AP Manager

The Role

Strattek is currently seeking an experienced and detail-oriented Accounts Payable Manager to lead
our Finance & Accounting team in Hyderabad, India. The Accounts Payable Manager will oversee
the day-to-day Accounts Payable operations supporting a US-based client, ensuring accurate,
timely, and compliant processing of vendor invoices, payments, reconciliations, and financial
records. The ideal candidate will have strong expertise in Accounts Payable, Procure-to-Pay (P2P),
accounting principles, internal controls, and team management, along with the ability to effectively
collaborate with US-based finance and accounting teams. The AP Manager will be responsible for
managing the AP function, developing the team, ensuring service delivery, driving process
improvements, and maintaining high standards of accuracy and compliance.
 

 Lead and manage the Accounts Payable team, providing direction, coaching, training, and
performance management.
 Oversee end-to-end Accounts Payable and Procure-to-Pay (P2P) operations, including
invoice processing, validation, coding, approvals, and payment processing.
 Ensure accurate and timely processing of PO and Non-PO invoices in accordance with
established policies and procedures.
 Oversee 2-way and 3-way matching of purchase orders, receipts, and invoices, as
applicable.
 Review and monitor vendor invoices, expense reports, payment transactions, and other AP
activities for accuracy, completeness, and compliance.
 Establish and monitor appropriate quality checks, controls, and approval processes within
the AP function.
 Monitor AP aging, outstanding invoices, blocked invoices, and payment exceptions,
ensuring timely resolution.
 Oversee vendor account and vendor statement reconciliations and ensure discrepancies
are resolved promptly.
 Manage and review vendor payment processing, ensuring payments are accurate, timely,
and compliant with established controls.
 Oversee AP sub-ledger to General Ledger reconciliations and investigate and resolve
discrepancies.
 Lead month-end and year-end AP close activities, including accruals, provisions,
reconciliations, and reporting.
 Review and approve AP reports, aging reports, payment reports, reconciliations, and other
financial schedules.
 Partner with Procurement, Receiving, Finance, and other business teams to resolve invoice,
vendor, and payment-related issues.
 Serve as a key point of contact for the US-based client finance and accounting teams on
AP operations, escalations, reporting, and process-related matters.
 Establish and monitor service levels, KPIs, and operational metrics for the AP function.
 Identify process gaps and drive continuous improvement, standardization, and automation
of AP processes.
 Develop and maintain Standard Operating Procedures (SOPs), process documentation, and
control frameworks.
 Ensure compliance with the client's accounting policies, internal controls, and standard
operating procedures.
 Support internal and external financial audits, ensuring timely submission of required
documentation and resolution of audit queries.
 Identify operational risks and implement appropriate preventive and detective controls.
 Stay current with changes in accounting policies, AP practices, and applicable regulatory
requirements and ensure the team follows relevant updates.
 Support capacity planning, workload allocation, and resource requirements for the AP
function.
 Foster a collaborative and high-performing team environment, promoting accountability,
knowledge sharing, and professional development.

 Fully qualified Chartered Accountant.
 7+ years of relevant experience in Accounts Payable / Finance & Accounting, with at least
2–3 years in a managerial or team leadership role.
 Strong hands-on and managerial experience in Accounts Payable and Procure-to-Pay (P2P)
processes.
 Proven experience managing and developing AP teams.
 Strong understanding of invoice processing, PO/Non-PO invoices, 2-way/3-way matching,
vendor reconciliation, payment processing, AP aging, and month-end close.
 Strong understanding of accounting principles, internal controls, and financial reporting.
 Experience managing high-volume AP operations and meeting defined SLAs and deadlines.
 Proficiency in Microsoft Excel, including Pivot Tables, lookups, reconciliations, and financial
reporting.
 Experience working with ERP/accounting systems; hands-on experience with Oracle ERP /
Oracle Accounts Payable is preferred.
 Strong knowledge of AP-to-GL integration and reconciliation.
 Experience supporting US-based clients and US accounting / US GAAP is strongly
preferred.
 Strong analytical, problem-solving, and decision-making skills.
 Excellent written and verbal communication skills, with the ability to communicate
effectively with US-based stakeholders and senior management.
 Strong stakeholder management and escalation-handling skills.
 Demonstrated ability to drive process improvements, automation, and operational
efficiencies.
 Ability to manage multiple priorities and deliver results in a fast-paced environment.
 Strong attention to detail, ownership, and accountability.
Work Schedule
 The role primarily supports a US-based client and requires flexibility to work during US
Pacific Time business hours, as needed.
 The candidate should be flexible to work extended or adjusted hours based on business
and client requirements.