Assistant Manager - Finance (Procure to Pay)

Role: Assistant Manager – Finance (Procure to Pay) Location: Gurugram, India Reports to: Head - Finance About STYLI STYLI is an e-commerce brand founded in 2019 by Landmark Group, emerging as one of the largest fashion and beauty platforms in the GCC and India. With a strong focus on trendy, affordable fashion and beauty products, STYLI brings over 40,000 styles to men, women, kids, and beauty enthusiasts, offering them the latest global trends delivered directly to their doorsteps. Our vision is to be the most aspirational value fast fashion and lifestyle destination, delivering seamless service excellence. We aim to create personalized experiences, engaging customers across all touchpoints, and continually expanding our curated selection to meet their evolving need states. STYLI has quickly become a dominant force in the e-commerce fashion space across the GCC - Saudi Arabia, UAE, Bahrain, and Kuwait and in India. What you’ll do: We are seeking a detail-oriented and experienced Assistant Manager - Finance (Procure to Pay) to manage the end-to-end Procure to Pay (P2P) process for our entity. The ideal candidate will have a blend of hands-on expertise and leadership ability, with 50% of the role focusing on individual contribution and the remaining 50% on team management and coordination. This position requires overseeing P2P operations, ensuring compliance with controls, handling payments, reconciliation, and reporting, and leading a small team of 2-3 P2P professionals. Individual Contributor Responsibilities (50%):

• End-to-End P2P Process Management: Oversee and manage the complete P2P lifecycle, from vendor onboarding, purchase order creation, goods receipt, invoice processing, payment execution, to payment reconciliation.
• Invoice Processing & Payment Execution: Ensure timely processing of vendor invoices, resolving discrepancies, liaising with vendors, and ensuring payments are made within agreed terms.
• Compliance & Controls: Maintain compliance with internal controls, company policies, and legal requirements, ensuring all P2P processes are performed in a compliant and efficient manner.
• Reconciliation: Perform monthly reconciliation of accounts payable, ensuring accurate and timely reporting of liabilities, as well as identifying and resolving discrepancies.
• Reporting: Prepare and deliver regular reports on P2P performance metrics, outstanding payables, payment status, and reconciliations for management review.

• Team Management & Development: Lead, mentor, and develop a small team (2-3 P2P professionals), fostering a collaborative and high-performance work environment.
• Workload Distribution: Assign tasks and manage day-to-day activities for the P2P team, ensuring the team’s workload is balanced and all P2P processes are completed timely and accurately.
• Training & Knowledge Sharing: Provide training and guidance on P2P processes, tools, and best practices to team members, ensuring continuous improvement and upskilling.
• Performance Management: Monitor team performance, provide feedback, and conduct regular performance reviews to ensure individual and team goals are met.

• Experience: Minimum of 5-7 years of experience in Procure to Pay (P2P) processes, with at least 2 years in a supervisory role.
• Knowledge: Strong knowledge of P2P systems, internal controls, financial accounting principles, and vendor management.
• Skills: Excellent analytical, problem-solving, and communication skills. Strong attention to detail and the ability to work with cross-functional teams.
• Tools & Software: Proficient in ERP systems, MS Excel, and reporting tools.
• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Strong people management skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Proactive mindset with a focus on continuous improvement.
• Ability to work independently as well as part of a team.