Senior Manager - Accounts Payable - CAT Ops - CA

Position: Senior Manager-Accounts Payable(CAT Ops)

Location: Bangalore

Educational qualification (Must have): CA -2007 passout

Skills (Must have):

- Should have handled purchases worth 1000-15000cr

- Should be a CA \ ICWA with at least 7 to 8 years of experience. Preferred - 2005 to 2007 (CA Pass-out)

- Should have experience in accounting of a medium to large scale organization in FMCG / online media / e-commerce / Telecom Industry.

- Should have experience in handling large volume of data.

- Should have knowledge of GRN.

- Attitude for Customer Service.

- Assertiveness and experience in handling a team of 50-80 members.

- Business acumen and strong analytical skills.

Skills: Oracle Financials experience is must

Work Description/ Responsibilities:

- Owns defining / adhering to policies & SOPs related to AP and drive consistency (wherever applicable) with entities.

- This position will also act as an escalation point in resolving complex outstanding issues with internal and external business partners.

- Responsible for overall deliverables related to AP Operations such as:

a) Vendor on-time payment performance;

b) Invoice On-holds; GRIR Clearing, 3 Way Match

c) Invoice receipt/archival including tax compliance;

d) Metrics/Reporting

e) Document Management & other compliances

- Create and execute audit plans for invoice exceptions approved by retail & finance partners.

- Maintain exceptional relationship with retail and other business stake holders and resolve business issues

- Constantly work with business teams, share metrics and create plan of action for aged items in AP world. Build processes to highlighting issues with retail, finance and other business teams proactively such as potential invoice late payments.

- Responsible for supporting the preparation of Financial Statements, Financial Reports, Analytics & management reporting

- Ensuring month close as per close calendar and adequate provisioning

- Manage vendor reconciliations and circularization of vendor balances

- Manage cashflow and banking payment relationship with financial institutions

- Provide support in the financial decision making process to the senior management.

- Coordination with the direct and indirect tax team to ensure correct accounting of direct and indirect taxes

- Ensure the implementation of corporate policies and procedures.

- Implement best practice procedures in the organization.

- Manage and control the delegation of authority.

- Have an overall financial control and ensure escalation for resolution within due time.

- People management of team, performing appraisals, career pathing, job rotations etc.