Manager Accounts Payable

Job Summary

We are seeking a skilled Manager Accounts Payable to join our GLBL BusSvcs India & AP ITP -Global Finance Services Division team.

The preference for this role is to be based out of Whitefield Office, Bangalore, India

What you will do

• To manage the Invoice to Pay (ITP) process work with the service provider for monitoring and delivering of services.
• Expected Vendor Master Experience by analysing the gaps between PROcure and ERP
• In a position to identify the Vendor Master issues proactively, where not able to initiate the payment to supplier.
• Adherence of Organization SOX Controls
• Engaging with the team to enhance skills and resolve process-related queries is a crucial part of building a strong, efficient workflow.
• Minimize the risk exposure of the enterprise by ensuring compliance with the policies & procedures for Invoice to Pay process.
• From the outset, the accountant will be expected to be a contributing performer, performing financial/decision support accounting work that supports business processes.
• Additionally, this position will develop an expanded understanding of Caterpillars business and accounting practices, systems, and procedures.

• Coordinate with the Service provider for accounting the vendor invoices, grief resolution and timely payments.

• Monitor the quality of the deliverables by reviewing the vendor invoices accounted in SAP

• Perform quality audits to validate the accuracy on the vendor invoice accounting and vendor payments.

• Monitor the invoice grief and payment grief for timely resolution and follow the governance process in case of escalations.

• Monitor the service deliverables through designated system and tools. Should be conversant with interactive dashboards to analyze and arrive insights for discussion with the service provider.

• Review the payable reconciliation for aged balances and coordinate with the service provider and Business units for resolution.

• Utilizes various computerized systems to accumulate and process data and identifies process improvement opportunities within Trade & Exchange to improve compliance efficiency.

• The variety of accounting tasks ranges from low to medium complexity. Interaction outside the workgroup is typically with peers. As the Accountant gains experience, he/she will develop a technical understanding of more complex accounting issues and expand their decision-making capability.

The accountant will demonstrate knowledge and ability to independently handle accounting issues. They will demonstrate good communication skills and have an expanded knowledge of Caterpillars businesses, products, suppliers and customers

What you will have

Background/Experience/Skills & Capabilities

• Degree in accounting with at least 12 years of accounting experience.

• Incumbent must demonstrate knowledge of policies and procedures, plus initiative, leadership, excellent analytical skills, problem solving, good judgment and superior communication skills.

• Accounting skills and a strong knowledge of Payments activities is required.

• Excellent interpersonal skills are required to deal with highly sensitive issues, develop others or persuade others inside and outside the department take specific actions.

• SAP experience preferred.
• Flexibility to work in any shifts required.
• This position requires the candidate to work a 5-day -a -week schedule in the office

Skills desired:

Process Management: Knowledge of business process improvement tools and techniques; ability to understand, monitor, update, control, or enhance existing business or work processes.
Level Working Knowledge:Employs process flows, cycle time, process time and waste concepts as appropriate.Walks through steps, decisions, measurements, dependencies and hand-offs for a specific process.Creates process flow or work flow diagrams.Documents types of process decisions and potential impact of each decision.Identifies and monitors common process bottlenecks.Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Level Working Knowledge:Accurately gauges the impact and cost of errors, omissions, and oversights.Utilizes specific approaches and tools for checking and cross-checking outputs.Processes limited amounts of detailed information with good accuracy.Learns from mistakes and applies lessons learned.Develops and uses checklists to ensure that information goes out error-free.Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
Level Working Knowledge:Applies an assigned technique for critical thinking in a decision-making process.Identifies, obtains, and organizes relevant data and ideas.Participates in documenting data, ideas, players, stakeholders, and processes.Recognizes, clarifies, and prioritizes concerns.Assists in assessing risks, benefits and consideration of alternatives.Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Level Basic Understanding:Explains basic concepts of time and priority management.Seeks guidance in detecting and addressing priority conflicts.States own business priorities.Describes team or unit priorities.Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Level Working Knowledge:Identifies and documents specific problems and resolution alternatives.Examines a specific problem and understands the perspective of each involved stakeholder.Develops alternative techniques for assessing accuracy and relevance of information.Helps to analyze risks and benefits of alternative approaches and obtain decision on resolution.Uses fact-finding techniques and diagnostic tools to identify problems.Leadership: Knowledge of leadership practices and processes; ability to use strategies and skills to enlist others in setting, embracing and achieving objectives while having a long-term perspective of the future state of things and how to get there.
Level Basic Understanding:Lists 10 characteristics (charisma, integrity, etc.) that distinguish leaders from non-leaders.Explains several leadership theories.Describes how a leader's mood affects group behavior and productivity.Provides examples of how leaders signal their goals, intentions, and attitudes through behavior.Accounting: Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes.
Level Basic Understanding:Lists the major responsibilities of the accounting staff.Explains the basic concepts and terminology of accounting.Describes key activities of established accounting processes.Identifies the basic tools used for maintaining accounting information.Accounts Payable (A-P): Knowledge of an organization's billing requirements; ability to utilize the proper tools and follow accounts payable practices and procedures.
Level Working Knowledge:Verifies that goods and services were delivered as promised.Documents current accounting practices and closing cycle procedures and requirements.Assists in processing discounts and special invoices.Processes accounts payable transactions as a regular part of daily work.Prepares purchase orders, invoices, receipts, debits, credits and adjustments

Additional Information:

Relocation is available for this position.