Global Payables Manager

, indexing, payments, vendor master creation and maintenance, answering supplier queries, resolving customer queries etc. with a high degree of efficiency and quality for Eaton business units. This position is responsible for managing the PTP function and is responsible for the development and deployment of the PTP strategy. This position is also responsible for managing key production metrics and activities associated with quality audits.

• To take accountability and responsibility for the day to day delivery of the Accounts Payable process for the ledgers that are on ORACLE

• Operation and Functional Responsibility: This position would report directly to the Process Lead _ PTP with Operation and functional responsibilities. The position is operationally and functionally responsible for the Accounts Payables process for the ledgers on ORACLE and SAP. The primary task would be to build a scalable and capable organization to deliver quality services at optimal cost. This position would also require working in collaboration functionally with other shared services to deploy organizational strategy and design. To provide functional expertise in support of one or more end to end business process/services in support of all sub AP process such as Invoice scanning, Invoice booking , Payments , Vendor & Inter-company reconciliations , AP period closures , AP SL Vs. GL reconciliations , GRNI & Hold resolutions , Customer and supplier query management systems , Supporting internal and external audits & most importantly compliances like WHT etc and its reconciliations etc.

• Customer Engagement: This position would be responsible for building customer relationship across all customer segments. Developing initiatives, scheduling regular operational reviews in the process enhancing the quality of services to the customers.

• People Management: This position would be responsible for managing the teams with responsibility for mentoring and developing potential team leads/managers. Building Organizational Capability would be one of the primary objectives of this position. Manages, motivates, and appraises the performance of a team of Accounts Payables professionals.

• Control & Compliance: Control Changes & Governance of the standard process and reviews regularly with Process Leader/Peer Reviews/IA/ SOX/ EY audit team. Ensuring compliance of the entity with Sarbanes-Oxley Act (Section 404/302) and Co-ordinate with the Statutory/Internal auditors to facilitate the audit process.

Qualifications:

Requirement:

• Experienced Manager of People (12-15yrs years) is essential, preferably a CA/MBA/ICWA

• Must have handled a team of minimum 40+ FTE's

• Knowledge of ERP required - Oracle, SAP, MFGPRo

• Strong process knowledge of PTP cycle and Payments

• Knowledge of SOX/ US GAAP/ India regulatory/Internal control

• Effective communication with ability to build successful teams

• Strong leadership skills

• Excellent written/oral communication skills

• Demonstrated process improvement and project leadership skills

• Ability to independently achieve consensus and bring forward new ideas to remove barriers

• Proactive work style

• Ability to work under pressure and balance many assignment at one time

• Proven Record of delivery of process improvements.

• Ability to own a project and bring it to a logical and successful completion

• Change Management Experience is preferred

• Analytical bent of mind and problem solver

• Core knowledge of AP- Purchase to Pay Cycle

• Strong organization agility to respond to changing business requirements and demands

• Intellectual rigor

Skills:

• EBS Culture: Implement EBS Pull to the core.
• Customer Engagement and Satisfaction: Drive customer engagement and satisfaction by meeting customer expectations and needs, build customer facing KPIs, voice of customer thru periodic meetings and ensuring timely resolution to customer queries/feedback etc
• Service Delivery: To ensure that the service delivery is being managed in accordance with the agreed processes and procedures with regard to:
• Service definition: Service level management, including reporting
• Documentation, including maintenance of appropriate review documentation and audit trails
• Change control (with both customers and suppliers)
• To report and escalate service issues in an appropriate and timely fashion and initiate timely, corrective action where required.
• Process Centric: Develops the organization to make creativity and innovation a process rather than an occurrence, to address efficiency and process cycles.
• Process Standardization: Regular review of existing controls and Governance of the standard processes and ensuring alignment to global defined SSC processes.
• Process Culture: Defines controls and enforces standard processes for Accounts Payables across ISSC-Pune, working in tandem with other shared services/COE's
• Strong Control environment: Ensure processes are compliant with SOX and Internal audit guidelines. To ensure compliance of the entity financial practices with all respective statutory and Indian Accounting/Eaton Financial Policies requirements
• Quality culture: Drive and leverage various systems and tools to automate processes and drive process improvements. Encourage use of quality tools like BPI, EBE, etc.
• Continuous Improvement: To demonstrate a practical approach to continuous improvement of the processes which directly manage the delivery of our services. Improve formalized standards and procedures in using new technologies and facilitates others in learning new technologies
• Supplier Management: Ensuring supplier queries and issues pertaining to invoices, payments etc are promptly addressed by working with various stakeholders to drive resolution. Ensure ease of doing business with Eaton.
• To participate in projects, provide support to working parties and advise on financial practice within the accounting and related transactions area.
• To identify and manage risk in his/her business activities and take responsibility for reporting risks in a timely, open and appropriate manner
• To Communicate Shared Service Centre Strategy within Eaton and creates and align goals accordingly to teams and individuals.
• People Management: Be a people builder by building the next line of leadership.
• Understands the key fundamentals that drive the business results success of the organisation and its customers and suppliers
• Growth: Establish & grow the AP process to take up end to end ownership of the work performed out of SSC Pune