The Senior Financial Analyst, Procure to Pay (P2P) Procurement Operation Services will support Versant’s day-to-day P2P operations within the Accounting Operations function. Reporting to a Senior Manager of P2P, this role will play a critical part in ensuring accurate and timely execution of core P2P activities including purchase order lifecycle management, vendor onboarding support, and issue resolution. The analyst will also assist in tracking performance metrics, maintaining compliance with internal controls, and supporting audit and tax reporting requirements. This role will partner closely with business units, vendors, and shared service providers to deliver best-in-class procurement support.Key Responsibilities Service DeliveryLead and/or participate on process improvement/reengineering projects that will enhance procure to pay processes and procure to pay toolsSetup, Process, and maintain purchase orders, and vendor records, in SAP and related workflow systems (e.g., O365, SNAP, Vera, etc.,)Manage vendor master data and security governance requests such as changes to PO terms & conditions, commodity codes, purchasing groups, payment terms, and security job rolesMonitor PO status and vendor inquiries; ensure timely resolution of issues related PO issuance, spend limits, 2 and 3 way match timeliness and accuracy, payment delays, or vendor setup.Serve as a point of contact for business users and vendors for inquiries related to PO creation/updates, and Supplier setup / enablement. Resolve or advance issues that come through the P2P HelpdeskMaintain documentation for issue resolution and escalation logs in accordance with standard operating proceduresEngage with BPO resources, as needed, to assist with outsourced activitiesEngage Sourcing partners and suppliers to setup, deploy, and ensure accuracy to catalogue content and ongoing improvements (both internal and punch out), as well as support guided buying processes where necessaryLiaise with business partners across the organization, e.g. Accounts Payable, Sourcing, Legal, Tax, Finance, AccountingSupport system testing and new initiatives including acquisitions and mergersStandards and ControlsAdhere to internal controls, SOX requirements, and company procurementSupport control documentation and walkthroughs for P2P audit requirementsConduct periodic reviews of vendor master data and assist in exception workflow trackingEnsure data integrity in vendor records in SAP and supporting systemsPerformanceMonitor and track operational KPIs such as invoice processing cycle time, PO compliance, on-time payment rates, and exception volumesPrepare standard reports and dashboards to assist in weekly/monthly performance trackingIdentify and escalate recurring issues or trends in P2P delivery that impact timeliness or complianceStay abreast of new tools and technologies in the procurement space and determine how they can be appliedAssist with the documentation of process improvement opportunities and system enhancement needsPeopleCollaborate with P2P team and other shared services teamsProvide peer support and knowledge-sharing across the P2P teamSupport training of new users and internal stakeholders on P2P tools, workflows, and policies
