The Senior Executive is responsible for managing end to end the Accounts payable processes, ensuring the accurate and timely processing of vendor invoices, payments, and expense reimbursements across business units/regions. This role is responsible for driving initiatives for process standardization, ensuring compliance with corporate policies, and supporting automation and continuous improvement initiatives within Accounts payable function.

• Supervise, mentor, and develop the AP team, ensuring optimal performance and adherence to service level agreements (SLAs)
• Monitor the tasks allocation and manage team performance such as invoice processing time, payment accuracy, and issue resolution
• Ensure timely and accurate processing of vendor payments, employee reimbursements, and intercompany transactions
• Identify inefficiencies and lead continuous improvement initiatives to enhance AP process efficiency and accuracy
• Ensure compliance with company policies, accounting standards, tax regulations, and internal control frameworks (SOX compliance)
• Prepare and present AP performance reports, including metrics such as payment accuracy, invoice aging, and processing cycle times. Optimize the use of ERP systems (QAD) and drive AP automation tools
• Sox Compliance.
• Required to support the implementation of an upgraded ERP system for the Finance module

Soft Skills

Critical skills & Attributes

• Good communication & Presentation skills
• Courteous & professional demeanor
• Accuracy and Time management
• Responsive & proactive
• Critical thinking and decision making
• Problem solving and analytical skills

Essential Competencies

• Strong knowledge of Accounting Principles
• Financial analytic skills
• Knowledge of regulatory compliance with respect to AP processes and management
• Managing & mentoring teams
• Experience of working in a fast paced and dynamic environment

Good To Have Competencies

• Must have worked in a shared service team

Technical Competencies

• Experience in ERP environment (SAP, Oracle, QAD)
• Excellent Excel skills

Requirements

Academic/Professional Education

CA or CWA (Semi Qualified)/ MBA Finance

Relevant Experience

Candidate must have a minimum of 7 to 10 years’ experience with at least 3 to 5 years in Finance shared services organization