Industry Exposure
Ideal candidate would have some experience of P2P working in the Retail industry or in any of the below functions either directly or indirectly -
- Procurement / Buying department Should have worked closely with vendors for sourcing products, understand product cost structure, involved in discussions on negotiating purchase agreements, deals, etc. for e.g - discounts or rebates from vendors on volume of business, charges on damaged goods, mode of delivery (direct to store or warehouse) etc.
- Marketing & advertising worked with buyers on designing / implementing in-store promotions (seasonal, festive discounts etc.) Understand the costing and margin adjustments behind promotional pricing, understand the P&L implications of space utilization for product placements, use market basket analysis, etc. Understand the role of suppliers in supporting in-store promotions either through purchased discounts, or advertising fees etc.
- Marketing / Sales Analytics - Analyze impact of promotional pricing on sales, analyze product pricing trend, and advise on corrections
- Good to have experience in AP, P2P / S2P domain
- Knowledge in account and finance, accounts payable, analytics, cash application, source to pay, reconciliations would be added advantage
Primary Responsibilities :
Support Global teams in analyzing structured / unstructured retail transactions and financial data for recovering lost money for our clientsAnalytical skills to logically build data sets and interpret transaction life cycleShould possess data analysis and research skills.Excellent communication skills (written and verbal)Confident and possess can-do attitudeOwnership - responsibility & initiativeSecondary responsibilities :
Hands on experience with analyzing big data and forecasting / estimationsAbility to understand recovery audit opportunity at different stages of S2P cycleAudit client data to identify and report any over or under payments, duplicate payments, allowances not collected, agreement validations, missed allowances / rebates etc.Professional requirements :
Strong analytical skillsGood communication skills (verbal & written)Preferred industry experience Retail / Procurement / Data analysis / Finance & Accounting / Vendor managementTechnical Competency :
Advance level of Excel knowledge is must and exposure to MS Access would be preferredAcquire MS Access tool skills as per requirementHaving exposure to multiple ERP systems will be added advantage (SAP, Oracle, Peoplesoft etc.)Computer proficiency with advance level of familiarity of commonly used software applications like outlook, Word, PowerPoint, Internet, citrix environment, skype for business Etc.Excel, Outlook, etc.Behavioral Competency :
Must be able to grasp and understand basic Dupes and Statements ConceptsAbility to work with supervisionMust show ability to communicate and interact with other colleagues for guidance and directionDisplays positive and can-do attitudeParticipates in active learning to enhance skill setSkills Required
Procurement, P2P Process, Retail Analytics, Data Analysis, Excel