As the ar and ap manager at ametek, you will be responsible for overseeing all aspects of the accounts receivable and account payable processes for engineered materials, interconnects, and packaging. This includes managing a team of ar specialists, ensuring timely and accurate invoicing, monitoring, and collecting overdue payments, and handling customer inquiries and disputes related to billing and payments. Additionally, the candidate will oversee ap specialists and the processing of vendor invoices, preparation of payments, reconciliation of accounts, and the management of queries from both internal and external parties.
accounts receivable responsibilitiesoperations management
* review and approve customer invoices, ensuring accuracy and timeliness.
* monitor and proactively follow up on overdue payments, including sending reminders and making collection calls.
* investigate and resolve customer billing and payment issues, working closely with sales and customer service teams.
* analyse ar aging reports and develop strategies to improve collection efforts and reduce outstanding balances.
* collaborate with internal stakeholders to streamline and improve the overall accounts receivable process.
* prepare ar reports and provide regular updates to the finance leadership team.
* monitor performance metrics and kpis to ensure targets are met.
operations excellence
* design and drive process transformation initiatives to improve efficiency and effectiveness.
* collaborate with other departments to resolve issues and improve processes.
* identify opportunities for process improvements and implement best practices.
* conduct detailed analysis of ar data to identify trends and areas for improvement.
* use data-driven insights to make informed decisions and drive process enhancements.
* lead projects aimed at automating and streamlining ar processes.
people management and development
* lead the recruitment, training, development, and management of ar team.
* provide training and support to ar teams to enhance their skills and knowledge.
* provide performance feedback and mentoring to team members.
* manage and lead a team of ar specialists, providing guidance and support as needed.
transition experience
* manage transitions from country to ssc set up in various locations.
* dtp / sop to be developed for activities in scope and updates as and when required.
* highlight delays and provide solutions to mitigate risk.
accounts payable responsibilitiesoperations management
* establish and enforce policies and standards for the ap process.
* oversee the day-to-day operations of the ap process to ensure smooth functioning.
* monitor performance metrics and kpis to ensure targets are met.
* prepare and present regular reports on ap performance to senior management.
* ensure compliance with regulatory requirements and internal control.
* responsible for the review, approval, and processing of employee expense reports
operations excellence
* design and drive process transformation initiatives to improve efficiency and effectiveness.
* collaborate with other departments to resolve issues and improve processes.
* identify opportunities for process improvements and implement best practices.
* conduct detailed analysis of ap data to identify trends and areas for improvement.
* use data-driven insights to make informed decisions and drive process enhancements.
* lead projects aimed at automating and streamlining ap processes.
people management and development
* lead the recruitment, training, development, and management of ap team.
* provide training and support to ap teams to enhance their skills and knowledge.
* provide performance feedback and mentoring to team members.
transition experience
* manage transitions from country to ssc set up in various locations
* dtp / sop to be developed for activities in scope and updates as and when required.
* highlight delays and provide solutions to mitigate risk.
qualifications
* bachelor's degree in finance, accounting, or a relevant field; master's degree is a plus.
* 10+ years of experience in ar & ap processes, with at least 5 years in a supervisory role.
* strong understanding of ar and ap processes and best practices.
* excellent leadership and project management skills.
* ability to analyse complex data and make strategic decisions.
* effective communication and interpersonal skills.
* fluent in english; strong written and verbal communication skills
* manage and lead a team of ~ 10+ employees
* proficiency in microsoft excel
* experience with any of the following systems is a plus: hfm, visual, microsoft navision, ibs, avante, glovia, and concur.
* attention to detail and problem-solving ability.
* prior transition handling experience is desirable.
travel : 10% of the time
ametek, inc. is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales over $7.5 billion.