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Assistant Manager - Accounts Payable

Assistant Manager - Accounts Payable

ConfidentialHyderabad / Secunderabad, Telangana
30+ days ago
Job description
  • Responsible for directing the daily workflow process to the Accounts Payable Team
  • Oversee all payment transactions such as ACH, wires, paper checks and so on. Strong knowledge on SEPA payments, Swift payments & MT (Message type) is a must. Target2 and FEDWIRE knowledge would be an added advantage.
  • Will oversee data entry, validation, and processing of various types of invoices like invoices, advance payments, Proforma invoices, and employee travel reimbursements and ensure 100% accuracy.
  • Handling payment runs as per the timelines.
  • Monitoring payments issued through SAP HANA are being interfaced to bank & taking immediate action based on rejections / exceptions in bank portal.
  • Zero duplicate payments while keeping a close monitor in issuing manual payments through bank portals.
  • Ensure business compliance through issue identification and appropriate escalation.
  • Interact with Bankers, treasury and other stake holders on payment related queries and ensure queries are addressed as per TAT.
  • Updating trackers, supporting Audits for the required documentation.
  • Supervising & keeping a tight control over the daily / monthly dashboard.
  • Getting the clarifications resolved from vendors & internal partners by writing mails / taking calls with them.
  • Ensure baseline values adherence for all Service Level Agreements, updating systems and providing input into continuous improvement initiatives.
  • Review the team s day to day activities, including but not limited to invoicing, audit requests, analysis and other requests pertaining to the accounts payable process
  • Ensures that systems, policies, and procedures adhere to company policies while functioning with accuracy, timeliness and handle close timelines and communicate on a timely basis adhering to deadlines
  • Support the metrics reporting for the relevant process
  • Standardize procedures to generate efficiency in-house and create internal templates to be used by the company.
  • Be active on the customer service front and be quick and accurate with communication / query resolution
  • Document retention is maintained in line with retention policy / guidelines
  • Maintain SOPs in line with SOP quality requirement and keep SOP s up to date.
  • People Management

    • People s manager involving in hiring, structured learning path, operations mentor for the team and create a high performance, divisionally focused team.
    • Lead a large team of 30+ multi-skilled members with a global footprint and manage team performance, including resource allocation, utilization, objective setting, performance reviews, regular 1-2-1 s and team motivation.
    • Drive cross-skilling across the team to develop a multi-skilled, flexible set of resources. Working closely with the other Team Leads to drive one team approach.
    • Should be an active player in team and who keeps self-motivated and prioritizes the work based on criticality.
    • What you will need to be successful

    • Master s or bachelor s degree in commerce, business administration, accounting, finance, or related field preferred.
    • 15+ years of accounts payable experience is must.
    • Minimum 4 years of experience in leadership roles and display problem-solving capabilities.
    • Must have substantial ERP SAP system experience (1099 filing and Escheatment process experience will be an added advantage)
    • Strong interpersonal and communication skills to interact with employees, superiors, and customers.
    • Strong analytical, research, follow-up and time management skills.
    • Excellent accounting knowledge and presentation skills.
    • Well planned, organized with keen attention to detail.
    • Good communication skills - both verbal and written
    • Fully proficient in MS office applications (Word, Excel, Access, and Power Point)
    • Should be driven by various timelines / Flexible in shifts.
    • Skills Required

      target2 , fedwire , ACH, Sap Hana

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    Assistant Account • Hyderabad / Secunderabad, Telangana

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