Amazon

FinOps Manager - AP

Posted On

Dec. 3, 2024

Location

Hyderabad, Telangana

Experience Level

Freshers/Experienced

Job Type

Finance & Accounting

Apply By

Feb. 4, 2025

Job Description

The successful candidate will lead a team which ensures that our non-inventory vendor invoices are paid on-time, responsible for end-to-end process related employee benefits and utilities such as insurance payments & other expenses. Primary responsibilities include managing relationship with different stakeholders such as Non-Inventory vendors, Procurement, Accounting, Banking and amazon employees to ensure we service our vendors & employees in a manner fitting with our "Customer Obsession" philosophy.

The successful candidate should have a strong desire in innovating processes and exceed expectations in a dynamic, fast-paced environment, primarily driving innovation on behalf of customers (partners) / vendors.

1. Leading and developing a team of 6 AP Analysts, including employee training and development; managing group workload and establishing priorities; ensuring existing policies and procedures are followed.
2. This position will also act as a point of contact in resolving all issues with internal and external business partners.
3. Partnering with accounting, procurement and tax teams for Invoice receipt/archival/tax compliance.
4. Drive continuous improvement and target to tollgate Projects with high impact to customers and low cost to Amazon.
5. Understand the gaps in process and streamline accordingly.
6. Demonstrate learn and be curious and standardize the process documentation.
7. Monthly 1-0-1 with the team and guide vintage resources to improve overall potential.
8. Perform time and motion study and revisit the productivity targets.
9. Setting up process priorities and aligning with overall organization priorities.
10. Evaluating and communicating accounts payable Controllership risks with in Finance Operations, assessing the adequacy of existing controls and implementing new controls as needed.
11. Set the vision, direction, and culture of the team.
12. Carry out supervisory responsibilities in accordance with Amazon policies and procedures.
13. Ensures employees growth & development, set priority, drive motivation & engagement for employees.

Responsible for overall deliverables related to:
• Benefits and utility invoices timely payment
• Non-Inventory Vendor Invoice payments
• Invoice on-holds
• Banking instructions
• Solving complex employee/vendor issues and proactively heading off negative service trends. Understanding and correctly utilizing resources provided by internal systems, departments, policies, and procedures.
• Constantly work with business teams, share metrics and create plan of action for aged items in Non-Inventory accounts payable processes. Build processes to highlight issues proactively such as invoice/expense late payments.
- 6+ years of Accounts Payable (AP) experience
- 2+ years of team management experience
- Experience using data to influence business decisions
- Post Graduate in finance, management, commerce or economics
- Ability to communicate and present complex analysis/data clearly and concisely
- Ability to work independently and with team in a fast-paced and rapidly changing environment
- Good analytical skills with the ability to get into the detail, while also seeing and understanding the bigger picture

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