Team Lead - Accounts Payable

Eaton Corporation; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Eaton Corporation seeks a Team Lead: Accounts Payable on the Global Financial Services and Systems Purchase-to-Pay team in Pune. You will provide functional production support for Oracle and SAP AP systems and supervise the AP team in a fast-paced, global environment.

You will drive process improvements, coordinate with sites, and ensure controls and compliance with financial policies and PTP controls while supporting transition efforts and timely month-end close.

Qualifications

• Bachelor/Masters degree in accounting, MBA, or Finance.
• 6+ years varied accounting, information systems or finance experience.

Responsibilities

• Provide functional production support for Oracle and SAP AP systems and Eaton interfaces.
• Lead transition and project management for centralization and optimization initiatives.
• Supervise the AP team to meet project timelines and service levels.
• Collaborate with stakeholders to drive a seamless process and resolve issues.
• Drive internal controls and compliance with financial policies and PTP controls.

Skills

Team leadership

Purchase to Pay

Invoice processing

Vendor query resolution

Month-end close

Communication skills

Attention to detail

Time management

Mentoring

Matrix organization

Education

Bachelor's/Master's in accounting or Finance

MBA in Finance

Tools

SAP

Oracle

Job description

Overview

This position is a Team Lead: Accounts Payable on the Global Financial Services and Systems Purchase-to-Pay team, supporting AP processes and procedures for both Oracle and SAP based systems.

• The primary responsibilities include providing functional production support for the Oracle and SAP accounts payable systems and related Eaton interfaces, supporting the development and implementation of accounts payable process improvements, new initiatives in a fast-paced, ever-changing, global environment and supervisory oversight of the AP team.
• Transition and Project Management: Leads and actively participates in the Accounting Centralization & Optimization initiatives through planning, process design and alignment to global standards, UAT and support post transition. Activities include building a partnership with each site to understand business processes, participating in site assessment reviews.
• Management and supervisory oversight of the AP team and ensure they meet key project and roadmap timelines and service levels.
• Collaborate with key stakeholders to drive a positive customer experience.
• Internal Controls and Compliance: Drive controls and compliance by ensuring processes comply with applicable financial policies and PTP key controls.

Business Partner

• Effectively communicates and engages with customers to keep them abreast of project progress, potential risks as well as develop suitable mitigating plans.
• Advices customers on key accounting and process issues to drive resolution to comply with our controls program and financial policies.
• Collaborates with upstream and downstream stakeholders to drive a seamless process and resolution of issues.

Continuous Improvement

• Drive a lean and compliant process. Ability to identify patterns, trends, issues in the process and translate these into process improvements.
• Identify and document functional requirements, guidance on solution approach, create and execute test plans and other data validation requirements to enhance the overall process and technical solution effectiveness.

Qualifications

Requirement:

• Bachelor/Masters degree in accounting, MBA, or Finance
• 6+ years varied accounting, information systems or finance experience

Skills

• Experience leading a team in a large shared service and matrix organization
• Knowledge of Purchase to Pay process, Invoice Processing, Reconciliation, Vendor Query resolution
• Process Governance: Supports month-end close processes, achieves month close deadlines by driving effective close procedures, timely resolution of any issues
• Financial accounting systems experience in AP and/or GL within SAP and/or Oracle platforms
• Excellent problem solving and written and oral communication skills
• Detail-oriented with effective organization and time management skills
• Highly motivated, highly analytical and a self-starter
• Ability to mentor other team members
• Ability to work in a highly matrix environment and drive results through self and others