Manager – Accounts Payable

AMS; Chennai District; On-site; INR 1,500,000 - 2,000,000; Full time

Job summary

A leading financial services provider is seeking a Manager – Accounts Payable in Chennai. The ideal candidate will have over 10 years of experience with significant team management skills. Responsibilities include overseeing billing functions and ensuring compliance with regulations. Strong communication and leadership skills are essential. The role offers opportunities for professional development and career progression within a dynamic environment.

Qualifications

• 10-13 years of experience in Accounts Payable.
• 5+ years in team handling experience.
• Experience in SSC/BPO/ITES.

Responsibilities

• Lead Procure to Pay and Billing functions.
• Manage team operations and employee development.
• Streamline business processes and documentation.

Skills

Strong communication skills

Leadership skills

Team management

Self-motivated

Client service focus

Advanced MS Office skills

Education

MBA

Job description

Overview

Manager – Accounts Payable

Job Location: Chennai.

Responsibilities

• Lead Procure to Pay and Billing functions, oversee vendor master management, invoice processing, order management, contract generation, billing, and inventory processes. Supervise P&L management, billing operations, and proactively seek opportunities for business expansion.
• Manage team operations, foster employee development, engage stakeholders, and ensure service delivery excellence.
• Nurture a culture of excellence and accountability within the team; provide mentorship, coaching, and professional development opportunities to enhance skill sets and drive career progression.
• Streamline business processes and documentation, including the establishment and monitoring of KPIs and metrics.
• Continuously monitor SLAs, conduct team presentations, and spearhead process quality enhancement initiatives.
• Identify and implement automation solutions to optimize processes, reduce turnaround time, and enhance efficiency.
• Solicit feedback from internal and external stakeholders, drive process refinements based on insights gathered.
• Mitigate technical, financial, and scheduling risks associated with the transition process.
• Collaborate with SOX, statutory, and internal auditors to ensure compliance and address audit requirements.
• Proactively stay abreast of regulatory changes and industry best practices, implement robust compliance frameworks, and conduct regular audits to mitigate risks and uphold ethical standards.
• Effectively manage change initiatives, communicate vision and objectives, address resistance, and empower employees to embrace change and adapt to evolving business requirements.

Qualifications / Requirements

• Minimum 10-13 years of experience in Accounts Payable domain with a minimum of 5+ years in team handling experience.
• MBA
• Experience in SSC/BPO/ITES
• Strong communication skills for negotiation & reconciliation.
• Good leadership skills and effective team management.
• Self-motivated.
• Commercially focused with a strong client service approach.
• Confidence in dealing with and building relationships both internally and externally.
• Flexible attitude to achieve results.
• Advanced MS Office skills.
• Preferred candidates who are currently based in Chennai.