Key accountabilities and decision ownership:

• Supervise the end-to-end Procure-to-Pay (P2P) cycle, including invoice processing, 3-way matching (PO, GRN, Invoice), and payment execution.
• Manage a team of AP specialists, overseeing workload distribution, performance, and professional development.
• Ensure all invoices and payments are processed accurately, on time, and in compliance with company policies and approval matrices.
• Act as the primary point of contact for vendor inquiries and payment-related issue resolution, maintaining positive vendor relationships.
• Oversee the AP month-end closing process, including accrual preparation, GR/IR reconciliation, and AP sub-ledger to general ledger reconciliation.
• Drive process improvement and automation initiatives within the AP function to increase efficiency and reduce processing costs.
• Manage compliance with tax regulations (e.g., WHT) and support internal/external audits by providing required documentation and explanations.
• Develop and report on key AP performance metrics to management.
• Days Payable Outstanding (DPO): Maintain DPO within the target range of 45-60 days.
• Invoice Processing Cost: Reduce cost per invoice by 10% through automation.
• On-Time Payment Percentage: Achieve >98% on-time payment to vendors.
• Early Payment Discount Capture Rate: Achieve >80% capture rate on available discounts.
• Invoice Exception Rate: Reduce invoice exception/error rate to below 3%.
• First-Time Match Rate: Increase the first-time match rate for PO-based invoices to >90%.
• Accounts Payable Management: Advanced
• Procure-to-Pay Process: Advanced
• Vendor Relationship Management: Intermediate
• Internal Controls: Intermediate
• Team Supervision: Intermediate

Qualifications and Skills:

• Bachelor's degree in Accounting, Finance, or Business Administration.
• Minimum of 5-7 years of experience in Accounts Payable, with at least 2 years in a supervisory or team lead capacity.
• Experience in a manufacturing or multinational company environment is required.
• ERP Systems (SAP S/4HANA - FI/MM modules): Advanced
• Microsoft Excel: Advanced
• Understanding of P2P cycle: Advanced
• Local Tax Regulations (WHT): Intermediate
• Communication and Negotiation: Intermediate

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