Manager - Accounts Payable

Manager Accounts Payable

Education: MBA

Location: Delhi NCR

Key Responsibilities:

Accounts Payable Management:

- Oversee the day-to-day AP operations, including invoice processing, payments, and reconciliations.

- Ensure timely and accurate processing of supplier invoices and payments.

- Manage AP aging reports and address discrepancies proactively.

Procure-to-Pay (P2P) Process:

- Lead and optimize the P2P cycle, ensuring seamless integration between procurement and AP functions.

- Collaborate with procurement teams to streamline purchasing, invoicing, and payment processes.

- Implement best practices and automation tools to enhance efficiency.

Team Leadership and Collaboration:

- Manage and mentor a team of AP professionals.

- Foster collaboration with cross-functional teams, including procurement, finance, and vendors.

Compliance and Reporting:

- Ensure compliance with internal controls, accounting standards, and regulatory requirements.

- Prepare and present reports on AP performance, including KPIs and process improvements.

- Support internal and external audits by providing necessary documentation and insights.

Process Improvement:

- Identify opportunities for process enhancements and cost savings.

- Implement automation solutions and promote continuous improvement initiatives.

Key Requirements:

- Bachelor's degree in Accounting, Finance, or a related field.

- 5+ years of experience in Accounts Payable, with a strong understanding of the P2P process.

- Proven experience in managing AP operations for medium to large-scale organizations.

- Proficiency in ERP systems (e.g., SAP, Oracle, or similar) and MS Excel.

- Strong analytical, problem-solving, and communication skills.

- Demonstrated ability to lead teams and drive process improvements.