Key Experience Requirements:
- 1012 years of progressive experience in Accounts Payable (AP), Should be from shipping industry.
- Demonstrated expertise in end-to-end AP operations, including team leadership and performance optimization.
- Proven ability to:
- Build and lead a high-performing AP team, fostering accountability, efficiency, and continuous improvement.
- Standardize AP processes across multiple locations to ensure scalability and operational excellence.
- Ensure internal control compliance to minimize financial risks, penalties, or losses.
- Manage vendor payments within agreed credit terms and ensure Days Payable Outstanding (DPO) targets are consistently achieved.
- Oversee and verify all payments for compliance with company policy and local statutory requirements.
- Prepare and analyse AP reports, including actuals, forecasts, budgets, and cost trends.
- Collaborate with cross-functional teams during internal/external audits, statutory filings, and group-level financial reporting.
- Drive automation and process improvement initiatives within the AP function.
- Ensure timely remittances to principals and adherence to all contractual obligations.
- Partner with senior leadership, providing actionable financial insights and recommendations.
- Lead tax, compliance, and regulatory activities related to Accounts Payable.
- Support management through financial analysis, dashboards, and presentations that inform decision-making.
Skills & Competencies
- Technical Proficiency:
- SAP (FI Module) and AP automation tools; SAP S/4HANA experience preferred.
- Strong working knowledge of MS Office, especially Excel and PowerPoint.
- Domain Expertise:
- In-depth understanding of reconciliation, taxation, and financial controls.
- Familiarity with shipping industry finance processes, including agent/principal remittances.
- Leadership & Communication:
- Strong stakeholder management and vendor relationship skills.
- Excellent communication, analytical, and problem-solving capabilities.
- Detail-oriented with a proactive, process-driven, and improvement-focused mindset.
- Open for Night shift with work from office pattern.
Qualifications & Education
- Master's degree (or equivalent) in Commerce, Accountancy, or Finance.
- Chartered Accountant (CA) or Cost Accountant qualification preferred.
