Provisioning, PR, Rico, Receiving and PO closure Management Management of 2500+ Purchase Requisition creation anually in SNAPS for Rs 1800 Cr as per input receieved from function post validating the completeness of input
Ensuring the PR is created in correct CDR and with correct description for accurate accounting and TDS rate
Monitoring the TAT for creation of PR within 3 working days post receipt of input
Management of Rico request in SNAPS for increasing the PO value or in releasing the PO value as per input receieved from function
Validation of provision submitted by function for 17+ Cobrand partners, 7+ Banking Partners, 150+ LG vendors and 50+ Digital
Marketing vendor and highlighting the under/over provision to function for near to actual provision Approvals of all PR created for
Cobrand Partners, Banking Partners, LG Vendor and Digital Marketing Vendors in SNAPS by team with approvals and agreement rates
Ensuring Financial Receiving in PO post creation of PO for Cobrand Partners, Banking Partners, LG Vendor & Digital Marketing Vendors
Managing PO Closure basis the input received from function post evaluating that no invoice is pending for payment Provision Vs Actual cost variance analysis for Cobrand Partners, Banking Partners, LG
Vendor & Digital Marketing Vendors and communication to respective function for seeking amendments approvals 2
Invoice validation & processing and SLA Penalty Validation Management of Invoice Validation for 18K invoices annually for Rs 1800 Cr basis agreement rate and defined terms post function validation
Ensuring validation of Invoice within 4 working days post reciept of invoice in Billing COE queue
Ensuring correct SLA penalty is levied by function as per agreement terms in case of non-adherence
Ensure No Duplicity invoice submitted by function/Vendor is processed
Managing 4500+ Invoice submission annually in Enterprise supplier portal post complete maker checker validation for Cobrand Partners, Banking Partners, LG Vendor & Digital Marketing Vendors
Training , guiding , coaching & mentoring team in understanding the process and queries related to invoice processing
Identifying the areas of improvement in terms of standardization & simplification of process for reducing TAT and building qualitative check 3
Payout Computation for LG Vendor, Digital Vendor and Cobrand & Banking Partners
LG Vendor- Managing Payout computation for 150+ LG Vendor for RS 100 Cr + annually on final approved application basis payout grid defined in agreement and terms & Condition of respective vendor
Ensuring Duplicity validation of final approved application shared by WE/Sales
Digital Marketing Vendor- Managing Payout computation for 40+ Digital Vendor for RS 60 Cr + annually on final/soft approved application basis payout grid defined in agreement and terms & Condition of respective vendor
Ensuring Duplicity validation of final/soft approved application shared by WE/Sales
Invoice processing for Services such as Media Spends, SMS, Voucher etc basis Function confimation of services received
Cobrand & Banking Partners- Managing Payout computation for 24+ Cobrand & Banking partners for RS 500 Cr + annually basis final input shared by function and payout grid defined in agreement and terms & Condition of respective vendor
Ensuring No Duplicity of Input shared by Function 4
Audit and Risk Assesment Conduct all the internal and external Audits of the process with all requirement of Auditors and queries resolution Conduct Risk Assessment with regular intervals for better control to be done with respective and other concerned functions 5
Process Excellence/ SOP Creation of Critical SOPs (detailed and comprehensive for the process as per management requirement which include risk of financial Impact and Business Disruption Setting up the processes for seamless processing Measures of Success(Define the Outcomes expected of the role) 1
Financial Controls with 99% accuracy in validation 2
Management of Invoice processing and validation within TAT 3
Management of penalty levied in case of non-adherence 4
PR Creation, Rico, PO Cloure within TAT 5 99% Accuracy in Payout computation for LG, Digital and Cobard partners payout Competencies critical for role with High Proficiency Analytical skills,
Process management, Advance Excel, Team Management
