Sr Manager - Accounts Payable - eCommerce

Exciting Opportunity for Sr Manager Accounts Payable from top leading e-commerce company for Bangalore Location.

Position - Senior Manager-Accounts Payable

Location - Bangalore

Educational qualification (Must have): B.com and\or CA

Skills (Must have):

1. Excellent working knowledge of Excel, word and power point

2. Should be a CA \ ICWA with at least 7 to 8 years of experience or B.Com\CA (Inter) \ ICWA (Inter) with a minimum of 12 years of work experience.

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

4. Should have experience in handling large volume of data.

5. Good eye for detail.

6. Attitude for Customer Service.

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

8. Business acumen and strong analytical skills.

Skills (Additional) - Oracle Financials experience would be preferable.

Work Description/ Responsibilities:

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

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

11. Responsible for overall deliverables related to AP Operations such as

12. Vendor on-time payment performance;

13. Invoice On-holds;

14. Invoice receipt/archival including tax compliance;

15. Metrics/Reporting

16. Document Management & other compliances

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

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

19. 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.

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

21. Ensuring month close as per close calendar and adequate provisioning

22. Manage vendor reconciliations and circularization of vendor balances

23. Manage cashflow and banking payment relationship with financial institutions

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

25. Co-ordination with the direct and indirect tax team to ensure correct accounting of direct and indirect taxes

26. Ensure the implementation of corporate policies and procedures.

27. Implement best practice procedures in the organization.

28. Manage and control the delegation of authority.

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

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