis on treasury disbursements performance as needed ___________________________________
Maintained banking relations and managed bank accounts with the organization.
•Handling the vendors Payments & preparing WHT quarterly reports
•Manages monthly closing of financial records and posting of month end information; ensures accuracy of financial statements
•Effectively support various GE Teams with AP and controllership data requests
•Resolve Accounts Payable issues by liaising with client and vendor ___________________________________
Prepare sales invoices, management accounts and manage suspense accounts
•Prepare bank reconciliation
•Coordinate with external and internal auditors ___________________________________
Prepare invoices and expense statements
•Prepare employee expense payments
•Liaise with vendors and internal departments on all queries relating to AP
•Payments to vendors as per company policy & performing vendor SOA reconciliations
•Prepare bank reconciliations & Quarterly WHT Reports
•Prepare the information requested by internal and external Auditors
•Ensure accurate and timely month end close for corporate reporting ___________________________________
Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions
•Preparation of the internal and external Audit requirements
•Follow up to get payment details for proper cash application and collection process.
•Investigate and resolve customer queries
•Preparation of Tax Filling data & requirements of Corporate, Salaries & Stamp tax inspection
•Participate in monthly/quarterly balance sheet accounts reconciliations Internships: