Senior Manager - Accounts Payable - BFSI

Roles & Responsibilities:

Management responsibilities

- Manage Finance & Accounting for the company ensuring deadlines are met

- Calculate, prepare and analyze actual results and forecasts for the Areas

- Support management on assigned tasks, presentations and special projects

- Prepare and analyze financial operating data in a timely fashion, enabling management to make sound business decisions

- Enhance organization efficiency through the support of key processes and systems

- Reporting of Operational Budget & Actual Cost.

- Ensuring Vendor payments within approved Credit terms ensuring DPO targets are achieved

- Payment Verification

- Ensure various local / Group compliances

- Ensuring Audits are handled professionally

Main Tasks :

- Reconciling the Pre Deposit Accounts

- Fund requests handling

- Payment Run F-110 on weekly basis

- Reconciliation of Private Vendor

- Reconciliation of overhead Vendor

- Monitoring Vendor debit balance

- AP Balanced Scorecard

- Vendor Account Clearing (F-44)

- Refund Processing

- Rebate & Credit Note Processing

- Posting of expenses OVH & nonwork order related invoices - FB60

- Verify invoices - MIRO/VIM

- Release Brokerage Invoices (FB60)

- Obtaining SME letters for March closing

- Monitor and verify batch processing from FIS to my SAP (SM35)

- Monitoring of MM/FI payment terms (ZMPI0025)

- Vendors Linkage

- Vendor Master review and updation

- Monitoring of Un-invoiced Work Orders (ZMPI0002)

- Follow up vendor queries on daily basis

- Invoice Audit (FB60, Direct Postings and Manual WO), document findings and take corrective/preventive actions

- Follow-up/monitoring backlog of scanning of documents (ZBAR_IN)

- Handling Petty Cash

Industry knowledge :

- 10+ years industry experience in Shipping industry

- Degree as an Accounting or Finance with verifiable experience

- Good knowledge of Finance required

- Familiar with shipping operation and financial aspects

- Sharp analytical and statistical skills

Business Systems/IT knowledge:

- Awareness of data quality importance

- Good knowledge of user application systems (SAP, FIS, COMPASS, MS Office, Word, Excel)

- Process knowledge & systems support optimization

- Ability to promptly process data and request under pressure

- Understanding of data quality benchmarking and management