Hyderabad, Andhra Pradesh, India
Experience :
Qualified accountant
Closes on :
Jul 6, 2024
Job Title: Accounts Payable Specialist
Company: ProArch
About Us:
ProArch is a global technology services provider and an emerging leader in Cloud Solutions, Data and AI, Cyber Security, and Software Quality Assurance.
Responsibilities:
- Define and implement accounts payable processes for accuracy of invoices, payments, and expense reports
- Ensure timely and accurate completion of month-end and year-end financial close
- Develop and maintain effective financial planning processes, including budgeting, forecasting, and financial analysis
- Foster collaboration and communication within the global finance team to ensure successful implementation of standardized processes
- Implement and maintain internal controls to ensure compliance with financial regulations and company policies
- Create a unified process for managing AP across all regions to improve efficiency and consistency
- Simplify and standardize vendor contracts to reduce complexity and enhance compliance
- Automate AP processes to increase efficiency, reduce errors, and free up staff for more strategic tasks
- Reduce AP costs through improved processes and automation
- Optimize payment terms to improve DPO without damaging vendor relationships
- Mitigate risks such as non-compliance, fraud, and vendor instability
- Ensure readiness to quickly integrate AP processes into newly acquired organizations in case of M&A
- Support the CFO and executive team in strategic decision-making by providing financial analysis and insights
- Timely preparation and analysis of global reports
Requirements:
- Chartered Accountant (CA) degree/MBA Finance/Equivalent degree in Finance, Accounting, or related field
- Minimum 8 years of experience in accounting and financial planning
- Strong knowledge of accounts payable processes and best practices
- Exposure to Netsuite would be a definite plus
- Experience in implementing automation would be an added advantage
- Experience in financial analysis and forecasting
- Excellent understanding of financial regulations and compliance
- Proficiency in financial software and MS Excel
- Ability to manage and lead a team
- Strong analytical, problem-solving, and communication skills
- Attention to detail and accuracy
- Ability to work in a fast-paced and dynamic environment
- CPA or CMA certification is a plus
If you have a passion for financial management and the skills to drive our AP processes to new heights, we'd love to hear from you! Apply now to join our dynamic team at ProArch.