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Financial Operations Manager
2 weeks ago
Job Summary:
The Payables Manager will lead the accounts payable function, overseeing vendor payments, team operations, process improvement, and compliance to ensure robust financial performance and accurate records.
Key Responsibilities:
- Process Payments: Oversee timely and accurate processing of all payments, vendor invoices, and expense reports.
- Payables Policies: Develop, implement, and monitor payables policies and procedures for efficiency, compliance, and control.
- Team Leadership: Lead accounts payable team, including hiring, training, goal setting, and ongoing development.
- Invoice Review: Review, validate, and approve invoices; ensure adherence to company policies, contractual terms, and regulatory requirements.
- Vendor Relationships: Manage vendor relationships and resolve payment disputes or queries.
- Record Keeping: Maintain accurate records and reconciliations; oversee month-end and year-end closing processes for payables.
- Process Optimization: Optimize payables processes, automation, and risk prevention controls.
- Metrics Analysis: Prepare, analyze, and report on payables metrics: aging, cash flow, forecasts, and performance.
- Interdepartmental Coordination: Coordinate with procurement, treasury, and accounting teams to ensure alignment and timely payments.
- Support Audits: Support financial audits with documentation and process narratives.
Requirements:
- Education: Bachelor's degree in Accounting, Finance, or related field; CA/MBA preferred.
- Experience: 7+ years of accounts payable experience with at least 3 years in a managerial/supervisory role.
- Skills: Strong expertise in payables processes, team leadership, and compliance management. Proficiency in ERP/accounting systems and advanced MS Excel.
- Soft Skills: Excellent organizational, communication, and analytical skills.
