Manager - Accounts Payable

usemultiplier.com; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

UseMultiplier.com in Bengaluru seeks an experienced Accounts Payable Manager to lead end-to-end AP processes, ensure timely payments across regions, and collaborate with payroll and banking partners.

The role requires a bachelor’s in accounting, 10+ years in AP/finance, strong Netsuite skills, and proven leadership to manage a team and drive process improvements.

Qualifications

• Bachelor's degree in accounting or related field.
• Minimum 10 years of relevant experience in accounts payable or finance.
• Experience with payments, general ledger and Netsuite.
• Proficiency in payroll within Netsuite preferred.
• Strong understanding of accounting principles and practices.

Responsibilities

• Lead end-to-end accounts payable processes, including vendor invoices and payments.
• Manage a team of specialists and ensure adequate coverage.
• Collaborate with payroll to ensure accurate employee payments.
• Maintain accurate financial records across bank accounts and GL.
• Reconcile AP balances with the general ledger and resolve discrepancies.
• Provide insights on AP trends and assist audits.
• Build relationships with vendors and internal stakeholders.

Skills

Netsuite

Accounts payable

Payroll processing

General ledger

Vendor management

Process improvement

Financial reporting

Accounts reconciliation

Team leadership

English communication

Education

Bachelor's degree in accounting

Tools

Netsuite software

Job description

About Job

As an Accounts Payable Manager you will contribute to our mission of revolutionizing the HR industry with cutting-edge solutions. As an integral part of our accounting team, you will play a crucial role in managing our accounts payable processes and ensuring accurate and timely payment processing.

What You’ll Do

• Manage end-to-end accounts payable processes, including vendor invoice processing, verification, and payment issuance for all regions (India time zone).

• Manage team of specialists and ensure appropriate coverage is available to support business. Manage performance and provide timely feedback to team.

• Partner with the payroll team to ensure accurate payments to supported employees

• Work with banking partners to ensure efficient relationships and rails are made for executing payments across all regions

• Maintaining accurate financial records and reports across multiple bank accounts

• Payments to all members are done on time.

• Ensure on-time payments to statutory bodies

• Maintain accurate records of all accounts payable transactions, ensuring compliance with company policies and financial regulations.

• Resolve discrepancies and issues related to invoices and payments, both internally and externally.

• Build and maintain strong relationships with vendors, addressing inquiries, and resolving payment-related concerns promptly and professionally.

• Collaborate with internal stakeholders to ensure smooth communication with vendors and effective resolution of payment-related matters.

• Leverage your expertise in Netsuite to efficiently manage payroll payment processing, ensuring employees receive accurate and timely compensation.

• Collaborate with the HR team to validate payroll data and resolve any discrepancies in payroll-related transactions.

• Utilize your experience in the general ledger to ensure proper coding and allocation of accounts payable transactions.

• Reconcile accounts payable balances with the general ledger and investigate and resolve any discrepancies.

• Assist in generating relevant financial reports related to accounts payable and payroll activities.

• Provide insights and analysis on accounts payable trends, payment patterns, and potential areas for improvement.

• Support the finance team in preparing for internal and external audits related to accounts payable and payroll processes.

• Ensure adherence to accounting standards and regulations in all accounts payable operations.

Skills & Qualification

• A bachelor's degree in accounting or a related field, or equivalent combination of education and experience.

• Minimum 10 years of relevant work experience in accounts payable or finance roles.

• Experience with accounting in payments and general ledger.

• Demonstrated proficiency in using Netsuite for accounts payable and payroll processing.

• Preferably, at least 3 years of hands-on experience in payroll payment processing within Netsuite.

• Strong understanding of accounting principles and practices.

• Ability to analyze financial data and interpret reports.

• Meticulous attention to detail, ensuring accuracy in payment processing and data management.

• Fluent in English with excellent communication and interpersonal skills, capable of building strong relationships remotely.

• Ability to collaborate effectively with cross-functional teams and external vendors.

• Proven ability to identify issues, propose solutions, and implement process improvements.

• Strong organizational skills to manage multiple tasks and prioritize deadlines effectively.