Responsible for directing the daily workflow process to the Accounts Payable TeamOversee 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 processEnsures 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 deadlinesSupport the metrics reporting for the relevant processStandardize 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 resolutionDocument retention is maintained in line with retention policy / guidelinesMaintain 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