Everise
Location
Shahpur, Saharanpur, Uttar Pradesh | India
Job description
Summary The Director of Accounts Payable is responsible for overseeing all aspects of the accounts payable function, playing a crucial role in maintaining and optimizing financial processes. This role involves managing the Accounts Payable (AP) team, fostering vendor relations, and strategically analyzing payment processes to enhance working capital. Principle Accountabilities Lead the AP team, overseeing Customer Vendor Relations, AP disbursement group, and handling check disbursements, 1099, and vendor-related tax matters.Analyze Days Payable Outstanding (DPO) and proactively manage vendor relationships to optimize working capital.Develop, implement, and maintain accounts payable systems, procedures, and policies, ensuring compliance with company guidelines.Maintain a thorough understanding of financial reporting, general ledger structure, and systems.Oversee the review of all company payment requests, ensuring rigorous adherence to vendor setup, accurate coding, and required approvals.Oversee the team responsible for entering payment requests, electronic payment transfers, and maintaining vendor information.Conduct in-depth analysis of vendor accounts, identifying strategic opportunities for discounts, consolidated billing, and pricing optimization.Collaborate with executive leadership, providing insights and recommendations based on comprehensive analysis.Drive accurate and insightful account reconciliations and ad-hoc management reports, ensuring compliance with organizational standards.Uphold the highest standards of accuracy in the accounts payable aging report.Correspond with vendors, responding to queries and maintaining positive relationships.Ensure accurate and timely reporting for month-end closing and annual audits.Oversee the audit of Travel and Expense (T& E) reports for accuracy and compliance.Drive and participate in strategic initiatives and projects to enhance the overall financial health of the organization. Attributes & Attitude Leadership and strategic management skillsExceptional analytical and problem-solving abilities.Strong interpersonal and communication skills.Ability to drive change and foster innovation.Uncompromising integrity and commitment to confidentiality.Knowledge Education: Bachelor's degree in Finance, Accounting, or related field.Experience: 10-12 years of progressive work experience in accounts payable.Expertise in general accounting procedures related to accounts payable.
Job tags
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