Senior Lead Accounts Payable P2P
Job Title:
Senior Lead Accounts Payable P2P
Job Description:
Notice Period – Immediate to 45 Days
Role Description :
1. Ascertain the funds required for payment to the vendors and inform treasury for the allocation of the funds.
2. Post confirmation from treasury initiate payment run. Incase of the partial allocation of funds by the treasury allocate the payments to the vendors based on priority and inform the vendors accordingly.
3. Prepare month close entries and schedules.
4. Generate and analyse reports to track key performance indicators.
5. Participate in reviews and assist the Team lead to analyse the schedules and month close schedules.
6. Assist the team in investigating and resolving discrepancies in a timely manner.
7. Collaborate with relevant departments and ensure smooth functioning of the process.
8. Collaborate with Vendors / suppliers to ensure issues / queries are resolved on time and there are no escalations.
9. Identify opportunities for process optimization and efficiency.
10. Contribute ideas for continuous improvement in the accounts payable function.
11. Team handling exp must
12. Review and approve the high-level Invoice / bills basis the approval threshold.
13. Team lead level to have min 5 member handling 3k crores supplier transaction involving purchase and services.
14. Payment to supplier involving own funds and supplier discounting program (50- 50)
15. Supplier query resolution and reconciliation on timely basis
16. Turnaround time monitoring from accounting to payment
17. Knowledge on statutory compliance, namely income tax, GST, Customs are preferred.
18. Handling MSME vendor with strict compliance
19. Handling audit queries and fixing solution to issue.
20. Experience in above areas should be min 5 years.
Requirements :
Qualification - CA inter / CMA or Postgraduate in accounting with 5-8 years of experience years of experience in accounts payable / Procure to Pay (PTP) environment of a Manufacturing industry.
Role Description :
1. Ascertain the funds required for payment to the vendors and inform treasury for the allocation of the funds.
2. Post confirmation from treasury initiate payment run. Incase of the partial allocation of funds by the treasury allocate the payments to the vendors based on priority and inform the vendors accordingly.
3. Prepare month close entries and schedules.
4. Generate and analyse reports to track key performance indicators.
5. Participate in reviews and assist the Team lead to analyse the schedules and month close schedules.
6. Assist the team in investigating and resolving discrepancies in a timely manner.
7. Collaborate with relevant departments and ensure smooth functioning of the process.
8. Collaborate with Vendors / suppliers to ensure issues / queries are resolved on time and there are no escalations.
9. Identify opportunities for process optimization and efficiency.
10. Contribute ideas for continuous improvement in the accounts payable function.
11. Team handling exp must
12. Review and approve the high-level Invoice / bills basis the approval threshold.
13. Team lead level to have min 5 member handling 3k crores supplier transaction involving purchase and services.
14. Payment to supplier involving own funds and supplier discounting program (50- 50)
15. Supplier query resolution and reconciliation on timely basis
16. Turnaround time monitoring from accounting to payment
17. Knowledge on statutory compliance, namely income tax, GST, Customs are preferred.
18. Handling MSME vendor with strict compliance
19. Handling audit queries and fixing solution to issue.
20. Experience in above areas should be min 5 years.
Requirements :
Qualification - CA inter / CMA or Postgraduate in accounting with 5-8 years of experience years of experience in accounts payable / Procure to Pay (PTP) environment of a Manufacturing industry.
Experience Range:
5 - 15 years
Educational Qualifications:
Any graduation ,and CA in CA , ICWA(CMA) , MBA/PGDM in Finance
Skills Required:
Exposure to SAP , Analytical Capability , Leadership Skills , Accounts Payable , procure to pay , P2P , Vendor Management , Supplier Management
Candidate Attributes:
1. SAP AP modules, accounting software, and Microsoft Excel
2. Strong knowledge of accounting principles and practices.
3. Excellent communication and interpersonal skills
4. Ability to handle multiple priorities in a dynamic work environment
5. Problem-solving mindset and attention to detail.
6. Knowledge of Indirect taxes (GST, Customs) regulations and requirements - Mandatory
7. Proven experience of process improvements preferable in AP
8. Ability to collaborate, drive the team and deliver value.
2. Strong knowledge of accounting principles and practices.
3. Excellent communication and interpersonal skills
4. Ability to handle multiple priorities in a dynamic work environment
5. Problem-solving mindset and attention to detail.
6. Knowledge of Indirect taxes (GST, Customs) regulations and requirements - Mandatory
7. Proven experience of process improvements preferable in AP
8. Ability to collaborate, drive the team and deliver value.
Job Code: KL-SRKWLTVU
About Us
People Process Teck Private Limited is a leading practitioner of HR and Productivity interventions offering comprehensive Human Resource Services and Support for organizations across a wide spectrum of sectors and industries enabling our esteemed Business Partners to implement solutions crafted for organizational effectiveness and achieving business results.
Why Us?
Our core strength is Execution Excellence – Making things happen.
We work with customers to understand their Strategies, issues, and development imperatives, subsequently initiating planned Interventions through Discussions, Workshops, Outbounds, Simulations, Training, Executive Coaching, Counselling and getting things done presided over by a team of experienced Facilitators.
We work with customers to understand their Strategies, issues, and development imperatives, subsequently initiating planned Interventions through Discussions, Workshops, Outbounds, Simulations, Training, Executive Coaching, Counselling and getting things done presided over by a team of experienced Facilitators.
