Accounts Payable Lead

7 days ago


Navi Mumbai, Maharashtra, India Fugro Full time

Job Title: Accounts Payable Lead

About the Role:

Fugro is seeking an experienced Accounts Payable Lead to join our Finance Shared Services Centre. As a key member of our team, you will be responsible for overseeing the accounts payable function, ensuring accurate and timely processing of invoices, payments, and expense reports.

Key Responsibilities:

  1. Leadership and Team Management:
  • Lead and manage a team of accounts payable accountants, providing guidance, training, and performance feedback.
  • Set clear goals and objectives for the team and ensure they are met.
  • Foster a collaborative and positive work environment.
Accounts Payable Process Management:
  • Develop and maintain accounts payable processes and procedures to ensure efficient and accurate processing of invoices, payments, and expense reports.
  • Monitor and analyze accounts payable metrics to identify areas for improvement and implement process enhancements.
  • Ensure compliance with company policies, relevant accounting standards, and regulatory requirements.
Vendor Management:
  • Establish and maintain relationships with vendors, resolving any issues or discrepancies related to payments or invoices.
  • Negotiate payment terms and discounts with vendors to optimize cash flow and minimize costs.
  • Perform periodic vendor performance reviews and evaluate vendor contracts.
Invoice Processing and Payments:
  • Oversee the timely and accurate processing of invoices, ensuring proper coding, approval, and documentation.
  • Coordinate with internal stakeholders to resolve invoice discrepancies and exceptions.
  • Review and authorize payment runs, including electronic payments and checks.
Expense Report Management:
  • Manage the processing of employee expense reports, ensuring compliance with company policies and expense guidelines.
  • Review and reconcile expense reports, ensuring appropriate approvals and documentation.
  • Provide guidance and support to employees on expense report submission and reimbursement.
Financial Reporting and Analysis:
  • Assist in the preparation of accounts payable-related financial reports, including month-end close activities.
  • Monitor and analyze accounts payables aging, such as days purchase outstanding (DPO), and cash flow.
  • Conduct periodic analysis of accounts payable data to identify trends, outliers, and opportunities for cost savings.

Requirements:

  • Chartered accountant or MBA or Master's degree in Accounting, Finance, MBA Finance or professional degree like CPA, CMA, ACCA is a must.
  • Proven experience (7-12 years minimum) in accounts payable or Spent Management or Procure to pay process preferably in a shared services or similar environment.
  • Strong knowledge of accounts payable principles, practices, and relevant accounting standards.
  • Must have experience in leading and managing a team.
  • Proficiency in using accounting software and enterprise resource planning (ERP) systems.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Effective communication and interpersonal skills.
  • Ability to work under pressure and meet tight deadlines.

About Fugro:

Fugro is a global leader in Geo-data and Geo-services. We provide a positive work environment and projects that will satisfy the most curious minds. We offer great opportunities to stretch and develop yourself. By giving you the freedom to grow faster, we think you'll be able to do what you do best, better. Which should help us to find fresh ways to get to know the earth better. We encourage you to be yourself at Fugro. So bring your energy and enthusiasm, your keen eye and can-do attitude. But bring your questions and opinions too. Because to be the world's leading Geo-data specialist, we need the strength in depth that comes from a diverse, driven team.

Our View on Diversity, Equity, and Inclusion:

At Fugro, our people are our superpower. Their variety of viewpoints, experiences, knowledge, and talents give us collective strength. Distinctive beliefs and diverse backgrounds are therefore welcome, but discrimination, harassment, inappropriate behavior, and unfair treatment are not. Everybody is to be well-supported and treated fairly. And everyone must be valued and have their voice heard. Crucially, we believe that getting this right brings a sense of belonging, of safety and acceptance, that makes us feel more connected to Fugro's purpose 'together create a safe and livable world' – and to each other.



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