Operations Manager - Accounts Payable

Operations Manager-Accounts Payable Location:Hyderabad Salary Range(Offered Range):25LPA to 30LPA Job Responsibilities: Accounts Payable Operations & Compliance: * Oversee daily accounts payable functions, ensuring efficient workflow, accuracy, and adherence to company policies. * Maintain compliance with financial regulations, internal controls, and corporate governance standards. * Lead reconciliation efforts, resolving discrepancies while ensuring timely vendor payments. Leadership & Team Management: * Supervise and mentor Operations Leaders and Assistant Managers, ensuring optimal performance, engagement, and professional growth. * Conduct team meetings, addressing operational challenges and implementing procedural improvements. * Develop and implement training programs, motivational strategies, and diversity initiatives to enhance team culture. * Monitor employee turnover rates, establish retention strategies, and drive talent development initiatives. Process Optimization & Innovation: * Implement process improvements using Six Sigma/Lean methodologies to enhance efficiency and productivity. * Identify bottlenecks in the accounts payable workflow and develop solutions for streamlined operations. * Drive automation initiatives, leveraging technology to improve accuracy and reduce manual intervention. Stakeholder Collaboration & Reporting: * Engage with senior management, tax teams, controllership, and audit personnel to ensure compliance and operational alignment. * Prepare and present comprehensive financial reports, ensuring transparency and strategic decision-making. Liaise with vendors and site liaisons, addressing payment concerns while maintaining strong partnerships. Candidate Requirements * Educational Background: BCom / MCom / MBA (Finance) * Work Experience: 12-15+ years in Accounts Payable or a similar function, with 10-12years in a supervisory or leadership role equivalent to an Assistant Manager. Prior experience of handling team of 35+ Members. * Technical Proficiency: Hands-on experience with SAP ERP and competency in Microsoft Office (Excel, Word, PowerPoint, Outlook). * Flexibility: Ability to work in shifts and adapt to evolving business needs * Industry Expertise: Prior experience in finance operations within a corporate or shared services environment. Strong understanding of BPO processes, quality systems, and transactional effectiveness (e.g., workflow, Six Sigma, complaint resolution).