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Job Summary:
Manages a team that processes accounts payable transactions. Team includes supervisors and indirect reports.
Key Responsibilities:
Manages accounts payable supervisors of a team of accounts payable staff within the established accounting policies of the corporation. Works with other areas of Finance to ensure appropriate cash management. Manages the review of work methods and procedures; considers the impact of any changes on the overall organization; develops and implements changes in those methods and procedures to improve the efficiency of the accounts payable unit. Acts as a point of escalation for complex, non-routine accounts payable issues and problems. Provides input into and manages the annual operating plan for the work area. Manages, coaches, and mentors supervisors and accounts payable analysts; provides guidance and direction on problems and issues; delegates work assignments considering employee skills and development needs.
Competencies:
Builds effective teams - Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Customer focus - Building strong customer relationships and delivering customer-centric solutions.
Develops talent - Developing people to meet both their career goals and the organization’s goals.
Directs work - Providing direction, delegating, and removing obstacles to get work done.
Drives results - Consistently achieving results, even under tough circumstances.
Ensures accountability - Holding self and others accountable to meet commitments.
Manages conflict - Handling conflict situations effectively, with a minimum of noise.
Values differences - Recognizing the value that different perspectives and cultures bring to an organization.
Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.
Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.
Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
Education, Licenses, Certifications:
College, university, or equivalent degree in Accounting, Finance, or related subject required.
Experience:
Significant level of relevant work experience, including supervisory experience, required.
Education: College, university, or equivalent degree in Accounting, Finance or related field required. Certified
Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification
required.
Experience: 15+ years of relevant experience in Procure to Pay, must have strong attention to detail and well organized. Ability to multi-task, work under pressure, and meet tight deadlines, working globally would be an advantage
Manages a team that processes accounts payable transactions. Team includes supervisors and
indirect reports.
1. Preferred experience in captive shared services environment ensuring KPI’s and SLA’s are adhered too.
2. Strong experience in global Procure to Pay process, Grant of Authority, Invoice dispute resolution and identifies training and development needs, and establishes performance standards for the function
3. Strong process knowledge to Identify, analyse process GAPs and drive standardization / simplification of AP process within GCC
4. Basic understanding on indirect taxation in the world of Accounts Payable and understanding of working with multi currency invoices
5. Hands on experience with Management of teams, in Stakeholder management and conducting monthly performance review.
6. Preferred candidate with experience in Continuous Improvement projects through RPA (BoT)s,Value Stream Mapping and Six Sigma
7. Manages accounts payable supervisors of a team of accounts payable staff within the established
accounting policies of the corporation.
8. Works with other areas of Finance to ensure appropriate cash management.
9.Manages the review of work methods and procedures; considers the impact of any changes on the
overall organization; develops and implements changes in those methods and procedures to
improve the efficiency of the accounts payable unit.
10.Acts as a point of escalation for complex, non-routine accounts payable issues and problems.
11. Provides input into and manages the annual operating plan for the work area.
12. Manages, coaches, and mentors supervisors and accounts payable analysts; provides guidance and
direction on problems and issues; delegates work assignments considering employee skills and
development needs.
11. Communicates effectively - Developing and delivering multi-mode communications that convey a
clear understanding of the unique needs of different audiences.
Action Oriented, Customer Focus, Business Partnering, General Ledger Knowledge and Managing complexity
Cummins is an equal opportunity employer. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, sex, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, or other status protected by law.
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