Manager - Accounts Payable (Import) | Qualified CA

Role & responsibilities

• In-depth understanding of accounts payable processes, including invoicing, credit policies, collections, discount applications, and reconciliation. A thorough understanding of accounts receivable in a Shared Services context. 3+ years overall experience with the majority being in O2C with exposure to the SAP environment.
• Chartered Accountant with 3 7 years of experience.
• Familiar with credit risk assessment and Strong financial analysis skills to assess the creditworthiness of customers.
• Capability to lead, develop and motivate a team and create a best-in-class shared services department. Driving standardization and transformation.
• Proficiency in data analysis techniques to track and manage accounts receivable effectively.
• Ability to manage high workloads & conflicting priorities, both in support of the team and their respective business units alongside all employees.
• Collaborative style and a good team player.
• Strong employee focused mind-set. You are passionate about employee experience and driving continuous improvement for all processes.
• Proven experience across a range of accounting and tax functions, with a sound knowledge of accounting principles and standards, financial data processing and reporting.
• Preference would be given to candidates who have experience in working in international environment and who can join immediately or in short notice.

• Checking of vendor invoices across all geographies of Merino, as per guidelines and accurate accounting of cost to correct ledgers.
• Ensuring timely payments to vendors & communing with initiators and vendors to provide responses to queries.
• Review and validation of vendor invoices to ensure completeness and accuracy of data entry for accounting.
• Coordination with initiating departments for vendor / payments related queries.
• Ensuring correct accounting of cost in SAP and treatment of applicable taxes.
• Setup and processing of payments to vendors as per timelines.
• Accounting and review of appropriate cost provisions & assisting in analysis and providing key reasons for variances.
• Reconciling data as per the systems, banks and vendor records along with preparation of monthly analysis reports.
• Should have understanding of entire P2P lifecycle so that coordination amongst other verticals of P2P is easy.
• Proficient in accounting and should have understanding about Journal entries.
• Review of unapplied and overdue accounts on a periodic basis and acting on aged items.
• Provide managerial support to team in resolving disputes and issues with suppliers and internal stakeholders.
• Conduct account reviews for A/P & GRIR balances and provide updates to management on Account Payable status with the intention of improving on Days Payment Outstanding (DPO).
• Provide and manage related AP reporting for KPIs and other performance metrics.
• Monitor the use of resources required to provide high quality and cost-effective P2P service delivery.
• Manage special projects and analysis as required to meet responsibilities and objectives of the business.
• Lead a team of talented resolvers and analysts through recruitment, training, coaching, and self-empowerment.
• Maintain documentation for compliance reporting and audits.
• Test new implementations and changes to the SAP system environment.
• Identify opportunities for streamlining and improving accounts payable processes to enhance efficiency and reduce payment delays.

Managerial & Leadership

• Strong and in-depth understanding of Accounts payable processes and procure to pay.
• Excellent communication skills to interact with suppliers, internal teams, and senior management regarding invoice queries, reminders for advances / deposits, and GST/TDS/TCS-related matters.
• Effective negotiation skills to work with internal stakeholders and resolve payment disputes or delays professionally.