Associate Team Lead, Accounts Payable (166621)
Associate Team Lead, Accounts Payable (166621)
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Job Description
Relocation Assistance Offered Within Country
Job Number#166621 - Mumbai Maharashtra India
Who We Are
Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care Personal Care Home Care Skin Care and Pet Nutrition. Our products are trusted in more households than any other brand in the world making us a household name!
Join Colgate-Palmolive a caring innovative growth company reimagining a healthier future for people their pets and our planet. Guided by our core valuesCaring Inclusive and Courageouswe foster a culture that inspires our people to achieve common goals. Together lets build a brighter healthier future for all.
About Colgate-Palmolive
Do you want to come to work with a smile and leave with one as well In between those smiles your day consists of connecting with others across the world full of stimulating discussions and making impactful contributions! If this is how you see your career Colgate is the place to be! Our diligent household brands dedicated employees and sustainability commitments make us a company passionate about building a future to smile about for our employees consumers and surrounding communities. We win as a global organization by continually learning and collaborating. The pride in our brand fuels a workplace that encourages creative thinking champions experimentation and promotes authenticity which has contributed to our enduring success. If you want to work for a company that lives by their values then give your career a reason to single day.
The Experience:
In todays multifaceted Fin-Tech environment its an exciting time to be part of the Accounts Payable team at Colgate ! Our Finance experts and innovative team is dedicated to driving growth for Colgate Palmolive in this constantly evolving landscape.
What role will you play as a member of Colgates Accounts Payable team
We are seeking a skilled and experienced Associate Team Lead - Accounts Payable to join our team. The successful candidate will be responsible for managing the end to end accounts payable activities and Team performance management.
Key responsibilities include overseeing invoice processing managing vendor relationships Payment processing and maintaining compliance with financial policies and procedures. Additionally proficiency in accounting software and skills in financial reporting would be highly beneficial.
The Associate Team Lead - Accounts Payable should be experienced in financial operations vendor management and implementing process improvements to enhance efficiency and accuracy.
The candidate should be comfortable in playing a lead role towards the evolution of financial processes across the global footprint.
Who are you
You are a function expert -
You will manage day-to-day Service Delivery while leading a high-performing team.
Invoice Processing & Account Reconciliation : Review verify and post PO (Purchase Order) and NPO (Non-Purchase Order) invoices for both third-party and intercompany transactions. Regularly review debit and aged balances in vendor accounts and resolve discrepancies in a timely manner. Continuously review open Purchase Orders highlight exceptions and ensure the prompt resolution of open GRIR items.
Financial Closing & Compliance: Ensure the timely closing of books of accounts by recording all relevant entries accurately.
Payment & Duplicate Invoice Review: Rigorously review payment proposals and suspected duplicate invoice reports to maintain financial integrity.
Escalation Management: Address and resolve escalation issues stemming from vendor account reconciliation and payment disputes.
Process Controls & Documentation: Maintain adequate process controls including up-to-date SOBPs and perform monthly SOX compliance reviews with proper documentation. Ensure audit readiness and minimal queries during audits.
Performance Monitoring & Reporting : Regularly review performance dashboards and drive service delivery by meeting key performance indicators. Prepare detailed MIS reports to support stakeholders management requirements and facilitate data-driven decision-making.
MIS & Continuous Improvement: Prepare comprehensive MIS reports for Business Engagement and participate in continuous improvement projects to optimize process efficiency and effectiveness.
Team Leadership & Development : Conduct the functional onboarding of team members and provide on-the-job operational support. Continuously assess team performance offer constructive feedback identify training needs and coach team members to build knowledge backups. Serve as the point of contact for escalation issues and provide tactical guidance to optimize team efficiency.
Transformation Leadership : Lead Transformation Projects Spearhead strategic transformation initiatives focused on financial process re-engineering and technology adoption driving efficiency and operational excellence.
Elevate Customer Experiences: Collaborate cross-functionally to enhance both internal and external vendor experiences ensuring responsive service delivery and effective resolution of solution that simplify the process
You connect the dots -
Your proficiency in managing accounts payable coupled with your expertise in developing efficient processes will bridge the gap between financial requirements and technical implementation.
You will connect the dots by aligning accounts payable configurations with overarching financial objectives ensuring that our vendor accounts are effectively managed and payments are timely.
You are a collaborator -
Your expertise and insights as an Associate Team Lead - Accounts Payable will be instrumental in driving the success of our financial operations and their integration into our workflows.
You will work closely with finance & other departments to develop and implement robust processes.
You are an innovator -
You will spearhead transformative initiatives that push the boundaries of whats possible with accounts payable and beyond.
Your innovative approach will drive the evolution of our financial processes from introducing efficient features to devising novel approaches for invoice processing and vendor management.
Your ability to think with a financial mindset and build processes from a financial perspective sets you apart as a true innovator.
What youll need. (Required)
Bachelors degree / Inter CA / MBA or equivalent in Finance & Accounts
Minimum 8 years of proven experience working in accounts payable or a similar role
Strong understanding of accounts payable processes and best practices
Proficient in utilizing accounting software for invoice processing and payment management
Understanding of financial compliance and reporting standards
Excellent documentation skills for crafting comprehensive documentation to facilitate knowledge sharing and adherence to industry standards.
Ability to troubleshoot and resolve issues independently.
Strong communication and collaboration skills.
What youll need (Preferred):
SAP Experience Google Suite MS office
Knowledge of financial principles and practices.
Familiarity with Goods & Services Tax and the Withholding Tax ACT.
Our Commitment to Diversity Equity & Inclusion
Achieving our purpose starts with our people ensuring our workforce represents the people and communities we serve and creating an environment where our people feel they belong; where we can be our authentic selves feel treated with respect and have the support of leadership to impact the business in a meaningful way.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color religion gender gender identity sexual orientation national origin ethnicity age disability marital status veteran status (United States positions) or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.
#LI-Hybrid
Required Experience:
IC
Employment Type
Full Time
