Accounts Payable Jobs

About The Position

Requirements

• Bachelor's Degree in Finance, Accounting, or a related field.
• Minimum 12 years of progressive experience in financial management, settlements, or related roles.
• Proven experience in leading and managing teams, demonstrating effective leadership skills.
• In-depth understanding of financial regulations, compliance requirements, and industry standards related to settlements.
• Strong analytical and problem-solving skills to navigate complex financial transactions and identify areas for improvement.
• Excellent verbal and written communication skills, with the ability to convey complex financial information to various stakeholders.
• Demonstrated leadership capabilities with a focus on team management, mentorship, and strategic decision-making.
• Proficient in financial software and Microsoft Excel, with the ability to evaluate and implement technology solutions for process optimization.

Nice To Haves

• Professional Certification, such as CPA (Certified Public Accountant) or equivalent professional accounting designation.
• Master's Degree: Advanced degree in Finance, Accounting, or Business Administration.
• Additional Certifications: Continued professional development and certifications related to financial management.
• Experience within the relevant industry, such as energy trading, commodities, or a comparable sector.
• Experience in managing settlements on a global scale, dealing with international transactions and compliance.
• Ability to adapt to a dynamic and evolving industry landscape, implementing innovative solutions.
• Strong strategic thinking capabilities, contributing to the development and execution of organizational financial strategies.
• Effective negotiation skills for collaborating with external partners, vendors, and regulatory bodies.
• Proven ability to assess and manage risks associated with financial transactions and settlements.

Responsibilities

• Provide leadership and strategic oversight of the entire AR or AP settlements process.
• Champion accuracy, compliance, and operational efficiency in all accounts payable or receivable transactions.
• Review and approve AR or AP invoices.
• Oversee the collection or payment process and address challenges causing delays.
• Direct the scheduling and preparation of disbursements, obtaining requisite authorizations at a senior level.
• Responsible for timely invoicing and collection of AR invoices, or payment of AP invoices.
• Oversee and ensure timely resolution of issues related to the settlement process.
• Manage the day-to-day tasks of team members and ensure optimal performance, including the offshore team in India.
• Ensure alignment of processes with ATC Group.
• Uphold and enforce organizational policies and compliance standards, ensuring adherence in settlement processes.
• Oversee and work with the Financial Reporting team to ensure the maintenance of accurate and up-to-date records for AR or AP transactions.
• Oversee the some monthly closing activities including inventory and derivative reconciliation process.
• Collaborate at a senior level and with cross-functional teams to promptly resolve complex invoicing concerns.
• Lead the evaluation of existing processes and recommend strategic improvements and automation to enhance the overall efficiency of settlement operations.
• Develop and monitor relevant Key Performance Indicators (KPIs) to track and enhance the effectiveness of settlement processes.
• Maintain a high-level awareness of industry’s best practices and emerging trends in settlement operations.
• Provide support to the Controller in various financial initiatives and special projects as required.