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Manager Merch Payable

Apply Now Job ID: R0000068461 schedule: Full time Location: Target Corporation India Pvt. Ltd., Bangalore, Karnataka, India, 560045;
Description:

PRIMARY FUNCTION

Provides leadership to the Merchandise Payables processing team ensuring accurate and timely payments to vendors. Identifies payment & operational improvements and implements changes.  Maintains strong partnerships with other Accounts Payable teams, Transportation teams and vendors. 

PRINCIPAL DUTIES AND RESPONSIBILITIES

Supervision and Leadership – Manages processing and is responsible for workload distribution, performance development and executing strategies based upon the performance potential assessment of team members.

Maintain Financial Integrity:  Ensures the accurate and timely posting of freight payment to general ledger, timely recovery of claims and allocation of funds to right departments. Abide by the SOX guidelines to maintain integrity of books of accounts related to freight payment and receivables. 

Systems:  Responsible for staying current on any system changes for systems that interface with TAP, SAP AP and for assessing the impact to the on time and accurate payment issues.

Drive Productivity –Identifies and drives solutions  for efficient invoice processing by monitoring team productivity, partnering with other payment teams within Target to centralize payment processing, and determining where automation can help a process.

Special Projects - Works on special projects as assigned.

REPORTING/WORKING RELATIONSHIPS

Reports to:  Sr Manager/Director

Maintains on-going communication and working relationship with vendors, Transportation Sourcing, EDI teams, and all areas within Accounts Payable.  

JOB REQUIREMENTS

MINIMUM REQUIREMENTS

  • Commerce  Degree –Accounting or Finance
  • 8+ years relevant experience
  • Proven leadership skills
  • Excellent oral/written communication skills
  • Strong PC skills and system aptitude
  • Proven analytical and problem solving skills.
  • Excellent organizational and multitasking abilities
  • Project management skills

DESIRED REQUIREMENTS

  • Accounts Payable experience
  • 2 to 4 years supervisory experience
  • SAP and TAP
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