Company Description

Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global supplier of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 28,200+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe and the Asia Pacific region.

Job Description

Roles & Responsibilities :

Supervise and lead a team of invoice processors, accounts payable specialists, and other relevant personnel

Set clear goals and performance targets for team members

Provide guidance, coaching, and support to team members to help them achieve their objectives
Oversee the end-to-end invoice processing workflow, ensuring that invoices are received, reviewed, approved, and processed in a timely and accurate manner

Monitor invoice queues and workload distribution among team members

Resolve complex invoice issues and discrepancies

Collaborate with vendors and suppliers to address invoice-related inquiries, discrepancies, and payment concerns

Maintain positive relationships with key vendors and ensure payment terms are adhered

Enforce compliance with company policies, accounting standards, and relevant regulatory requirements

Stay updated on changes in financial regulations that may impact the invoice-to-pay process

Generate regular reports on the team's performance, including key performance indicators (KPIs) such as invoice processing times, accuracy, and payment timeliness

Implement process improvements and automation where possible to increase efficiency and reduce errors

Provide training and development opportunities for team members to enhance their skills and knowledge in invoice management

Conduct performance evaluations and provide feedback for professional growth

Qualifications

Educational qualification:

Bachelor's or master's degree in finance, accounting, or a related field

Relevant certifications (e.g., Certified Accounts Payable Professional, Certified Public Accountant) may be advantageous

Knowledge of German Language preferable

Experience :

Several years of progressive experience in accounts payable, finance, or a related financial role at leadership role

5-7 years of leadership experience

 

Mandatory/requires Skills :
Effective leaders, capable of inspiring, guiding, and motivating their team to achieve their goals

Effective communication skills, both verbal and written, are important for conveying expectations, providing feedback, and facilitating collaboration among team members and with other departments

Providing guidance, mentorship, and training to team members

Strategic perspective, aligning their team's work with the organization's goals and providing insights for cost control and financial performance

Drive to identify and suggest process improvements is key for optimizing financial workflows and enhancing efficiency

Understanding and meeting the needs of internal and external customers

Preferred Skills :