Financial Operations Leader
1 week ago
Job DescriptionAs a Manager, you will lead and manage the Accounts Payable (AP) and Accounts Receivable (AR) functions within the Shared Services Centre. The role ensures timely, accurate, and compliant processing of transactions in alignment with company policies and regulatory requirements.The Manager will drive operational excellence, standardization, and continuous improvement across AP and AR processes, supporting the dynamic needs of the dairy and FMCG industry.Lead and manage AP and AR teams, ensuring high performance and engagement.Define and implement process KPIs, SLAs, and internal controls.Collaborate with procurement, sales, supply chain, and treasury teams to ensure alignment and service delivery.Drive automation and process improvement initiatives to enhance efficiency and accuracy.Key ResponsibilitiesLeadership & Strategy• Develop and implement strategic plans to improve operational efficiency.• Ensure compliance with Indian tax laws and global accounting standards.• Foster a culture of continuous learning and development among team members.Accounts Payable (AP)• Oversee invoice processing, vendor payments, and compliance with tax regulations.• Ensure timely vendor reconciliations and resolution of disputes.• Monitor AP aging and manage payment cycles to optimize working capital.Accounts Receivable (AR)• Supervise collections and cash application processes.• Resolve customer disputes and ensure accurate account reconciliations.• Support credit risk management in coordination with sales and credit control teams.Compliance & Reporting• Ensure adherence to internal controls and audit requirements.• Support statutory and internal audits with required documentation and analysis.• Prepare and present periodic reports on AP/AR performance and aging.Requirements• CA / CMA / MBA (Finance) or equivalent qualification.• 8-12 years of experience in finance operations, with at least 3-5 years in a managerial role in a shared services or multinational environment.• Strong knowledge of ERP systems and automation tools.• Familiarity with Indian tax laws and global accounting standards.• Experience in Shared Service centres overseas is an added advantage.Skills and Qualifications• Leadership and team management.• Analytical thinking and problem-solving.• Strong communication and stakeholder management.• Process orientation and continuous improvement mindset.• Ability to work in a fast-paced, matrixed environment.
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