Head of Accounts Payable
4 weeks ago
About the Role:
This position is responsible for overseeing the accounts payable function, managing vendor payments, and ensuring the timely and accurate processing of invoices, and reconciliations. The successful candidate will have strong leadership skills, a keen eye for detail, and the ability to implement and maintain efficient processes.
Key Responsibilities:
- Leadership and Management:
- Lead, mentor, build, and develop the accounts payable team.
- Set performance goals, monitor progress, and provide regular feedback.
- Foster a positive and collaborative team environment.
- Accounts Payable Operations:
- Oversee the end-to-end accounts payable process, including invoice processing, payment execution, and vendor management.
- Ensure all invoices are processed accurately and on time.
- Manage the reconciliation of accounts payable transactions.
- Process Improvement:
- Identify opportunities for process improvements and implement best practices.
- Develop and maintain standard operating procedures for the accounts payable function.
- Utilize technology and automation to enhance efficiency and accuracy.
- Vendor Relations:
- Build and maintain strong relationships with vendors and suppliers.
- Handle vendor inquiries and resolve issues promptly.
- Negotiate payment terms and agreements with vendors.
- Compliance and Reporting:
- Ensure compliance with company policies, procedures, and regulatory requirements.
- Prepare and present reports on accounts payable activities, metrics, and performance.
- Collaborate with internal and external auditors during audits.
- Budget and Financial Management:
- Assist in the preparation of the accounts payable budget.
- Monitor and manage accounts payable expenditures to stay within budget.
- Analyze financial data to identify trends and areas for cost savings.
Requirements:
- Qualified CA
- Minimum of 7-10 years of experience in accounts payable or a related field, with at least 3-5 years in a supervisory or management role.
- Strong knowledge of accounts payable processes, accounting principles, and financial regulations.
- Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong leadership and team management abilities.
- Exceptional communication and interpersonal skills.
- High level of accuracy, attention to detail, and organizational skills.
- Ability to work under pressure and meet tight deadlines.
Benefits:
- Attractive quarterly Discretionary variable pay dependent on your role
- Stock options in a $450 million funded Series D scale-up company
- Hybrid working
- 24 days annual leave + public holidays
- 2 x Builder family days each year
- Time off between Christmas and New Year
- Generous Referral Bonus scheme
- Fully funded Private Medical Insurance
- Free lunch at our state of the art working environment in Gurugram
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