Operations Manager - Accounts Payable

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).