Junior Manager – Process Lead (Accounts Payable)

 Published Date: August 23, 2021
Employer:IFFCO
Job Title: Junior Manager – Process Lead (Accounts Payable)
Location: Sharjah, United Arab Emirates
Job Type:Unspecified
Category:Accounting and Auditing
Description: KEY RESPONSIBILITIES – STRATEGIC:
  • To drive and achieve the defined SLA and Key Performance Indicators for AP related business process
  • Provide assistance to the Team lead & Tower lead of AP
  • Identifying the knowledge gaps in the team members and train the team to overcome the same
  • To analyze the AP reports accuracy & highlight the differences
  • To identify and fix the issues after posting of invoice un-till supplier gets paid
  • To publish the dash board for supplier recon, control frame work, etc. to management
  • To work with Project team in implementation of process digitization with hands on experience in OCR/ICR, RPA & AP Workflows

KEY RESPONSIBILITIES – PEOPLE:
  • To train and mentor the Process executives & Sr. Process executives on the payment processing, Urgent payment desk, reconciliation, Invoice processing, helpdesk, AP Exception process, AGIS processes
  • To track and report the individual performance of the team
  • To identify and develop the backup / successor for the continuity of the role requirement

KEY RESPONSIBILITIES – OPERATIONAL:Complex account entries:             
  • To be able to perform the complex re-class, Corrections and MEC exceptions entries in AP workbench

Solution approach:      
  • To come up with the solution to resolve the supplier queries

To apply the knowledge:               
  • To strengthen the AP processing by identifying the critical suppliers for the BU’s and performing the proactive reconciliation for the missing / dispute issues to resolve

To apply the knowledge:              
  • To strengthen the AP processing & Cash disbursement requirements with cash management team

Audit compliance:            
  • To ensure the audit compliance and provide the report as required

Documentation:                
  • To prepare / Update the documentation for all the activities of AP Team

TYPICAL OUTPUTS
  • Process documentation, Payment processed report, Urgent desk SLA
  • Critical to Business Suppliers Reconciliation, Monitoring and publishing 
  • POT, Supplier queries
  • Root Cause Analysis (RCA)

Key performance indicators (KPI) / KPI Monitors
  • TAT, Accuracy on invoices booking and payments
  • Number of critical suppliers queries managed
  • Supplier reconciliation process
  • Reporting’s and Dash boards
  • Process documentation
Qualifications:
Education:Bachelor's degree / higher diploma
Experience:Min: 3 Max: 6
Salary:Unspecified
Contact:
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Posted in Accounting and Auditing