Key Responsibilities:
1. 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.
2. 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.
3. Team Leadership and Collaboration:
○ Manage and mentor a team of AP professionals.
○ Foster collaboration with cross-functional teams, including procurement, finance, and
vendors.
4. 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.
5. 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.
● 10+ 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.
Education Qualifications: -
● Master's degree in accounting, finance, business administration or other related field