CNH Industrial Looking for India Accounts Payable and Shared Service Lead at   Gurgaon Full Time

Function:Finance & Accounts

Business: India AG +CE+ITC

Reports To:Chief Accounting Officer

Mandatory Requirement **: Accounts Payable Core Experience , AR, Similar Industry (OEM, Manufacturing , Automotive ),Excellent Communication , Interpersonal Skill, Managerial Skill

1.)Job Purpose:

·Controlling of Account Payables & Employee Reimbursements

·Continuous Business Process Improvements leveraging latest technologies

·Manage & Control Finance Shared service relationship (Internal & External)

·Support Audits

·People Management & Development

2.) Dimensions:

1.Reporting To:Chief Accounting Officer

2.Position Responsibility:

Manage Accounts Payable function of CNH entities with highest level of accuracy and timeliness while ensuring no business disruptions in invoice processing and payments
Coordination & alignment with Shared service partner & stakeholders (CNH) for effective relationship and performing activities within SLA’s
Co-ordinate with all shared service partner to improve processes and standard operating procedures
Inter Company and 3rd Party Vendor reconciliations.
Help efficient management of cash flows by partnering with Treasury function
Development and review of internal control policies and procedures – finance shared service and accounts payables Innovate and revamp processes, enhance efficiency to meet and exceed SLAs and comply with government regulations and legislation.
Continuously improve business processes leveraging latest technologies and driving efficiencies in the team, CNH and shared service partner
Timely respond to audit and tax queries and ensure proper compliance with all regulations- Such as TDS deduction, Timely MSME payments.
Support Regional Finance Controller/Finance Managers with timely and accurate financial information.
Lead and motivate a team to deliver quality services within expected turnaround times
Nurture and grow the team

3.) Key Result Areas (KRA) / Measures of Performance (MOP)

Lead Invoice processing for all P2P towers and ensuring the timely processing of domestic/imports vendor invoices and employee claims
Driving process improvement
Un-paid invoices with aging >30 days
Tracking of pending vendor advances >30 days
MSME payment review as per compliance
Reviewing IDPMS/ORM open items as per FEMA guidelines
Reviewing ITBR/GRIR
Circulating Supplier MIS
Reviewing 3rd Party Vendor Reconciliations
One Time vendor review
Token dashboard Review for open tokens
Review potential Duplicate invoices
Review blocked invoices >90 days
Hotel/Airlines GST input review
Clearing claims >30 days in Concur with exceptional approvals
Review quarterly Slowdown data
Creating employee codes in SAP
Approving billing for shared services, scanning activity and vendor reconciliation
Identifying areas of improvement and Driving automation to improve process efficiencies and process controls
Review policies and collaborating with HR to suggest changes (if required)
SLA Validation & Sign off
KPI Monitoring and Performance review of Shared Service partner
Performance appraisals

4.)BACKGROUND / MAIN ACTIVITIES / JOB RESPONSIBILITIES: –

oCandidate should be well versed with accounting understanding.

oHiring, training, motivating, and evaluating Accounts Payable staff members.

oCoaching and uplifting Team

oOverseeing routine department activities, to ensure that they are completed accurately and on time.

oEscalation handling from employees and vendors

oMaintaining accurate and complete financial, employee, and client records.

oCompiling, analyzing, and reporting financial information to management and government agencies.

oSetting and facilitating the achievement of department objectives.

oDeveloping, implementing, improving, and enforcing budgets, policies, and department controls to increase accuracy and efficiency.

oBuilding and maintaining relationships with employees, clients, vendors, and lenders.

oCoordination & alignment with Shared service partner & stakeholders (CNH) for efficient & timely payment of invoices

oResponsible for quality and speedy resolution for Payment queries with employees

oDriving operational KPI’s

oLiaise with Shared Service partner to understand process gaps, work closely with manager & ICT to devise improvement proposals, supporting implementation for increasing operational efficiency

5.)Skill sets, Experience & competencies:

·M.Com / CA / MBA / ICWA

·Manufacturing set up experience is a must

·10+ years’ experience in Managing & Leading Accounts payable, finance shared services

·Strong functional capabilities in managing the Accounts payable in a manufacturing setup

·Experience of having managed process migration

·Experience in setting up a shared service.

·Committed, detail oriented, self-starter with strong problem solving and interpersonal skills

·Excellent communication skills to convey complex metrics and analysis clearly and accurately to internal teams and all levels of management

·Cross-functional, multi-level collaboration skills

·Strong communication & presentation skills

·Strong planning and problem-solving skills.

·Ability to analyze information and processes.

·Motivation to develop and maintain internal and external relationships.

·Commitment to ethical behavior with a willingness to adhere to all company policies and current financial legislation.

·Critical thinker, High attention to detail, focused, and reliable.

·Good interpersonal, leadership, and teamwork skills.

·Proficiency in MS Office and ERP.

·Dependable, exercising discretion and confidentiality.

6.) Work Relationship:

Internal

All functional controllers and all CNHi India functions

External

Shared Service partner & as needed

Professional Qualification

M.Com/CA / ICWA / MBA

Experience

10+ years’ experience in Account Payables processes, Finance Shared Services, with excellent soft skills like stakeholder management; Leadership skills; presentation skills

Age

35-40 years