
Senior Accounts Payable Manager
3 days ago
The Head Payables position oversees the accounts payable function, managing vendor payments and ensuring accurate financial records.
This leadership role involves strategic and operational direction of the Payables team, focusing on timely and accurate payment processing, invoice validation, and expense report management.
Key Responsibilities:- Payment Processing: Timely and accurate processing of all payments, vendor invoices, and expense reports.
- Policies and Procedures: Developing, implementing, and monitoring payables policies and procedures for efficiency, compliance, and control.
- Team Leadership: Leading the accounts payable team, including hiring, training, goal setting, and ongoing development.
- Invoice Review: Validating and approving invoices; ensuring adherence to company policies, contractual terms, and regulatory requirements.
- Vendor Relationships: Managing vendor relationships and resolving payment disputes or queries.
- Record Keeping: Maintaining accurate records and reconciliations; overseeing month-end and year-end closing processes for payables.
- Process Optimization: Optimizing payables processes, automation, and risk prevention controls.
- Metric Analysis: Preparing, analyzing, and reporting on payables metrics: aging, cash flow, forecasts, and performance.
- Interdepartmental Coordination: Coordinating with procurement, treasury, and accounting teams to ensure alignment and timely payments.
- Educational Background: Bachelor's degree in Accounting, Finance, or related field; CA/MBA preferred.
- Work Experience: 7+ years of accounts payable experience with at least 3 years in a managerial/supervisory role.
- Technical Skills: Strong expertise in payables processes, team leadership, and compliance management.
- Software Proficiency: Proficiency in ERP/accounting systems and advanced MS Excel.
- Soft Skills: Excellent organizational, communication, and analytical skills.
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