Manager- Accounts Payables - Deloitte Support Services India Private Limited
As an Accounts Payables Manager, you will oversee the end-to-end accounts payable process for our Middle East member firm, including invoice verification, payment processing, and reconciliation activities. You will liaise with internal and external stakeholders to resolve queries, ensure compliance with corporate policies, and support audit and regulatory requirements. The role also includes supporting month-end and year-end closing activities, preparing financial reports, and providing management and performance oversight for the accounts payable team at USI. You will be involved in continuous process improvement initiatives and may handle special projects or ad-hoc requests as needed.
Work you’ll do
The key job responsibilities include the following:
1. Accounts Payable Management:
- Oversee the end-to-end accounts payable process, ensuring accuracy, timeliness, and compliance with established policies and procedures.
- Manage vendor relationships, including vendor onboarding, invoice processing, and timely payments.
- Review and reconcile accounts payable transactions, resolving any discrepancies or issues that arise.
- Develop and implement strategies for optimizing the accounts’ payable function, improving the driving process, and enhancing efficiency.
2. Tax Compliance:
- Stay up to date with tax regulations and changes in the professional services industry, ensuring compliance in accounts payable processes.
- Collaborate with the finance and tax teams to ensure accurate and timely tax reporting.
- Conduct periodic audits to ensure adherence to tax regulations and identify areas for improvement.
3. Team Leadership:
- Manage and mentor a team of accounts payable professionals, providing guidance, coaching, and performance feedback.
- Foster a positive and collaborative work environment, promoting teamwork and continuous learning.
- Set clear goals and objectives for the accounts payable team, monitoring progress and ensuring deadlines are met.
4.Continuous Improvement
- Identify and implement initiatives to improve quality and efficiency.
- Stay informed on the latest best practices in quality management and reporting.
- Lead or participate in quality improvement teams.
5. Stakeholder & Vendor Relationship Management
- Act as the key escalation point for resolving complex vendor and internal stakeholder queries.
- Lead communications and negotiations with vendors to ensure positive, professional interactions.
Work Location: Hyderabad
Shift Timings: 11 AM to 8 PM
The team
The F&BO team at Hyderabad supports the Deloitte organization in North South Europe with a wide variety of capabilities like financial reporting, HR and financial transaction processing, administrative service and helpdesk support, marketing, and IT services.
Experience & Qualification
- Any Graduate with 10+ years of experience in (AP/AR/Managing client master data reporting).
- Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint, Outlook, Teams).
- Strong written and verbal communication skills; ability to draft own correspondence.
- Strong team management, people management and performance management skills are essential.
- Strong relationship building skills.
- Strong communication skills and the ability to interact with professionals at various levels.
- Experience of handling large number of direct reports from different work streams and coordinating with various teams to deliver exceptional results.
- Manage conflicting priorities and support a culture of change and continuous improvement.
- Proven success as a high-performing team leader with ability to manage multiple activities simultaneously.
- Strong mentoring and coaching skills.
- Ability to anticipate and understand client issues and needs.
- Experience of working in highly effective service delivery model.
- Conflict resolution.
- Strong matrix/data management with good analytical skills.
- Stakeholder Management.
- Proficiency in Microsoft Excel and familiarity with ERP systems (e.g., D365) is a plus.
How you’ll grow
- At Deloitte, we’ve invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India
Benefits
- At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte’s culture
- Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
- Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.