At ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. That's our story. Make it your story.

This position reports to

P2P Capability Lead – Paid on Time

Your role and responsibilities

In this role you will be primary focusing on getting invoices paid in the right payment run and ensure a high paid on time ratio. As secondary task, if required, support the Business Continuity Payments (BCP) team in executing business critical payments enquiring timely payment or backlog reduction.

You will be mainly accountable for:

• Preparing the necessary actions required to get most payments into the right payment run using process mining and other reporting tools
• Seeking opportunities in collaboration with Finance IS to use affordable technology to improve the effectiveness of the task (e.g. Celonis action flow, automated mailing tool) and being able to streamline the Paid on Time process to identify the repetitive types of CFIN errors and mitigate the issues with cooperation from technical team
• Deep diving into root causes collected via process mining or from BCP payments in SNOW and collaborate with business and/or supplier to improve the process ensuring timely payment
• Using the right level of escalations if local issues are ignored, first locally and then globally
• Being able to improve process, aligning with the Global Hub (Continuous improvement) and using (and propose if needed) supporting performance indicators (PIs) that helps to the right focus on improvements measures
• Reviewing Paid on Time by Country, by Vendor on a regular basis and identify vendors that are far away from the target and be receptive to objective feedback from Divisions /Vendors and action them timely
• Identifying root causes for not meeting KPIs, especially Paid on Time and perform remedial actions (eg discuss & convince vendors to submit invoices in time & not receive them as Overdue, publish remedial actions by Division/ Country)
• Being very familiar with P2P process (MM & FI transactions) in SAP & workflow tools, to be able to assist Analysts, where needed
• Collaborating with Global Hub to (a) align that potential overlaps are avoided in the interactions with Business, (b) have a communication mechanism so Hub is aware of COE initiatives in the area of paid on time improvements (& vice versa)
• Executing Business Continuity Payments if the BCP team is having challenges to perform the payments timely (as a backup)

Qualifications for the role

• Degree in Finance, Economics or equivalent work experience
• You have 3 to 4 years of experience in a P2P, Accounts Payable, or Financial Analyst role, with a focus on process improvement and data analysis
• You are at ease communication in English
• You are a proven team player, in a similar or a higher sized team in the past
• Ability to coach/ guide analysts in their day to day working
• Strong analytical skills with experience in identifying process inefficiencies and recommending improvements
• You are familiar with ERP systems (SAP, Oracle, etc.) and workflow tools (Readsoft, Basware etc.)
• Expertise in end-to-end P2P processes
• You have experience with process improvement methodologies (Lean, Six Sigma, etc.)
• Good ability to identify issues and get them solved in a collaborative manner