Description
Manages the day-to-day operations of the Accounts Payable team (7-8 FTEs) in the Italy Finance Shared Service Center. This includes daily management of payable accounting process and transactions. Identifies & measures departmental performance metrics to ensure the expected level of service to the business and to the overall finance department. Plays a key role in the implementation of various initiatives to enhance and improve efficiencies within the payable process and function.
Responsibilities
1. Lead, manage, and develop a team of Accounts Payable clerks, providing training, guidance, and performance management
2. Oversee the timely and accurate processing of supplier invoices, credit notes, and payment requests in accordance with company procedures
3. Ensure that all accounts payable transactions are accurately recorded in the accounting system and that supplier statements are reconciled
4. Monitor and review outstanding payables and ensure that any overdue accounts are promptly addressed
5. Prepare Journal Entries as part of the month end closing
6. Manage month end closing activities for costs and payables accounts collaborating with the controlling team and all finance functions
7. Review/Perform monthly reconciliations of AP balances
8. Provide a significant role in AP accounting system development
9. Participate in developing policies and procedures for financial reporting systems
10. Respond to internal customers and troubleshoot invoice processing issues in a timely manner working directly with multiple departments and locations
11. Interact & respond to questions and concerns from vendors
12. Identifies, measures and drives the department key performance indicators to ensure the team is operating effectively & efficiently
13. Develop and implement best practices to improve the efficiency and accuracy of the accounts payable function
14. Works closely with the accounting department to ensure collaboration on processes and tasks
15. Support the hiring, training and development of AP team
Requirements
1. Bachelor's Degree in Accounting or Finance
2. 5 years of relevant Accounts Payable processing experience in SAP platform, including 2 years of Team Lead
3. In-depth understanding of Finance, especially in General Ledger management
4. Experience in SSC setting is advantageous
5. Proficiency in SAP Finance
6. Experience with internal controls, such as SOX, is beneficial
7. Exceptional independent and teamwork skills
8. Strong ability to multi-task and prioritize workload
9. Strong analytical and problem solving skills
10. High level of accuracy
11. Strong attention to detail
12. Strong organizational and time management skills
13. Ability to communicate effectively verbally and in writing
14. Ability to interact with employees and vendors in a professional manner
15. Ability to work independently and with a team in a fast-paced and high-volume environment with emphasis on accuracy and timeliness
16. Must have a strong work ethic
17. Must be well organized and a self-starter
18. Must be able to follow standard filing procedures
19. Detail oriented, professional attitude, reliable
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