Team Lead - Invoice to Pay (I2P)
The Team Lead Invoice to Pay (I2P) helps to apply the Finance strategy aligned with Booking.com's business objectives by working on key initiatives in P2P Operations.
In this role, the Team Lead I2P will be responsible to develop and coach a team of Analysts that embraces and drives change, excels at business partnering, builds efficiency with the use and development of the right tools, and emphasizes growth, empowerment, and teamwork. The Team Lead I2P manages the Invoice to Pay team and stakeholders, and serves as a business advisor to their stakeholders. You'll take the lead to prioritize and delegate new initiatives and projects based on business impact and develop the team to build meaningful and insightful reports and dashboards that help to scale the business and steer business decisions.
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Key Responsibilities
- Develop, manage and inspire a team of Analysts, translating company, and departmental goals into team and personal objectives
- Prepare and conduct performance reviews and keep track of progress during the year
- Foster a collaborative and high-performing team environment
- Oversee the day-to-day operations of the AP function, including invoice processing and vendor reconciliations
- Ensure timely and accurate processing of invoices (KPIs and SLAs), with a strong emphasis on PO-based transactions
- Drive best practices in handling AP processes using SAP S4, VIM, and Ivalua systems
- Collaborate with procurement teams to streamline the Purchase-to-Pay (P2P) process, ensuring all invoices are properly matched with POs
- Lead efforts to improve reconciliation processes, ensuring discrepancies are identified and resolved in a timely manner
- Oversee month-end and year-end AP close processes, including accruals, reconciliations, and reporting.
- Establish a reporting framework which supports decision making, accountability, and process improvements, keeping in mind control environment and compliance requirements
- Lead or contribute to AP-related projects, including system upgrades, process improvements, and automation initiatives
- Identify opportunities for continuous improvement in AP operations and drive implementation of best practices
- Work closely with cross-functional teams to support global initiatives, ensuring AP processes align with the company's financial goals
- Ensure compliance with internal controls, policies, and external regulations, including SOX and audit requirements
- Maintain and enforce AP policies, procedures, and controls to minimize errors and prevent fraud
- Manage relationships with internal and external auditors and ensure smooth audit processes
- Act as a key point of contact for vendors, procurement, and other internal stakeholders regarding AP issues, escalations, and resolution of complex cases
Requirements of special knowledge/skills
- Years of relevant Job Knowledge - Broad Knowledge (5 - 7 years)
- Professional with advanced/well-developed knowledge of P2P operations activities
- Experience working with SAP VIM, SAP S4, and Ivalua, with a proven track record of optimizing processes and driving results for the Purchase to Pay process
- Experience in Lean Six Sigma or other process improvement methodologies and the ability to translate them into real-world solutions preferred
- Proficient in using excel and/or google sheets for data analysis and visualization.
- Experience with Tableau and/or power query preferred
- Background in Finance
- Motivational people manager who believes in building teams of high performing individuals and knows what it takes to do this in a rounded and people-centered way
- Understanding the impact of the team and the bigger picture
- Demonstrated analytical and curious mindset, tenacity, drive, and ability to inspire and collaborate
- Ability to be an effective people manager yet just as comfortable rolling up the sleeves to get the job done
- Excellent verbal and written communication skills, ability to present, make decisions and gain consensus with a large group
- Expert knowledge using data to drive smart decisions, make improvements and deliver results
- Ability to proactively drive the assigned projects and reach the preset objectives
- Ability to multi-task & a flexible and positive attitude
- Ability to adapt style and approach in order to work effectively with internal and external stakeholders from a variety of different cultures
Pre-Employment Screening
If your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education and other information (such as media information) that may be necessary for determining your qualifications and suitability for the position.