Manager, Procure-To-Pay

We’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. 

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

The Operational Support, Vendor Metrics and Shared Services team is responsible for the operational activities of the Procurement life cycle. In what is called the Procure-to-Pay sub-process, we ensure that the commercial terms of a contract are respected as negotiated by issuing Purchase Orders and paying invoices upon those. The team is also responsible for tracking and reporting on the Vendor Spend data in support of the different Stakeholders.

Reporting to the Director, Operational Support, Vendor Metrics and Shared Services, the incumbent will oversee the end-to-end purchase and payment process within the organization. This role ensures the efficient, timely, and compliant purchase of goods and services, and leads a team responsible for the full P2P cycle. The P2P XXX will collaborates with cross-functional departments to optimize processes, drive efficiency, and maintain strong internal controls.

As a Manager, Procure-To-Pay, you’ll: 

• Lead and manage the Procure-to-Pay team, which includes purchasing, accounts payable and accounts receivable

• Monitor the end-to-end P2P process, from requisition to purchase order to payment, ensuring accuracy and timeliness

• Resolve discrepancies and issues between purchase orders, invoices, and receipts, working closely with suppliers and internal stakeholders

• Analyze P2P metrics and KPIs, prepare reports for management, and recommend process improvements align with the evolution of the function

• Ensure alignment between process improvement opportunities and Finance’s strategic objectives and performance targets

• Support internal and external audits related to P2P activities

• Champion the adoption of new technologies and automation tools to streamline the P2P process and ensure adherence by monitoring statistics control points

• Approves purchase, Invoice and Payment and ensure compliance with the different internal controls, corporate procedures, guidelines, and policies

• Collaborate with the Corporate Accounting team regarding accruals based on invoices and PO

• Act as expert in terms of tax filing and tax charges

Education

• Diploma of College Studies in administration, accounting or finance

• Operations and Production management training (an asset)

Experience

• Minimum of (5) five years of experience in an AP team

• Experience with the purchasing processes and ERP systems

Knowledge & Skills

• Very good knowledge of the requisition-to-payment process

• Very good knowledge of Microsoft Office suite

• Knowledge of D365 and GEP (an asset)

• Excellent priority management

• Highly developed organizational skills

• Concern about the quality of customer service

• Bilingualism English and French *Frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

• Investment in career development

• Comprehensive group insurance plans

• Competitive pension plans

• Unlimited access to virtual healthcare services and wellness programs

• Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers

• A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance

• Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off

• A hybrid work model with a mix of in-office and remote days

*Benefits package may vary based on your employee type.

At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.

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