Account Payables (Non-Trade)

Overview:

Finance (Non-Trade Account Payables) is a role responsible for overseeing the non trade payables function and ensuring that the accounts payable team operates eiciently, accurately, and in compliance with the company's policies and procedures.

Key Responsibilities:

o Develop and implement strategies to optimize the non-trade payable process, improving iciency and compliance across all areas of accounts payable.

o Maintain a robust control environment to ensure all payments are made accurately, on time, and within the defined vendor terms.

o Drive process improvements, automation, and best practices in non-trade accounts payable.

o Provide guidance and support in resolving complex payables issues, disputes, and discrepancies. o Organize training and development opportunities for team members to build their skills and knowledge in accounts payable and broader finance functions.

o Oversee payment processing and ensure cash flow is optimized by managing payment schedules for non-trade payables.

o Collaborate with other finance teams to ensure accurate forecasting of cash flows, accounting for upcoming payments.

o Recommend and implement strategies to minimize late payment penalties and optimize working capital.

o Ensure timely and accurate reporting of non-trade accounts payable transactions and related financial data.

o Review and approve monthly payables reports, aging reports, and reconciliations, presenting key insights to senior management.

o Support month-end and year-end closing activities, ensuring accurate and complete financial reporting.

o Provide analysis and insights into trends in non-trade payables, identifying opportunities for cost savings or operational improvements.

o Ensure adherence to the company's internal policies and regulatory requirements in all aspects of non-trade accounts payable.

o Support internal and external audits by providing relevant documentation and addressing audit queries related to payables.

Key Skills and Qualifications:

o Chartered Accountant with 0-4 years of experience in accounts payable or finance operations. Experience in eCommerce or quick commerce companies is a strong advantage.

o Advanced proficiency in SAP and MS Excel (advanced functions, including VLOOKUP, Pivot Tables).

o Familiarity with integrated financial systems, ERP tools, and accounts payable automation solutions.

o Strong understanding of financial reporting, reconciliation processes, and cash flow management.

o Excellent communication and interpersonal skills, with the ability to build relationships with both internal stakeholders and external vendors.

o Strong problem-solving and analytical abilities, with the capacity to address complex issues and implement eective solutions.

o Ability to work under pressure, manage multiple priorities, and adapt to a fast-paced and constantly evolving environment.