Accounting & Reporting Team Lead- Accounts payable

ABB
Accounting & Reporting Team Lead- Accounts payable
At ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. Write the next chapter of your ABB story.
This position reports to
Deputy Delivery Manager - Procure to Pay
Your role and responsibilities
In this role, you will have the opportunity to support Accounts Payable (AP) as Team Lead on monthly closing activities, reporting and accounting. process activities in line with defined strategies, policies, and procedures. Each day, you will be responsible for managing team and analyzing accounts data. You will also showcase your expertise in India invoice processing as must, procure to pay and managing team by ensuring accurate financial reporting and compliance with the relevant accounting standards. The work model for the role is: #LI-onsite,#LI-hybrid This role is contributing to the Finance in Bangalore-Hebbal. You will be mainly accountable for: • Responsible for global service delivery for selected countries through accomplishing the targets (productivity, cost, customer satisfaction, SLAs) • Leading delivery team on accounting and processing of invoices in a complete, accurate and timely manner while ensuring compliance with internal guidelines and procedures and external regulatory requirements. • Provide solutions to accounting and tax issues as they arise and manage the escalations efficiently to identify inconsistencies / issues in the process and work with internal stakeholders in resolving the same • Ensuring accurate accruals, pre-paid schedules & timely month-end reporting and AP GLs are reconciled regularly, and open items are resolved timely by regular monitoring of invoice backlog & to keep the backlog well within the control with continuous improvement and process standardization for responsibility areas and work on automation initiatives • Driving operational metrics performance management and responsible for people strategy (hiring, retention, training & development, performance management) and focusing on customer value addition and satisfaction to ensure GBS teams are equipped to provide the service levels agreed and enhancing internal control environment and fraud awareness. Living ABB's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business. • Must have handled a team of 10 and above employees and open for working in shifts
Qualifications for the role
More about us
ABB Finance is a trusted partner to the business and a world-class team who delivers forward-looking insights that drive sustainable long-term results and operates with the highest standards. We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStory It has come to our attention that the name of ABB is being used for asking candidates to make payments for job opportunities (interviews, offers). Please be advised that ABB makes no such requests. All our open positions are made available on our career portal for all fitting the criteria to apply. ABB does not charge any fee whatsoever for recruitment process. Please do not make payments to any individuals / entities in connection to recruitment with ABB, even if is claimed that the money is refundable. ABB is not liable for such transactions. For current open positions you can visit our career website https://global.abb/group/en/careers and apply. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning
At ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. Write the next chapter of your ABB story.
This position reports to
Deputy Delivery Manager - Procure to Pay
Your role and responsibilities
In this role, you will have the opportunity to support Accounts Payable (AP) as Team Lead on monthly closing activities, reporting and accounting. process activities in line with defined strategies, policies, and procedures. Each day, you will be responsible for managing team and analyzing accounts data. You will also showcase your expertise in India invoice processing as must, procure to pay and managing team by ensuring accurate financial reporting and compliance with the relevant accounting standards. The work model for the role is: #LI-onsite,#LI-hybrid This role is contributing to the Finance in Bangalore-Hebbal. You will be mainly accountable for: • Responsible for global service delivery for selected countries through accomplishing the targets (productivity, cost, customer satisfaction, SLAs) • Leading delivery team on accounting and processing of invoices in a complete, accurate and timely manner while ensuring compliance with internal guidelines and procedures and external regulatory requirements. • Provide solutions to accounting and tax issues as they arise and manage the escalations efficiently to identify inconsistencies / issues in the process and work with internal stakeholders in resolving the same • Ensuring accurate accruals, pre-paid schedules & timely month-end reporting and AP GLs are reconciled regularly, and open items are resolved timely by regular monitoring of invoice backlog & to keep the backlog well within the control with continuous improvement and process standardization for responsibility areas and work on automation initiatives • Driving operational metrics performance management and responsible for people strategy (hiring, retention, training & development, performance management) and focusing on customer value addition and satisfaction to ensure GBS teams are equipped to provide the service levels agreed and enhancing internal control environment and fraud awareness. Living ABB's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business. • Must have handled a team of 10 and above employees and open for working in shifts
Qualifications for the role
- You are immersed engaged in you enjoy working with SAP, India Invoice processing, Accounts Payable (AP), Team management
- Minimum 8-10+years of work experience in Accounts Payable (AP) reporting and accounting.
- You are passionate about Analytics skills, Team handling
- Degree in Mcom/MBA-finance/Bcom with proper documentation and percentage
- Fluency in English (spoken and written) is essential
More about us
ABB Finance is a trusted partner to the business and a world-class team who delivers forward-looking insights that drive sustainable long-term results and operates with the highest standards. We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStory It has come to our attention that the name of ABB is being used for asking candidates to make payments for job opportunities (interviews, offers). Please be advised that ABB makes no such requests. All our open positions are made available on our career portal for all fitting the criteria to apply. ABB does not charge any fee whatsoever for recruitment process. Please do not make payments to any individuals / entities in connection to recruitment with ABB, even if is claimed that the money is refundable. ABB is not liable for such transactions. For current open positions you can visit our career website https://global.abb/group/en/careers and apply. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning
JOB SUMMARY
Accounting & Reporting Team Lead- Accounts payable

ABB
Bengaluru
2 days ago
N/A
Full-time
Accounting & Reporting Team Lead- Accounts payable