Accounts Payable Manager (Mahape, Navi Mumbai)

About Us

Hyva Group is a leading global provider of innovative and highly efficient transport solutions for the commercial vehicle and environmental service industries. The company is committed to the development, production, marketing and distribution of components used in hydraulic loading and unloading systems on trucks and trailers. Its products are used worldwide across a range of sectors including transport, construction, mining, materials handling and environmental services providers.

Founded in 1979, the company is headquartered in Alphen aan den Rijn in The Netherlands and operates in more than 110 countries with over 3,500 employees around the world. The Hyva Group encompasses more than 30 subsidiaries globally, with an extraordinary sales and service coverage and 14 production facilities in Brazil, China, Germany, India, and Italy, with more than 20,000 customers.

About The Role

The Accounts Payable Manager oversees the daily finance operations in terms of transaction processing.

This position ensures timely and accurate transaction processing in respect of the Purchase-to-pay, expense processing and on-time Supplier Payments. The manager establishes and enforces proper accounting methods, policies and principles.

Your key responsibilities will include but not limited to:

• Oversee and guide team members, providing coaching, feedback, and support to help achieve individual and collective goals
• Provide focus on maintaining and improving transaction processes and systems to ensure the effective processing of financial and operational information and the adequate safeguarding of Hyva assets;
• Ensure efficient, timely and accurate processing of accounts receivable including payments, dunning, release credit blocks etc.;
• Ensure efficient, timely and accurate processing of accounts payables;
• Maintain an appropriate internal control environment in terms of P2P
• Ensure on-time payment to suppliers;
• Ensure on-time book closure
• Enforcing policies and procedures.
• Establish and maintain work instructions

Main KPIs of the role:

• DPO
• % Overdue Payables
• Number of manual journals
• % Straight-through invoices
• Lean initiatives identified
• Lean initiatives implemented

On-time payments

About You

To be successful in this role you will have:

Education:

• B.Com/ M.Com/ MBA- Finance
• Minimum 7+years of relevant experience
• Candidate working with Manufacturing Industry will be preferred

What We Offer

• We care about ecology and are truly sustainable. Not only for the environment but also for social resources.
• We are a Great Place to Work certified company!
• Competitive salary