Bounteous - Manager - Accounts Payable

Description:

Key Responsibilities:

Accounts Payable Management

- Oversee the full-cycle accounts payable process, including invoice processing, approvals, and payments.

- Ensure accurate and timely processing of vendor invoices, expense reports, and reimbursements.

- Resolve invoice discrepancies, vendor queries, and payment issues efficiently.

- Maintain accurate vendor records and ensure compliance with tax and statutory requirements.

Team Leadership & Development

- Lead and mentor a team of AP professionals.

- Allocate work, monitor performance, and provide guidance on process adherence and best practices.

- Conduct regular performance reviews and support career development of team members.

- Foster a collaborative, high-performance culture within the AP team.

Process Improvement & Compliance

- Identify gaps in AP processes and implement improvements to enhance efficiency, accuracy, and control.

- Ensure adherence to internal controls, company policies, and statutory regulations.

- Streamline workflows, automate repetitive tasks, and optimize vendor payment cycles.

- Support audits by providing necessary documentation and process transparency.

Stakeholder Management

- Liaise with vendors, internal finance teams, procurement, and other stakeholders to resolve issues and improve processes.

- Coordinate with treasury for cash flow planning and timely vendor payments.

- Provide management reporting on AP KPIs, aging, and process performance.

Qualifications & Skills Required:

Experience:

- 8 - 10 years of progressive experience in Accounts Payable or finance operations.

- Proven track record of managing end-to-end AP processes in a large organization.

Technical Skills:

- Strong understanding of accounting principles, AP policies, and statutory compliance.

- Proficiency in ERP systems (SAP, Oracle, Tally, or equivalent).

- Advanced Excel and reporting skills.

- Experience in process improvement, automation, and digital AP solutions is a plus.

Soft Skills:

- Strong leadership, mentoring, and team management skills.

- Analytical thinking with attention to detail.

- Excellent communication and stakeholder management abilities.

- Ability to work under pressure and manage multiple priorities