DESCRIPTION
Key Responsibilities:
- Prepare analyses and reports for the accounts payable team, identifying trends and areas for improvement.
- Make recommendations for changes to methods and processes based on detailed financial analyses and performance data.
- Generate and prepare statistical reporting to assess and improve the efficiency of accounts payable operations.
- Resolve moderately complex accounts payable issues and provide timely solutions to ensure smooth operations.
- Manage and build relationships with other Finance disciplines and cross-functional work teams to ensure alignment and effective collaboration.
- Oversee the execution of special projects as assigned, ensuring timely and successful completion.
- Ensure that KPIs and SLAs for the accounts payable department are met, tracked, and reported.
- Develop and maintain strong relationships with third-party vendors , ensuring accurate invoicing and payment processes.
- Lead the accounts payable team, providing guidance, training, and support to foster a high-performance culture.
- Provide clear and concise communication and presentations to senior management and stakeholders regarding accounts payable performance and strategies.
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Requirements:
- A minimum of 4 years of people management experience within the accounts payable or finance function.
- Proven knowledge of accounts payable processes , including invoicing, payments, and reconciliation.
- Strong understanding of KPIs and SLAs specific to accounts payable, with experience in performance tracking and reporting.
- Excellent stakeholder management skills, with the ability to effectively interact and collaborate with internal teams and external vendors.
- Exceptional communication and presentation skills to present reports and findings to senior management and other stakeholders.
- Experience in managing third-party relationships and ensuring vendor compliance.
- Ability to resolve complex issues and implement process improvements.
- Strong organizational and problem-solving skills with attention to detail.
- Proficiency in accounting software and Microsoft Office Suite.
RESPONSIBILITIES
Competencies:
Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
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.
Drives results - Consistently achieving results, even under tough circumstances.
Instills trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity.
Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.
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.
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:
Minimal level of relevant work experience required.
QUALIFICATIONS
Accounts Payable Knowledge
People Manager mininum 4 years
KPI's & SLA's of AP
Stakeholder management
Communication & presentation
Thirdparty management.
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Exempt - Experienced
ReqID 2408659
Relocation Package Yes