Assistant Manager - Accounts Payable - Global Service Centre

About DP World

Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world's trade flow better, changing what's possible for the customers and communities we serve globally. With a dedicated, diverse and professional team of more than 111,000 employees from 159 nationalities, spanning 77 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that's fit for the future. We're rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology - and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we're at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimizing disruptions from the factory floor to the customer's door.

About DP World Global Service Centre

DP World's Global Service Centre (GSCs) are key enablers of growthdelivering standardization, process excellence and expertise, and automation in areas of Finance, Freight Forwarding, Marine Services, Engineering and Human Resources, helping accelerate DP World's growthand business transformation. As we experience exponential growth, there has never been a more exciting time to join us. Discover your next role here and change what's possible for everyone! As an equal employer that recognizes and values diversity and an inclusive culture, we empower and up-skill our people with opportunities to perform at their best.Join us and be part of an amazing team that is transforming the future of world trade.

Role Purpose:The Assistant Manager - Accounts Payable is responsible for overseeing the end-to-end accounts payable process, ensuring timely vendor payments, maintaining accurate financial records, and implementing process improvements. This role requires strong analytical skills, compliance with company policies, and collaboration with internal and external stakeholders.

Designation: Assistant Manager - Accounts Payables

Base Location: Navi Mumbai

Reporting to: Sr Manager Finance.

Key Responsibilities

Accounts Payable Management

• Oversee the accounts payable process, ensuring timely and accurate invoice processing, approvals, and payments.

• Monitor key financial indicators such as HOLD invoices and Advance invoices, ensuring regular tracking and resolution.

• Ensure proper three-way matching of invoices, purchase orders, and receipts.

• Manage vendor reconciliations and resolve discrepancies in a timely manner.

• Ensure compliance with company policies and regulatory requirements for all payables.

Financial Reporting & Analysis

• Review and analyse AP aging reports to monitor outstanding liabilities.

• Assist in monthly and year-end closing processes, ensuring all payables are recorded accurately.

• Prepare reports on payment trends, outstanding liabilities, and process improvements.

• Support internal and external audits by providing necessary documentation and explanations.

Process Improvement & Compliance

• Identify inefficiencies in the AP process and implement automation or process enhancements.

• Ensure adherence to internal controls and financial policies.

• Work closely with procurement and finance teams to enhance payment workflows.

Stakeholder & Vendor Management

• Liaise with vendors to address payment inquiries and discrepancies.

• Collaborate with internal teams, including procurement, treasury, and finance, to ensure smooth operations.

• Negotiate payment terms with vendors to optimize cash flow management.

Team Leadership & Support

• Supervise and mentor junior AP team members, ensuring effective workload distribution.

• Conduct training sessions on AP policies and best practices.

Skills & Competencies:

• Strong knowledge of AP processes, financial controls, and ERP systems.

• Awareness and up to date knowledge of GST, Income Tax & TDS compliance.

• Proficiency in accounting software (SAP, Oracle, etc.).

• Analytical mindset with attention to detail.

• Excellent communication and negotiation skills.

• Ability to manage multiple priorities in a fast-paced environment.

• 6-10 years experience in Accounts Payables, with at least 2-3 Years experience in Supervisory role.

Education & Qualifications:

• Bachelor's degree in accounting, Finance, or related field (CA, CMA, or MBA preferred).

Key Performance Indicators (KPIs)

• Timely processing of invoices and payments.

• Reduction in outstanding payable aging.

• Accuracy in financial reporting and compliance adherence.

• Vendor satisfaction and resolution of disputes.

• Implementation of process improvements and automation.

DP World is committed to the principles of Equal Employment Opportunity (EEO). We strongly believe that employing a diverse workforce is central to our success and we make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, gender, disability, race, religion or belief.