Job Description
About KPMG in India
KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.
KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.
We are looking for a detail-oriented Accounts Payable Lead who will be responsible for overseeing the accounts payable process and ensuring timely payments to vendors and suppliers. In this role, you will be expected to maintain accurate financial records and reconcile accounts payable transactions. You will also be responsible for managing a team of accounts payable clerks and ensuring that all invoices are processed in a timely and efficient manner.
- Oversee the accounts payable department and ensure timely and accurate processing of invoices, payments, and expense
- Develop and maintain accounts payable policies and procedures
- Ensure compliance with company policies, as well as local, state, and federal regulations
- Monitor and analyze accounts payable processes and recommend improvements to increase efficiency and accuracy
- Collaborate with other departments, such as procurement, Business and finance, to ensure timely and accurate payment of invoices
- Manage vendor relationships and resolve any issues or disputes related to payments or invoices
- Prepare and analyze accounts payable reports, including aging reports, cash flow projections, and vendor performance metrics
- Train and develop accounts payable staff, including setting performance goals and conducting performance evaluations
- Ensure accurate and timely month-end and year-end close processes for accounts payable
- Assist with audits and provide documentation and support as needed
Equal employment opportunity information
KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.
Responsibilities
Key Responsibilities :
- Accountable for Accounts payable processes invoice processing, payment processing, vendor management, vendor query/helpdesk management, employee T&E, Escheatment function, month end work related to accruals etc
- Responsible for guiding the team on matters related to policy and procedures.
- Prepare audit schedule and coordination with the auditors, as required.
- Drive business metric improvement in Procure to Pay area
- Responsible for delivering on SLA/KPIs related to the process
- Responsible for delivering productivity & process transformation & efficiencies by generating & executing ideas.
- Individual would manage a team size of 10-15 people and be responsible for effective performance management of the team.
Qualifications
- B. Com, M. Com, Inter CA (Any finance qualification)
- Minimum 7-9 years of relevant experience
- Subject Matter Expert with a strong understanding of Payable accounting
- Hands on experience with SAP & AP sub-ledgers
- Must have good hands-on experience on Microsoft Excel/PPT/Power BI
- Requires a proactive approach and verbal / written communication.
- Should have strong interpersonal skill to interact with Management, Stakeholder, and peers effectively.
- Ability to communicate and document problems, resolutions, and action plans.
- Metric driven mind set
