Senior Manager Payables
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Job Summary
About the Role
The Senior Manager Payables will lead the end-to-end accounts payable function ensuring accurate invoice processing vendor management reconciliations and timely payments. The role focuses on optimizing cash flow maintaining compliance with financial controls and driving process automation and operational efficiency within the payables team.
Key Responsibilities
Accounts Payable Operations
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Oversee the full accounts payable (AP) process ensuring accuracy and timeliness in invoice processing and payments.
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Establish and maintain AP policies procedures and internal controls.
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Validate and approve invoices in line with financial governance standards.
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Ensure all payments are processed as per approved terms and timelines.
Vendor Management
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Maintain strong vendor relationships and resolve invoice or payment discrepancies.
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Conduct timely vendor reconciliations and maintain updated supplier records.
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Negotiate favorable payment terms to support cash flow optimization.
Month-End & Year-End Closing
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Manage AP-related activities during monthly and annual financial closes.
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Review and prepare reports including vendor ageing accruals and payment summaries.
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Ensure accurate expense classification and reporting.
Audit & Internal Controls
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Ensure adherence to internal control frameworks and company financial policies.
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Support internal and external audits with reconciliations and documentation.
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Identify and mitigate risks related to accounts payable operations.
Process Improvement & Automation
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Identify opportunities to automate AP workflows and improve system efficiency.
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Collaborate with IT and finance teams to enhance ERP performance.
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Implement best practices for faster turnaround and cost-efficient operations.
Team Leadership & Collaboration
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Lead coach and develop a team of accounts payable professionals.
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Coordinate with procurement treasury and finance teams for seamless operations.
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Communicate effectively with stakeholders on payment schedules and compliance matters.
Candidate Profile
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12 years of experience in accounts payable finance or accounting ideally within a large retail or corporate environment.
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Strong knowledge of ERP systems (SAP Oracle etc.) and proficiency in MS Excel.
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Bachelors degree in Finance Accounting Commerce or related discipline.
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Proven leadership skills with a focus on operational excellence and stakeholder management.
Key Skills
- Program Management
- FDA Regulations
- Management Experience
- Facilities Management
- Clinical Development
- Data Management
- Quality Systems
- Project Management
- Research & Development
- GLP
- Budgeting
- Leadership Experience
About Company
We are a trusted management consulting firm with a key focus on Search and Advisory solutions. Our purpose is to engage with leading organizations and support their human capital needs. We understand the challenges that our clients face while filling a vacancy and our candidates who s ... View more
