IDFC FIRST Bank Hiring for Vendor Billing Authorizer-Credit Central Office at Mumbai, Maharashtra Full Time

Full Job Description
Role/Job Title: Vendor Billing Authorizer

Business: Retail Assets

Function/ Department: Retail Assets

Place of work: Mumbai

Roles & Responsibilities:
‘- Reconcile the bills shared by vendors with the activities undertaken and work with the reporting team to resolve any issues with the stakeholders or vendors

Track monthly vendor cost movement and suggest ways to senior stakeholders for cost reductionCoordinate with multiple stakeholders for onboarding the vendors as per the defined SLAs; keep a track of agreement creation, renewals, rate revisions etc.Re-engineer vendor billing process to make it more efficient, introduce automation and reduce manual interventionIdentify risk/breaches in vendor processes and take corrective actions to enhance qualityEnsure appropriate penalties are levied on the vendors for breaching the agreed upon TAT and quality SLAs
Secondary Responsibilities: NA

Managerial & Leadership Responsibilities:
‘- Oversee and guide reporting team for improving efficiency and quality of billing process

Monitor key parameters on employee productivity, hiring quality and attrition rates and make necessary improvements
Key Success Metrics:
Vendor Cost Control, Efficiency of Vendor billing process, Number of physical bills, Manpower cost per vendor bill