Senior Manager- Accounts Payable and Financial Planning

2 weeks ago

Hyderabad, India ProArch Full time

ProArch is a global technology services provider and an emerging leader in Cloud Solutions, Data and AI, Cyber Security and Software Quality Assurance. We are looking for a Senior Manager- Accounts Payable and Financial Planning to join our team.

Responsibilities:

  • Manage the accounts payable function including processing and accuracy of invoices, payments, and expense reports
  • Ensure timely and accurate completion of month-end and year-end financial close
  • Develop and maintain effective financial planning processes, including budgeting, forecasting, and financial analysis
  • Foster collaboration and communication within the global finance team to ensure successful implementation of standardized processes.
  • Implement and maintain internal controls to ensure compliance with financial regulations and company policies
  • Create a unified process for managing AP across all regions to improve efficiency and consistency.
  • Simplify and standardize vendor contracts to reduce complexity and enhance compliance
  • Automate AP processes to increase efficiency, reduce errors, and free up staff for more strategic tasks.
  • Reduce AP costs through improved processes and automation
  • Optimize payment terms to improve DPO without damaging vendor relationships.
  • Mitigate risks such as non-compliance, fraud, and vendor instability.
  • Ensure readiness to quickly integrate AP processes into newly acquired organizations in case of M&A
  • Support the CFO and executive team in strategic decision-making by providing financial analysis and insights
  • Timely preparation and Analysis of Global reports.

Requirements

  • Chartered Accountant (CA) degree/MBA Finance/Equivalent degree in Finance, Accounting or related field
  • Minimum 8 years of experience in accounting and financial planning
  • Strong knowledge of accounts payable processes and best practices
  • Exposure to Netsuite would be a definite plus. Experience in implementing automation would be an added advantage.
  • Experience in financial analysis and forecasting
  • Excellent understanding of financial regulations and compliance
  • Proficiency in financial software and MS Excel
  • Ability to manage and lead a team
  • Strong analytical, problem-solving, and communication skills
  • Attention to detail and accuracy
  • Ability to work in a fast-paced and dynamic environment
  • CPA or CMA certification is a plus

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