Manager Accounting Financial Reporting
7 days ago
We are seeking a highly skilled Manager- Financial Accounting and Reporting to join our organization.
Key ResponsibilitiesAccounts Payable Management:
- Oversee the entire accounts payable process, ensuring timely and accurate invoice processing.
- Verify and reconcile invoices with purchase orders and contracts.
- Ensure timely payments to vendors while maintaining healthy cash flow.
- Maintain accurate vendor records, ensuring compliance with company policies.
- Handle escalations related to payment delays and vendor disputes.
- Negotiate payment terms with vendors to optimize cash flow.
Financial Reporting & Analysis:
- Prepare and analyze accounts payable aging reports and present insights to management.
- Track key performance metrics, including Days Payable Outstanding (DPO) and cost-saving initiatives.
- Assist in forecasting cash flow related to payables and align with treasury operations.
- Ensure compliance with accounting standards (GAAP/IFRS) and company policies.
Compliance & Audit Support:
- Ensure adherence to financial regulations, tax policies, and company standards.
- Support internal and external audits by providing required documentation and reports.
- Implement best practices to mitigate financial risks related to accounts payable.
Process Improvement & Stakeholder Management:
- Collaborate with procurement and finance teams to resolve invoice discrepancies and ensure smooth operations.
- Drive process improvements by automating accounts payable workflows and adopting best practices.
- Develop and enforce payment policies to optimize working capital management.
- Identify opportunities for process improvements and implement changes.
Education & Experience:
- A minimum of 5+ years of experience in Accounting & Reporting is required.
- The candidate must have a strong background in AR/AP management, vendor reconciliation, and cost control.
- They should also possess a solid understanding of Balance sheet management.
Technical Skills:
- Strong knowledge of accounting principles (GAAP, IFRS) is essential.
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle, Microsoft Dynamics, Tally) is required.
- Hands-on experience in reconciliation, ledger maintenance, and payment processing is necessary.
- Advanced proficiency in Microsoft Excel and other financial software is preferred.
Core Competencies:
- Analytical & Problem-Solving Skills: The ability to analyze financial data and resolve discrepancies is crucial.
- Attention to Detail: Ensuring accuracy and completeness in financial records is vital.
- Communication & Negotiation: The ability to interact with vendors and internal teams effectively is essential.
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