Assistant Manager - Accounts Payable
Location
Secunderabad | India
Job description
Req Id : 493763
Job Requirements Are you passionate about service excellence Would you love to work for a global organization that is doing more good for people and planet
IFF is a global leader in food, beverage, health, biosciences and sensorial experiences. We are now seeking a highly motivated and results driven individual to join our Finance – Accounts Payable function as Assistant Manager.
Your Focus As an Assistant Manager based out of our Finance Shared Service Center in Hyderabad, India, you will manage end-to-end processes in accounts payable leading a team size of 20 people. You will need to look after payment transactions and expected to work on strict deadlines, in a fast-paced business environment while being a good teammate.
The role reports to Operations Manager.
How You Will Contribute - Oversee all payment transactions such as ACH, wires, paper checks etc. Strong knowledge on SEPA payments, Swift payments & MT (Message type) is a must. Target2 and FEDWIRE knowledge would be an added advantage.
- Will oversee data entry, validation and processing of various types of invoices like advance payments, Proforma invoice and employee travel reimbursements with 100% accuracy.
- Handling payment runs as per the timelines.
- Monitoring payments issued through SAP are being interfaced to bank & taking immediate action based on rejections / exceptions in bank portal.
- Zero duplicate payments while keeping a close monitor in issuing manual payments through bank portals.
- Ensure business compliance through issue identification and appropriate escalation.
- Interact with Bankers, treasury and other stake holders on payment related queries and ensure queries are addressed as per TAT.
- Updating trackers, supporting Audits for the required documentation.
- Supervising & keeping a tight control over the daily/monthly dashboard.
- Getting the clarifications resolved from vendors & internal partners by writing mails / taking calls with them.
- Ensure baseline values adherence for all Service Level Agreements, updating systems and providing input into continuous improvement initiatives.
- Review the team's day to day activities, including but not limited to invoicing, audit requests, analysis and other requests pertaining to the accounts payable process
- Ensures that systems, policies, and procedures adhere to company policies while functioning with accuracy, timeliness and handle close timelines and communicate on a timely basis adhering to deadlines
- Standardize procedures to generate efficiency in-house and create internal templates to be used by the company.
- Be active on the customer service front and be quick and accurate with communication / query resolution
- Document retention is maintained in line with retention policy/ guidelines
- Maintain SOPs in line with SOP quality requirement and keep SOP's up to date.
Job Description What you will need to be successful - Master's or Bachelor Degree in Commerce, business administration, accounting, finance, or related field preferred.
- 10+ years of BPO accounts payable experience is must.
- Minimum 4 years of experience in leadership roles and display problem-solving capabilities.
- People's manager involving in hiring, structured learning path, operations mentor for the team and create a high performance, divisionally focused team.
- Lead a large team of 25 multi-skilled members with a global footprint and manage team performance, including resource allocation, utilization, objective setting, performance reviews, regular 1-2-1's and team motivation.
- Drive cross-skilling across the team to develop a multi-skilled, flexible set of resources. Working closely with the other Team Leads to drive one team approach.
- Should be an active player in team, self-motivated and prioritize the work based on criticality.
- Must have substantial ERP SAP system experience(1099 filing and Escheatment process experience will be an added advantage)
- Strong interpersonal and communication skills to interact with employees, superiors, and customers.
- Strong analytical, research, follow-up and time management skills.
- Excellent accounting knowledge and presentation skills.
- Well planned, organized with keen attention to detail.
- Good communication skills – both verbal and written
- Fully proficient in MS office applications (Word, Excel, Access, and Power Point)
- Should be driven by various timelines/Flexible in shifts.
IFF is an Equal Opportunity Employer.
At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex or veteran status. We strive for inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability. Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more
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