Senior Manager, Accounts Payable

At BP, we are currently seeking a highly experienced and driven Senior Manager of Accounts Payable to join our dynamic team. As a global leader in the energy industry, BP is committed to fostering a culture of excellence and innovation, and we are looking for a candidate who shares this same passion. As the Senior Manager of Accounts Payable, you will play a crucial role in overseeing the financial operations of our company, ensuring accuracy and efficiency in all aspects of accounts payable. If you are a detail-oriented professional with a strong background in accounting, we invite you to apply for this exciting opportunity.

1. Oversee the entire accounts payable process, including invoice processing, vendor management, and payment processing.
2. Develop and implement policies and procedures to ensure accuracy, efficiency, and compliance with company and industry standards.
3. Manage a team of accounts payable professionals, providing guidance and support to ensure high levels of performance and productivity.
4. Review and analyze financial data to identify areas for improvement and make recommendations for process enhancements.
5. Collaborate with cross-functional teams, including procurement and finance, to streamline processes and resolve any issues or discrepancies.
6. Ensure timely and accurate month-end and year-end closing activities related to accounts payable.
7. Monitor and maintain vendor relationships, negotiating terms and resolving any payment or billing concerns.
8. Review and approve all outgoing payments, ensuring proper authorization and documentation.
9. Conduct regular audits of the accounts payable process to identify and mitigate any potential risks or errors.
10. Stay up-to-date on industry trends and regulations related to accounts payable and make necessary adjustments to processes and procedures.
11. Prepare and present reports to senior management on accounts payable performance, including key metrics and analysis.
12. Serve as a subject matter expert for accounts payable, providing guidance and support to internal teams and external stakeholders.
13. Foster a culture of excellence and innovation within the accounts payable team, promoting continuous learning and development opportunities.
14. Participate in company-wide initiatives and projects related to financial operations, providing input and expertise from an accounts payable perspective.
15. Adhere to all company policies and procedures, as well as ethical and legal standards, in all aspects of the job.

According to JobzMall, the average salary range for a Senior Manager, Accounts Payable in Pune, Maharashtra, India is between ₹1,500,000 - ₹2,500,000 per year. This is equivalent to approximately $20,500 - $34,200 USD per year. However, salaries can vary greatly depending on factors such as the specific company, level of experience, and individual skills. Additionally, bonuses and benefits may also impact the overall salary package.

BP Plc is an integrated oil and gas company that provides customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. It operates through two segments: Upstream and Downstream. The Upstream segment markets and trades natural gas, including liquefied natural gas, power and natural gas liquids and is responsible for its activities in oil and natural gas exploration, field development and production, and midstream transportation, storage and processing. The Downstream segment is responsible for the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers.