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 effective 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+ Membe