OneMagnify - Manager - Accounts Payable

4 weeks ago

Chennai, India Onemagnify Full time

About the RoleAs the Accounts Payable (AP) Manager, you will play a key role in building and leading our AP operations from Chennai. This role requires strong expertise in U.S. based accounts payable processes, with a focus on transitioning work from onshore to offshore, standardizing practices, and improving efficiency through better tools and automation.You will be responsible for establishing a robust offshore AP team, defining scalable workflows, and ensuring compliance, accuracy, and timeliness of financial operations.About youYou are an AP expert with hands-on experience in U.S. finance operations and a proven track record in transitioning and scaling offshore teams.You are passionate about process optimization, automation, and compliance.You bring a strong balance of operational excellence and people leadership, and you thrive in collaborative, global environments.What youll do- Understand current U.S. AP processes, tools, and technologies to map the transition path- Define and implement a streamlined and automated AP operating model for India- Lead the full lifecycle transition of AP operations from the U.S. to India- Build, manage, and develop an offshore AP team with clear performance and service benchmarks- Drive process standardization and identify areas for cost and efficiency improvements- Collaborate with U.S. finance and business stakeholders to ensure alignment and transparency- Ensure full compliance with accounting standards, tax obligations, and internal controls- Utilize ERP systems (preferably Workday) to manage workflow and reportingWhat youll need- 8+ years of experience in Accounts Payable, including 3+ years in managing offshore transitions- Hands-on experience with U.S.-based AP processes including invoice management, vendor coordination, and reconciliations- Prior experience in AP transitions from the U.S. to India is essential- Working knowledge of Workday or similar ERP platforms is preferred- Strong communication skills both written and verbal with fluency in business English- Demonstrated experience in building and leading high-performing teams- Strong analytical, problem-solving, and process improvement skills- Ability to work in US time zones and collaborate with global stakeholders (ref:iimjobs.com)

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