Team Lead – Accounts Payable

About the Role

• As a Team Lead in Accounts Payable at Global Business Services, the position holder will lead the activities for selected countries supported from the Hub locally. In this role, the vision is to establish and run an organization which is seen as a trusted partner to optimize corporate processes of ABB. This role is based at Bangalore and reporting into Deputy Delivery Manager
• Accounts Payable.

Responsibilities

• Responsible for global service delivery for selected countries through accomplishing the targets (productivity, cost, customer satisfaction, SLAs)
• Leading delivery team on accounting and processing of invoices in a complete, accurate and timely manner while ensuring compliance with internal guidelines and procedures and external regulatory requirements
• Provide solutions to accounting and tax issues as they arise and manage the escalations efficiently
• To identify inconsistencies / issues in the process and work with internal stakeholders in resolving the same
• Ensuring accurate accruals, pre-paid schedules & timely month-end reporting
• Ensuring AP GLs are reconciled regularly, and open items are resolved timely
• Regular monitoring of invoice backlog & to keep the backlog well within the control
• Continuous improvement and process standardization for responsibility areas and work on automation initiatives
• Driving operational metrics performance management and responsible for people strategy (hiring, retention, training & development, performance management)
• Focusing on customer value addition and satisfaction to ensure GBS teams are equipped to provide the service levels agreed and enhancing internal control environment and fraud awareness
• Living ABB's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business

Qualifications

• Bachelor's or master's degree in finance, Accounting, or equivalent
• 8+ years of good experience with strong exposure in managing large global teams in both captive/ BPO 3rd party set up
• Strong Communication skills
• Outstanding attention to detail, accuracy, and ability to multitask
• Knowledge of SAP and AP workflow tools will be added advantage
• Must have handled a team of 12-15 employees and open for working in shifts
• Must have knowledge in US GAAP

Why ABB

At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we'll give you what you need to make it happen. It won't always be easy, growing takes grit. But at ABB, you'll never run alone. Run what runs the world.

Working at ABB gives you the opportunity to contribute to a healthier and more prosperous world. Add to your story by joining a passionate team, focused on pushing the boundaries of technology to drive performance, shape new business models and find new ways of working that benefit our customers, partners and society. We want you to be proud of being part of ABB.

We Care

At ABB, we care about our people and their stories. We create safe, fair, equitable and inclusive working environments in which our people can succeed and develop, regardless of gender, ethnicity, sexual orientation or cultural, religious or social background. Diverse teams make us stronger. ABB is also committed to a high standard of integrity in everything we do.

We Grow

We help our people succeed and develop, and we empower them to create their own careers at ABB. Our benefits, reward and development programs encompass a wide array of offerings.

How to Apply

Do you want to shape the future, together with us? Get more insights into our recruitment process and find some helpful tips and tricks how to join the team. Make our story your story.

For current open positions you can visit our career website https://global.abb/group/en/careers and apply.

Fraud Warning

Any genuine offer from ABB will always be preceded by a formal application and interview process. We never ask for money from job applicants. Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning.