Procure-to-Pay (PTP) Lead

Job Purpose:

The Procure-to-Pay (PTP) Lead oversees the end-to-end PTP cycle, ensuring compliant, timely, and efficient processing of procurement transactions, vendor management, invoice validation, and payment execution. This role drives process standardization, governance, and continuous improvement across purchasing, receiving, and accounts payable functions.

The PTP Lead serves as the central liaison between Finance, Supply Chain, Operations, and third-party providers, playing a key role in internal controls, ERP optimization, and strategic sourcing support. The role ensures that PTP processes enable cost efficiency, operational continuity, and strong compliance aligned with company policies, the Manual of Authority (MOA), and external regulatory requirements.

RESPONSIBILITIES:

P2P Strategy, Governance & Compliance

• Develop and implement strategies for negotiating materials, goods and services agreement, cost reduction, supplier consolidation, quality improvements and process efficiencies.
• Develop and implement procurement plans and strategies to support forecasted needs for materials, goods and services
• Develop and implement P2P policies, controls, and process standards aligned with Finance and Supply Chain governance frameworks.
• Ensure strict compliance with the Manual of Authority, procurement policies, and audit requirements.
• Establish Service Level Agreements (SLAs) with internal teams and shared services to ensure accuracy, timeliness, and transparency in P2P operations.
• Monitor key compliance metrics and lead corrective actions to mitigate process gaps and financial risks.
• Maintain vendor master data integrity and enforce onboarding requirements (KYV, bank validation, statutory documents).
• Participate and contribute to continual cost reduction efforts, quality and health/safety requirements including but not limited to tender processing and negotiations.

Process Optimization & ERP Enablement

• Lead continuous improvement initiatives across the P2P cycle using data insights, automation, and best practices.
• Serve as P2P functional lead for ERP configuration, enhancements, testing, and user support.
• Drive digitization initiatives such as e-invoicing, document management, and workflow automation.
• Coordinate with IT, Finance, and Procurement to resolve system issues impacting transactional accuracy or process flow.

Operational Execution

• Oversee the full invoice-to-payment process including: validation, matching, dispute resolution, payment scheduling, and posting.
• Ensure accurate and timely three-way matching (PO–GR–Invoice).
• Monitor vendor aging, blocked invoices, and overdue items and collaborate with procurement and requestors for resolution.
• Review and approve payment runs, ensuring proper cash flow alignment and compliance with regulatory and company policies.
• Support procurement in sourcing efforts through spend analysis, supplier performance data, and contract compliance monitoring.

Financial Control & Reporting

• Ensure accurate recording of P2P transactions in the general ledger.
• Reconcile AP sub-ledger to GL and lead month-end closing activities for P2P.
• Prepare key P2P reports including aging, open POs, unmatched items, accruals, and KPI dashboards.
• Support internal and external audit requirements by providing process documentation and evidence.

Leadership & People Management

• Lead and develop a team of P2P specialists and analysts; foster a culture of accountability, quality, and continuous learning.
• Provide coaching, feedback, and performance management to improve capability and service delivery.
• Champion collaboration with cross-functional teams to ensure seamless P2P integration across the organization.

Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• Minimum 8–10 years of relevant experience in procure-to-pay, accounts payable, or shared service operations, with at least 3 years in a supervisory or managerial role.
• Experience in petroleum, manufacturing, FMCG, or similarly regulated industries is an advantage.
• Strong knowledge of procurement-to-pay processes, internal controls, and ERP systems.
• Proven capability in process improvement, SLA management, and cross-functional coordination.
• Exceptional communication, stakeholder management, problem-solving, and decision-making skills.
• Strong data analysis and reporting skills.

About IPGG

Isla Petroleum and Gas Corporation (IPGG)is a joint venture between Isla Petroleum & Energy (IP&E) and CREASIA Energy Holdings, focused on LPG and energy ventures within the Isla Group. Acquired from Shell in 2012, IPGG is now a leading LPG distributor in the Philippines, operating across the supply chain—from importation and trading to marketing and distribution. Through its subsidiary Isla LPG Corporation, it rebranded Shellane to Solane, now the #1 LPG brand in consumer preference.

IPGG also supports fuel conversion systems and piped LPG solutions nationwide. Its other subsidiaries, Isla Gas Terminals (ILG)and Isla Import Terminals (IITI), further strengthen its infrastructure and logistics capabilities. IPGG plays a vital role in advancing safe, reliable, and accessible energy solutions across the country.

We offer a competitive total rewards package which includes a base salary determined by factors such as role, experience, skill set, and location. Additionally, eligible employees may receive discretionary bonuses based on both company performance and individual achievements. Our benefits and programs are designed to meet the needs of our employees and are benchmarked to the market. Detailed information regarding compensation and benefits will be shared during the hiring process.