Job Description
Operations Manager-Accounts Payable
Location:Hyderabad
Salary Range(Offered Range):25LPA to 30LPA
Job Responsibilities:
Accounts Payable Operations & Compliance:
Oversee daily accounts payable functions, ensuring efficient workflow, accuracy, and adherence to company policies.
Maintain compliance with financial regulations, internal controls, and corporate governance standards.
Lead reconciliation efforts, resolving discrepancies while ensuring timely vendor payments.
Leadership & Team Management:
Supervise and mentor Operations Leaders and Assistant Managers, ensuring optimal performance, engagement, and professional growth.
Conduct team meetings, addressing operational challenges and implementing procedural improvements.
Develop and implement training programs, motivational strategies, and diversity initiatives to enhance team culture.
Monitor employee turnover rates, establish retention strategies, and drive talent development initiatives.
Process Optimization & Innovation:
Implement process improvements using Six Sigma/Lean methodologies to enhance efficiency and productivity.
Identify bottlenecks in the accounts payable workflow and develop solutions for streamlined operations.
Drive automation initiatives, leveraging technology to improve accuracy and reduce manual intervention.
Stakeholder Collaboration & Reporting:
Engage with senior management, tax teams, controllership, and audit personnel to ensure compliance and operational alignment.
Prepare and present comprehensive financial reports, ensuring transparency and strategic decision-making.
Liaise with vendors and site liaisons, addressing payment concerns while maintaining strong partnerships.
Candidate Requirements
Educational Background: BCom / MCom / MBA (Finance)
Work Experience: 12-15+ years in Accounts Payable or a similar function, with 10-12years in a supervisory or leadership role equivalent to an Assistant Manager. Prior experience of handling team of 35+ Members.
Technical Proficiency: Hands-on experience with SAP ERP and competency in Microsoft Office (Excel, Word, PowerPoint, Outlook).
Flexibility: Ability to work in shifts and adapt to evolving business needs
Industry Expertise: Prior experience in finance operations within a corporate or shared services environment. Strong understanding of BPO processes, quality systems, and transactional effectiveness (e.g., workflow, Six Sigma, complaint resolution).