Accounts Payable Team Lead

We're looking for people who put their innovation to work to advance our success - and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

Strategic Outlook:

Be a strategic business partner leading the accounts payable and related compliance topics. Transformation Champion- Benchmark the Global Practices and lead the transformation of local AP process in line with that under the environment of multiple legal entities, multiple ERPs and tools. Lead the cash management function in line with Global Treasury Norms. Be a leader for the intercompany transactions, settlement, compliances.

Key Responsibilities:

Lead and manage the accounts payable team, providing guidance and support. Ensure timely and accurate processing of invoices, payments, and expense reports. Communication with bank for disbursement of payments & other queries Reviewing & approving Employee travel reimbursement claims Processing Foreign payment.(material & services) Preparation & sharing MIS reports-AP trade, Prepaid reports, GR Reports. Timely Statutory Payment-NPS, PT, PF, TDS & GST, Customs. Maintain and update vendor records and ensure compliance with company policies. Reconcile accounts payable transactions and resolve discrepancies. Prepare and analyze accounts payable reports and metrics. Collaborate with other departments to streamline processes and improve efficiency. Assist in month-end closing activities of provisioning. Preparation of audit schedules & supporting GL for audit. Develop and implement accounts payable policies and procedures. Preparation & dialing up of TDS/TCS liability Review & clearing IDPMS, ORM & MTT data Train and mentor team members, fostering a positive and productive work environment.

Qualifications:

• Bachelor's degree in Accounting, Finance, or CMA/CA intermediate.
• Minimum of 8 to 10 years of experience in accounts payable, with at least 2 years in a supervisory/ strategic role.
• Strong knowledge of accounting principles and accounts payable processes.
• Proficiency in accounting software and Microsoft Office Suite.
• Excellent analytical, organizational, and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Attention to detail and a high level of accuracy.

Preferred Qualifications:

Experience with ERP systems (e.g., SAP, M3 & syteline).

WE HAVE:

• A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
  • At nVent, we believe safer systems ensure a more secure world. We connect and protect our customers with inventive electrical solutions. We design, manufacture, market, install and service high-performance products and solutions for mission-critical equipment, buildings and essential processes. Our solutions are helping build a more sustainable and electrified world.
  • We are a $3.3B company with a dedicated team of more than 11,000 employees around the globe. Our comprehensive portfolio of enclosures, electrical and fastening, and thermal management solutions dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM and SCHROFF.

• Commitment to strengthen communities where our employees live and work
  • We encourage and support the philanthropic activities of our employees worldwide
  • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

• Core values that shape our culture and drive us to deliver the best for our employees and our customers. We're known for being:
  • Innovative & adaptable
  • Dedicated to absolute integrity
  • Focused on the customer first
  • Respectful and team oriented
  • Optimistic and energizing
  • Accountable for performance

• Benefits to support the lives of our employees

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other's authenticity because we understand that uniqueness sparks growth.

The Accounts Payable Team Lead will oversee the accounts payable department, ensuring timely and accurate processing of invoices, payments, and expense reports. This role requires strong leadership skills, attention to detail, and the ability to work collaboratively with other departments.