Manager, Accounts Payable

3 weeks ago


Hyderabad Telangana, India Gap Full time

About Gap Inc Our past is full of iconic moments but our future is going to spark many more Our brands Gap Banana Republic Old Navy and Athleta have dressed people from all walks of life and all kinds of families all over the world for every occasion for more than 50 years But we re more than the clothes that we make We know that business can and should be a force for good and it s why we work hard to make product that makes people feel good inside and out It s why we re committed to giving back to the communities where we live and work If you re one of the super-talented who thrive on change aren t afraid to take risks and love to make a difference come grow with us About the Role The Manager of Accounts Payable will oversee the day-to-day operations of the accounts payable team and ensure the timely accurate and efficient processing of all vendor invoices and payments This role will be responsible for optimizing accounts payable workflows implementing best practices ensuring compliance with financial regulations and supporting the company s overall financial goals What You ll Do Leadership Management Lead mentor and develop a team of accounts payable professionals Foster a collaborative and high-performance work environment Set performance standards and provide coaching and training to ensure the team meets departmental goals Accounts Payable Operations Oversee the full accounts payable cycle including invoice processing approval workflows payment disbursements and vendor communications Ensure timely and accurate processing of vendor invoices in accordance with company policies Maintain vendor relationships and resolve payment issues or disputes in a professional manner Process Improvement Efficiency Continuously evaluate and improve the accounts payable processes to enhance efficiency reduce costs and support organizational growth Develop and implement controls and best practices to mitigate risks and ensure compliance with financial policies and regulations Financial Reporting Analysis Assist in the preparation of accurate financial statements reports and analysis related to accounts payable activities Monitor accounts payable aging reports and work closely with other departments to resolve outstanding issues Ensure accurate reconciliation of accounts payable accounts ensuring that discrepancies are addressed in a timely manner Compliance Controls Ensure adherence to internal controls accounting standards and corporate policies to maintain accuracy and integrity in financial transactions Oversee tax compliance and support with audits as necessary Collaboration Cross-functional Support Work closely with other departments Procurement Treasury Tax and Legal to ensure smooth workflows and alignment across the organization Serve as the subject matter expert for accounts payable and provide guidance to other teams on AP-related matters System Management Technology Maintain and enhance accounts payable systems ensuring they are up to date with the latest software and technologies Manage the implementation of new AP systems or upgrades as needed to increase automation and streamline processes Who You Are Bachelor s degree in Accounting Finance or related field CA MBA CPA or CMA preferred 7 years of experience in accounts payable with at least 3 years in a leadership role Strong knowledge of accounts payable processes financial systems and controls Experience with ERP systems SAP Oracle or similar and advanced Excel skills Proven ability to lead and develop a high-performing team Excellent problem-solving communication and interpersonal skills Strong attention to detail and ability to manage competing priorities in a fast-paced environment Knowledge of SOX compliance tax regulations and auditing practices is a plus Benefits at Gap Inc One of the most competitive paid time off plans in the industry Comprehensive health coverage for employees same-sex partners and their families Health and wellness program free annual health check-ups fitness center and Employee Assistance Program Comprehensive benefits to support the journey of parenthood Retirement planning assistance of the benefits we offer Gap Inc is an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination We are committed to recruiting hiring training and promoting qualified people of all backgrounds and make all employment decisions without regard to any protected status We have received numerous awards for our long-held commitment to equality and will continue to foster a diverse and inclusive environment of belonging In 2022 we were recognized by Forbes as one of the World s Best Employers and one of the Best Employers for Diversity



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