Job description
Overview Of The Role:
- The Accounts Payable (AP) Manager is pivotal in ensuring governance within the Accounts Payable function. This includes managing Vendor Master Data integrity and ensuring compliance with both internal policies and external regulations. The role emphasizes maintaining accurate vendor records and delivering timely, insightful reporting to support financial decision-making across 17 entities in Egypt. The AP Manager is accountable for end-to-end governance of the Invoice to Pay cycle, including timely processing of invoices, payments, employee reimbursements, and advances. Key responsibilities include service delivery performance against SLAs and KPIs, compliance with audit requirements, and acting as a primary resolution point for operational issues. Collaboration with Treasury and Finance teams is essential to prioritize payment accuracy and mitigate risks. The role involves leading a performance-driven culture, fostering a continuous improvement mindset, and empowering a diverse team for process enhancements and standardization.
What You Will Do:
Invoice to Pay Operations Management
- Ensure SLA adherence for invoice processing and payments.
- Manage % invoices processed within agreed TAT.
- Monitor reduction in backlog and aged items.
Payment Governance & Execution Oversight
- Execute on-time payment runs (F110 / urgent payments).
- Ensure zero critical payment errors or duplicate payments.
- Comply with approval matrix and delegation of authority.
Compliance, Controls & Audit Readiness
- Achieve zero high-risk audit findings related to I2P.
- Ensure VAT / tax compliance accuracy (local & group).
- Ensure timely closure of audit points and internal control gaps.
Stakeholder & Business Unit Management
- Monitor BU satisfaction score / feedback.
- Reduce escalations and complaints.
- Resolve BU queries and disputes timely.
People Leadership & Capacity Management
- Enhance team productivity vs capacity plan.
- Maintain attrition / absenteeism within acceptable range.
- Complete PDRs, coaching, and development plans.
Reporting, KPIs & Management Visibility
- Ensure accuracy and timeliness of I2P dashboards and KPIs.
- Conduct clear root cause analysis for variances.
- Track and close action plans on time.
Skills
Required Skills To Be Successful:
- Strong leadership and team management capabilities.
- Excellent communication and stakeholder management skills.
- Ability to drive process improvement, standardization, and automation initiatives.
- High attention to detail and strong analytical skills for risk assessment and problem solving.
What Qualifies You For The Role:
- Bachelor's degree in finance, Accounting, Business Administration, or related discipline.
- 8-12 years of progressive experience in Invoice to Pay / Accounts Payable / Finance Operations, with at least 3-5 years in a managerial or supervisory role.
- Proven experience managing high volume transaction processing, multiple legal entities, and diverse business units within a shared services or corporate finance environment.
- Advanced knowledge of ERP systems (preferably SAP) and proficiency in MS Excel and reporting tools.
This job post has been translated by AI and may contain minor differences or errors.
