This role focuses on processing return to vendor chargebacks and providing support functions for the same.
Knowledge of an organizations billing requirements and the ability to utilize the proper tools and follow accounts payable practices and procedures. Processes accounts payable transactions as a regular part of daily work. Prepares purchase orders, invoices, receipts, debits, credits and adjustments. Assists in processing discounts and special invoices. Verifies that goods and services were delivered as promised. Explains current accounting practices and closing cycle procedures and requirements
Job Summary:
- The primary purpose of to lead key projects associated with Accounts Payable Process of Lowe s US
- The primary purpose of this role is to Lead the team that is responsible for Accounts Payable Management.
- They need to ensure to effectively manage the team performance in their assigned sub-process.
- To Define business processes that efficiently works across location. Onboard and train new team members to the process.
- Build metrics and measurements that drive operational excellence.
- Should be able to determine potential risks in deliverables and appropriately mitigate them or escalate where required.
- Should have a strong understanding of the processes and drive best practices through discipline business process management.
- The lead must understand business goals while effectively collaborating across business, product and technology teams to manage processes to achieve all business requirements.
- The Lead must also display Core Behaviours of the Organization and Collaborate effectively with the Internal and External Stake Holders.
Roles & Responsibilities:
Core Responsibilities:
- Responsible to attract, hire, engage, develop and retain the team for Accounts Payable Operations
- Represent the team as Subject Matter Expert
- Liaise between Operations and Internal Teams to resolve queries efficiently
- Responsible to manage optimal work allocation and deliverables on time with optimal accuracy
- Responsible to work cross functionally across business teams, product and technology to meet business requirements
- Build effective Reporting of the Process
- Responsible to partner effectively with stakeholders and partners in the US (Mooresville/Boucherville) team
- Establish right Workflow, DTP Management, Compliance, Staffing, Quality, Technology to have a smooth Operations
- Establish, maintain and communicate metrics and progress on all AP activities
- Institutionalize right metrics to drive Operational Excellence & Efficiency
- Establish well defined processes that drive strong results
- Improve Internal workflow and maintain optimization and build efficient process mechanisms.
- Build Business Continuity Plans that addresses all probable risks
Years of Experience:
Required:
- Overall 9+ years of experience in P2P Process/Retail with a strong understanding of Accounts Payable practices.
Preferred:
- Experience with process improvements/system enhancements/automation related to accounting functions.
- 2+ years of leadership experience is desired
- Education Qualification & Certifications (optional)
- Bachelor s degree in accounting, Information Systems or other related field
- Required Minimum Qualifications:
- Skill Set Required
- Primary Skills (must have)
- Ensure Accountability - Holding self and others accountable to meet commitments.
- Accounting and Retail Acumen - deep understanding of, accounts payables.
- Self-motivated, and excellent verbal/written skills
- Excellent time management/organizational skills
Role: Finance Manager
Industry Type: Retail
Department: Finance & Accounting
Employment Type: Full Time, Permanent
Role Category: Finance
Education
UG: Any Graduate
PG: Any Postgraduate
Skills Required
Workflow, Staffing, Operational Excellence, Subject Matter Expert, Automation, Business Process Management, Dtp, Billing
