Group Lead
5 days ago
Key Responsibilities:
- Oversee the entire Accounts Payable cycle, including invoice processing, approvals, payment scheduling, and reconciliations.
- Lead and manage vendor management processes onboarding, compliance checks, dispute resolution, and timely payouts.
- Supervise and streamline month-end closing activities, including AP accruals, provisions, and reporting.
- Drive the design and deployment of an interactive AP dashboard for real-time tracking of payables, approvals, and vendor status.
- Collaborate with procurement, treasury, legal, and operations to align AP processes with organizational goals and policies.
- Ensure adherence to internal controls, audit requirements, and regulatory compliance in all AP processes.
- Lead automation and system improvements, including accounting system (ERP) integration and optimization of workflows for efficiency.
- Monitor aging reports, track due payments, and manage vendor communications to avoid delays and penalties.
- Analyze and present AP performance metrics and cash flow impacts to senior leadership regularly.
- Mentor and develop the AP team to build ownership, accuracy, and agility in execution.
Key Requirements:
- Educational Qualification: Chartered Accountant (CA), MBA (Finance), or equivalent degree from a recognized institution.
- Experience: 8-12 years of hands-on experience in Accounts Payable management, preferably in automotive, manufacturing, or tech-enabled product companies.
- Deep understanding of AP operations, vendor lifecycle management, and payment controls.
- Prior experience with ERP systems and AP automation tools.
- Strong analytical and problem-solving skills with a focus on operational efficiency and risk mitigation.
- Proven leadership ability to manage cross-functional collaboration and team performance.
- Experience in preparing for audits, managing compliance, and building governance frameworks.
- Excellent communication and stakeholder management skills, especially in a fast-paced environment.
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