Director - Accounts Payable - Telecom

Director - Accounts Payable

Skills : Shared services, Accounts Payable, Procure to Pay, P2P, accounting, chartered accountant, financial accounting, creditors, payments, balance sheet

Job Description : Lead and direct the Global Accounts Payable function consisting of the Invoice to Pay process

Drive transformation in the function including hiring team members, implementing new systems and technologies

Client Details : Our client is within the telecommunications industry and is a mid-sized international organisation with an established shared services setup in Navi Mumbai. Our client provides cutting edge solutions for telecom service providers and caters to a loyal market in Europe, North America and Asia

Description :

As the Director - Accounts Payable, you will be based in Navi Mumbai and your responsibilities will include :

- Lead automation in AP area to achieve status "in line with industry best practices

- Lead by example of integrity, consistency and structured approach

- Nurture talent, develop the team and ensure succession planning top-to-bottom

- Achieve satisfaction of external and internal stakeholders

- Develop set of meaningful KPIs and establish the culture in the team of constant search for improvements

- Optimize Creditor's ledger ageing with priority of compliance with suppliers' T&Cs

- Manage supplier payment cycle and maintain on-time invoice matching

- Run wholistic risk management of accruals to maintain correct level of liabilities at month end. Close coordination with R2R team.

- Minimize erroneous payments and resolve fast anomalies

- Identify control risks, create of mitigating controls, document processes;

- Suggest ways to improve procurement activities, including supplier management

- Mitigate fraud risks arising from phishing emails & fake invoices

- Manage asset base of the company:

- Automate data management processes;

- Create transparent reporting with sufficient flexibility of disclosure for both Group and Statutory accounting purpose;

- Identify cost inefficiencies and lead improvements;

- Deliver short- and long-term forecasting outlooks

- Assess skill level and future potential of the team members and distribute roles and responsibilities accordingly;

- Proactively assess the need for and suggest restructuring and amendment of the team;

- Motivate, inspire and develop each individual member of the team to achieve high satisfaction, productivity and career progression;

- Encourage and facilitate inter-functional communications with objective to minimize communications' bottlenecks

Profile :

As a successful Director - Accounts Payable you should be/ possess

- Expertise in Accounts Payable including best practices, technologies, processes, procedures and tools

- Experience managing and transforming a client-service oriented function

- Ideally qualified accountant. At least- knowledge of general accounting practices, financial management, sourcing, and contracting processes

- Expertise in SAP or any other major ERP

- Experience of supervising managers of multifunctional or global teams in the past

- Experience and comfort with remote management

- Result oriented, with high level of motivation for self-growth, along with the drive for growing team members and overall organization

- Experience working for a multinational organization and working with colleagues internationally

- Excellent stakeholder engagement skills and ability to communicate effectively with clients of all levels and with fellow project team members

- Hand on

- Self Starter

- Cultural sensitivity

Job Offer :

- Complete autonomy over the Global Payables function and part of the global CFO's office

- Flexible culture, work-life balance and industry-leading pay

- Page Group India is acting as an Employment Agency in relation to this vacancy.

Contact - Andrew Simoes - +91 (0) 22 4236 3355

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