We are seeking an experienced Accounts Payable (AP) Manager to lead our AP function in India. The ideal candidate will have strong expertise in managing AP processes, hands-on experience with AP and procurement systems, and a proven track record of leading and developing high performing teams.

The role will be responsible for ensuring timely and accurate vendor payments, optimizing AP operations, maintaining compliance with internal controls, and building strong partnerships with procurement, finance, and business stakeholders. We seek of a candidate with strong technical skills and system orientation.

Location: Mumbai, India

Reports to: Group Chief Financial Officer (Based in Singapore)

Role and Responsibilities:

Accounts Payable Operations

- Oversee the end-to-end AP cycle including vendor master data maintenance, invoice processing, approvals, payments, reconciliations, and reporting.

- Ensure accuracy and timeliness of vendor payments while maintaining compliance with company policies and statutory regulations.

- Monitor AP KPIs, aging, resolve disputes, and manage vendor relationships.

Systems & Process Management

- Manage and optimize Accounts Payable systems (Peakflo) and ensure integration with accounting and procurement systems (e.g. SAP, DNVGL, Teromarine, platforms).

- Identify automation opportunities and implement best practices for process efficiency and cost optimization.

- Support system upgrades, process improvements, and digitalization initiatives.

Team Leadership

- Lead, mentor, and develop a team of AP specialists, ensuring clear roles, responsibilities, and career growth.

- Establish KPIs for team performance and monitor achievement of SLAs.

- Foster a culture of accountability, collaboration, and continuous improvement.

Governance & Compliance

- Maintain strong internal controls and ensure adherence to company policies and audit requirements.

- Partner with internal audit and compliance teams to prepare and support audits.

- Ensure accurate documentation, record-keeping, and compliance with statutory requirements.

Stakeholder Management

- Collaborate with procurement, treasury, FP&A, and business units to align AP processes with organizational goals.

- Act as the escalation point for vendor and stakeholder issues, ensuring prompt resolution.

- Support management with accurate AP-related reporting and insights for decision-making.

Requirements:

- Bachelors degree in accountancy, Finance, Commerce, or a related field (Masters degree preferred ).

- 8-12 years of progressive experience in Accounts Payable, with at least 3-5 years in a managerial role.

- Strong knowledge of AP processes, accounting principle, practices and procedures.

- Strong hands-on experience with AP systems, procurement and ERP systems (e.g., SAP, Oracle, or similar).

- Demonstrated experience in leading and managing teams.

- Excellent analytical, problem-solving, and communication skills.

- Proven ability to work in a fast-paced, high-volume environment with global stakeholders.

Key Skills

- Accounts Payable Management

- AP & Procurement Systems (ERP / P2P tools)

- Leadership & People Development

- Vendor & Stakeholder Management

- Process Optimization & Automation

- Compliance & Internal Controls

- Analytical & Problem-Solving Skills