At a Glance
- Tasks: Lead the Procure-to-Pay team, ensuring efficient operations and timely supplier payments.
- Company: Join Bakkavor, a leader in food manufacturing with a focus on innovation.
- Benefits: Enjoy a competitive salary, 25 days holiday, and a matched pension scheme.
- Other info: Great opportunities for career growth and professional development.
- Why this job: Make a real impact by improving processes and leading a dynamic team.
- Qualifications: Experience in PTP management and strong communication skills required.
The predicted salary is between 50000 - 60000 £ per year.
Role Purpose
The purpose of the Procure‑To‑Pay (PTP) Manager role is to oversee the day‑to‑day operations of the PTP team within Finance Shared Services (FSS). The PTP Manager will be part of the FSS leadership team, requiring building strong working relationships with the process Global Process Owner (GPO) to contribute to the future PTP strategy based on operational and delivery knowledge. The role is responsible for managing relationships with internal Bakkavor stakeholders and external vendors, ensuring an efficient and effective delivery of the PTP process within the FSS, supports the team, and ensures that the suppliers are paid on time whilst adhering to Bakkavor controls and governance requirements. The person is also responsible for managing the escalations, audits, and process continuous improvement.
Key Accountabilities
- Invoice Processing
- Review Accounts Payable reports produced by the PTP Team Leader to monitor the performance of the team.
- Oversee the work of PTP analysts and Team Leader, providing guidance and support as needed.
- Oversee PTP operations, ensuring best in class service delivery and continuous improvement.
- Guide team on issues related to outstanding invoices, ageing, queries, and discrepancies.
- Payments
- Review supplier statements and payments reconciliation during month‑end close to ensure reconciliations have been performed accurately.
- Ensure all controls and governance requirements are fulfilled and appropriate evidence is retained.
- Ensure payment runs are completed in a timely manner.
- Ensure key suppliers & employee reimbursements are paid on time and in line with Bakkavor policies and objectives.
- Support cost performance and cost controls - assisting in planning, budgeting, forecasting and variance reporting.
- Work closely with the Group Treasury function to develop cash flow forecasts based on accounts payable information and support ongoing activities with respect to cash flow.
- Query Resolution
- Ensure disputes and queries are resolved on time.
- Manage stakeholder issue escalation and resolution.
- Lead on negotiation of internal service level agreements and KPIs along with process GPO.
- Maintain strong stakeholder relationships to ensure the timely resolution of problems as well as being responsive to future needs.
- Audit and Internal Controls
- Continuously assess internal controls environment within the PTP team, ensuring all internal controls, policy and governance requirements are always adhered to by all team members and creating a vigilant and risk mitigation culture within the team.
- Participate, assist, and coordinate in all internal & external audit related activities.
- People Management
- Foster a culture of leadership within the team, mentoring team members, and identifying potential leaders for future growth opportunities.
- Establish clear performance metrics such as SMART goals and KPIs to gauge the team's performance effectively.
- Communication and Change Management
- Cultivate effective relationship management with key stakeholders and suppliers.
- Engage with the FSS Head to communicate PTP‑related updates, progress, and challenges.
- Coordinate with other FSS managers to deliver quality, cost and productivity that meets or exceeds service level agreement specifications.
- Working with the GPO - manage changes related to PTP processes, system implementations, or organisational restructuring.
- Consult with PTP Team Leader on identified process improvement opportunities and feedback accordingly.
- Performance Management
- Work closely with the Head of FSS, process GPOs and business stakeholders to set PTP key performance measures, monitor performance against set measures on a regular basis and support course correction activities where needed.
- Respond to customer feedback survey results on a timely basis.
- Work closely with the GPO/process excellence teams and PTP team to identify and drive continuous improvement opportunities.
Knowledge, Skills and Experience
- Strong written and verbal communication skills to convey information clearly and concisely, whether through email, phone calls, or face‑to‑face interactions.
- Working knowledge of using Microsoft Office products particularly MS PowerPoint, MS Word, and MS Excel.
- Demonstrate excellent analytical and problem-solving skills.
- Demonstrate excellent employee management skills; ability to plan, assign and direct work; ability to recruit, mentor and appraise employees.
- Demonstrable experience of managing PTP teams in a shared services environment and delivering high quality services.
- Ability to utilise metrics to identify opportunities for service improvement.
- Ability to identify and apply internal best practices to PTP operations.
- Previous experience at a management level.
- Internal controls experience.
- Strong knowledge of financial systems and deep understanding and expertise in Finance processes.
- Understanding of best practices and metrics for PTP.
- Previous experience in working with ERP systems, specifically with SAP S/4 HANA preferred.
- Professional Qualified Accountant (for example ACA/ACCA/CIMA) preferred.
What you’ll get in return
- Competitive salary and job‑related benefits.
- 25 days Holiday.
- Competitive matched pension contributions.
- Company share save scheme.
- Exclusive Greencore employee discount platform.
- Access to a full Wellbeing Centre platform.
Procure to Pay Manager. Job in Balderton LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia
Bakkavor is an exceptional employer, offering a dynamic work environment in Balderton where the Procure to Pay Manager can thrive. With a strong focus on employee growth and development, Bakkavor provides competitive salaries, generous holiday allowances, and a comprehensive wellbeing platform, ensuring that team members are supported both professionally and personally. The collaborative culture fosters strong relationships with stakeholders and encourages continuous improvement, making it a rewarding place for those seeking meaningful employment in finance.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Procure to Pay Manager. Job in Balderton LilyLifestyle Jobs
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those who work at Bakkavor or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching the company and its PTP processes. Show them you know your stuff and can contribute to their strategy. We want to see that you’re genuinely interested in making an impact!
✨Tip Number 3
Practice your communication skills! Whether it’s through mock interviews or casual conversations, being able to convey your thoughts clearly is key. Remember, they want someone who can build strong relationships with stakeholders.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Procure to Pay Manager. Job in Balderton LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Procure to Pay Manager role. Highlight your experience in managing PTP teams and any relevant financial systems you've worked with, especially if you have SAP S/4 HANA experience.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've improved processes or managed teams in the past, and don’t forget to mention your strong communication skills!
Showcase Your Analytical Skills:Since this role requires excellent analytical abilities, make sure to include instances where you've used metrics to drive service improvements. We love seeing how you've tackled challenges in previous roles!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your PTP Inside Out
Make sure you understand the Procure-to-Pay process thoroughly. Brush up on key concepts like invoice processing, payment runs, and stakeholder management. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Leadership Skills
As a PTP Manager, you'll be leading a team. Prepare examples of how you've successfully managed teams in the past, focusing on mentoring and performance management. Highlight your ability to foster a positive team culture and drive continuous improvement.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, like resolving disputes or managing escalations. Think through potential scenarios and how you would approach them, demonstrating your problem-solving skills and ability to maintain strong stakeholder relationships.
✨Familiarise Yourself with Bakkavor's Values
Research Bakkavor’s company culture and values. Be ready to discuss how your personal values align with theirs, especially regarding governance and internal controls. This will help you connect with the interviewers and show that you're a good fit for their team.