Job roles and responsibilities
We are looking for a skilled Senior Accounts Payable Manager to join our Accounting team. Based in Sri Lanka you will lead the AP team that supports 20+ subsidiaries globally, ensuring timely and accurate processing of payables transactions through a full-cycle AP function. You must be able to work in a fast-paced, dynamic environment while interacting with various stakeholders globally. Flexibility, ability to prioritize both individual and team objectives, and good problem-solving skills are a must. We’re looking for someone with a continual improvement mindset that enjoys working with a diverse team.
What You’ll Do:
- Ensure timely processing of incoming AP invoices. This includes the 3-way matching of PO, Invoice, and Receipt documents; entering invoices; verifying that expenses are properly coded; processing vendor payments; resolving vendor account discrepancies and providing timely responses to all vendor inquiries.
- Monitor aged invoice.s and take corrective action to ensure payments are paid within terms
- Work closely with the procurement team to ensure proper set up of new vendors including payment information, and compliance with company policies and procedures.
- Work closely with Treasury when reviewing weekly payment run selections to efficiently manage cash flow.
- Assist with month-end close by preparing AP accruals and supporting FP&A team to identify non-invoiced accruals.
- Together with your team oversee Travel and Expenses: process employee expense reports ensuring compliance with the company T&E policy, including audit of employee expense reports.
- Prepare or review reconciliations between Expensify and NetSuite systems, reconciliations of AP subledger to General Ledger, and other assigned balance sheet accounts.
- Respond to any internal and external vendor payment inquiries
- Prepare assigned audit requests in an accurate and timely manner and provide supporting payment documents for audit.
- Ensure that proper sales, use, VAT, GST and withholding taxes are captured and processed.
- Prepare, issue and file annual 1099s (USA) and other regulatory filings as required in other countries.
- Assist with ad-hoc projects as assigned.
What You Need to Succeed
- 5+ years of experience in Accounts Payable.
- 2+ years of experience managing staff and an AP function.
- Hands-on experience with ERP systems, preferably NetSuite and Coupa.
- Familiar with Bank information requirements to execute payments.
- Ability to use Microsoft productivity software such as Excel and Word.
- Excellent attention to detail.
- Strong organization skills and the ability to maintain detailed records.
- Ability to consistently meet all deadlines.
- Ability to work collaboratively across different departments, different time zones.
- Familiarity with global VAT concepts and USA Sales/Use taxes.
- Experience working in a multi-entity environment and multiple currencies.
- Experience working with international vendors.
We believe that coming together as a community, in person, is important for innovation, connection and fostering a sense of belonging. Our roles have the right balance of remote and in-office working to enable flexibility for managing your life along with ensuring a real connection with your colleagues and the broader IFS community. #Li-Hybrid
