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Job Description
Purpose:
The Accounts Payable Lead is responsible for all Accounts Payable activities for India, Middle East, Australia, New Zealand, South Africa, South East Asia and several European countries. The person oversees the day-to-day execution of the end to end spectrum of the Accounts Payable process, supporting more than 35 legal entities in 14 countries.
The person is the head of an organization of about 50 people and supervises the following areas:
- Invoice processing
- Issue resolution
- Vendor management
- Vendor payment
- Employee Travel & Entertainment disbursement
The AP Lead ensures that the AP activities are performed in compliance with applicable policies and procedures and with adequate internal control. The person is also responsible for establishing, reporting and continuously improving the operational Key Performance Indicators (KPIs) and Service Level Agreements.
The person is also responsible for standardization of the various AP processes of the various countries and continuously improve processes driving efficiency and productivity, better quality and control and is to identify and bring to life automation opportunities.
Essential Duties and Responsibilities:
- Responsible for setting up the day to day operation of all aspects of Accounts Payable (AP) processing, disbursements and metrics.
- Lead a complex organization of about 50 people.
- Manage a diverse AP process with different issues and priorities and diverse stakeholders.
- Develop and execute regional Accounts Payable strategy that is aligned with the global strategy.
- Identify and implement process improvement opportunities through process streamlining and automation, driving improved efficiency and productivity, better control environment and higher level of quality.
- Identify key focus areas for the short term that supports the longer term goals despite the competing priorities, crisis situations.
- Adopts to changes quickly and manages the changes within the organization.
- Establish great relationships and manage a variety of stakeholders such as country finance leads, procurement heads and the global Shared Service Center leadership team.
- Identify escalating issues early and establish necessary actions required and manage crisis situations personally depending on the potential severity.
- Establish, report and continuously improve operational Key Performance Indicators and SLAs by understanding root causes and working out adequate action plans.
- Establish and continuously operate key and non-key controls and report results to the country, Center and Global leadership teams ensuring no significant internal or external audit findings. Actively participate in internal and external audits.
- Work closely with General Accounting, Indirect Tax and Procurement teams to resolve issues and to ensure no adverse impact of AP on the downstream processes.
- Ensure country specific process documentations are complete and of great quality, always current, and stored appropriately.
- Actively participate in the Leadership of the Shared Services Center and building the company's unique culture.
- Motivate the team with vision, setting objectives, personal leadership and exemplary people management to bring out the best performance of each individual. Monitor performance and identify training needs.
- Continuously develop organization to become a high performance team.
- Ensure proper staffing and development of personnel with robust succession program for all levels.
- Lead the development of departmental policies and training documents.
- Perform various assignments in flexible manner as business needs warrant based on the request of the Finance Shared Service Center Lead.
Qualifications:
- Minimum of a Bachelor's degree (or equivalent) and 15 - 17 years of experience of which minimum of 3 years should be spent as regional head of Accounts Payable or Procure to Pay organization supervising a team of 60 or more.
- Must possess good knowledge of accounts payable, purchasing, and procurement processes as well as Company policies and accounting principles.
- Must possess excellent written and verbal communication skills, interpersonal skills, management skills, strong work ethic, consensus gathering skills, organizational skills, and a working knowledge of Microsoft Office including Word, Excel, and Lotus Notes.
Supervision:
- Position functions autonomously. Position directly supervises employees. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities may include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Skills
AccountingAccounts PayableFinance And AccountsFinancial OperationsFinance HeadProcure To PayAccountingAccounting PrinciplesAccountsAccounts PayableExternal AuditGeneral AccountingInvoice ProcessingProcess ImprovementProcure To PayFinanceIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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