Accounts Payable Manager

Job Overview

Directs the activities of subordinate supervisors or a team of experienced individual contributor involved in financial accounting, reporting, payables, credit and/or treasury activities.

Job Requirements

What your background should look like

• KEY RESPONSIBILITIES & TASKS
   
  Lead, mentor and develop the S2P Team Lead Associate and Associates. 
• Conduct regular performance reviews, feedback sessions and coaching.
• Ensure quality and efficiency of work produced.
• Monitor the invoice-to-pay cycle to guarantee timely payment processing.
• Coordinate with local Finance Controllers/Directors to identify and address any unresolved issues in a timely manner
• Develop and maintain operational metrics: scorecards and Key Performance Indicators (KPIs) to manage the performance of the department, including service level agreements (SLAs).
• Identify and contribute to continuous improvement initiatives within the S2P function, ensuring that improvements are incorporated in the work routine. Build a strong collaborative relationship with Global Process Owners.
• Development and Career Guidance for direct and indirect reports.
• Support the S2P Global Process Owner in standardizing and optimizing the processes across all supported entities.
• Ensure adherence to tax, regulatory, internal controls and TE Policies.
• Build strong relationships with key stakeholders.
• Promote a culture of continuous improvement and learning.
• Maintain open channels for communication, feedback and recognition.
• Identify value added activities and joint projects with the stakeholders.
• Drive process automation and use digital tools to enhance efficiency.

COMPETENCIES & SKILLS  

• In-depth understanding of end-to-end Source to Pay processes and associated technology platforms.
• Conflict resolution and team motivation.
• Strong communication and collaboration with internal stakeholders and partners and external suppliers.
• Ability to influence and negotiate at various organizational levels.
• Strong analytical skills and an ability to identify and resolve problems.
• Comfort with ambiguity and managing change in dynamic environments.
• Understanding the Service Center model as value-added partner, not just a transactional function.
• Leading organizational transformation initiatives.
• Proficiency in English and applicable local language(s).
• Building Effective Teams.
• Supporting performance transparency: managing and measuring work.
• Embedding risk mitigation, audit readiness and internal controls into daily operations.
• Coordinate S2P month end close activities and A/P reporting.

EXPERIENCE & EDUCATIONAL REQUIREMENTS 

• Prior experience in managing the S2P function in a Financial Solutions Center environment.
• 5-7 years of relevant experience in a Financial Solutions Center supporting multiple countries / Business Units, preferably Diversified Industrial
• Products/Manufacturing industry experience.
• At least 3-5 years in a leadership or managerial role, preferably within a shared services or global business services environment.
• Proven track record in delivering on KPIs, SLAs and customer satisfaction.
• Strong Accounting background.
• Strong SAP knowledge.
• Service Now (SNOW) knowledge is a plus.
• Ability to work in culturally diverse teams with many levels of personnel.
• Graduate degree in Finance / Accounting or equivalent experience.

Competencies