Head of Accounts Payable

4 days left

Employer
Builder.ai - What would you Build?
Location
India
Posted
May 27, 2024
Closes
Jun 23, 2024
Ref
4709571918
Role
Bookkeeper
Work Mode
Hybrid
Hours
Full Time
Organization Type
Corporate
About Builder.ai
We’re on a mission to make app building so easy everyone can do it - regardless of their background, tech knowledge or budget. We’ve already helped thousands of entrepreneurs, small businesses and even global brands, like the BBC, Makro and Pepsi achieve their software goals and we’ve only just started.

Builder.ai was voted as one of 2023’s ‘Most Innovative Companies in AI’ by Fast Company, and won Europas 2022 ‘Scaleup of the Year’. Our team has grown to over 800 people across the world and our recent announcement of $250m Series D funding (and partnership with Microsoft) means there’s never been a more exciting time to become a Builder.

Life at Builder.ai
At Builder.ai we encourage you to experiment! Each role at Builder has unlimited opportunities to learn, progress and challenge the status quo. We want you to help us become even better at supporting our customers and take AI app building to new heights.

Our global team is diverse, collaborative and exceptionally talented. We hire people for their differences but all unite with our shared belief in Builder’s HEARTT values: (Heart, Entrepreneurship, Accountability, Respect, Trust and Transparency) and a let’s-get-stuff-done attitude.

In return for your skills and commitment, we offer a range of great perks, from hybrid working and a variable annual bonus, to employee stock options, generous paid leave, and trips abroad #WhatWillYouBuild

About the Role:

This role is responsible for overseeing the accounts payable function, managing vendor payments, and ensuring the timely and accurate processing of invoices, and reconciliations. This role requires strong leadership, a key eye for detail, and the ability to implement and maintain efficient processes. The Accounts Payable Head will work closely with internal and external stakeholders to ensure compliance with company policies and regulatory requirements.

Key Responsibilities:
  • Leadership and Management:
    • Lead, mentor, build, and develop the accounts payable team.
    • Set performance goals, monitor progress, and provide regular feedback.
    • Foster a positive and collaborative team environment.
    Accounts Payable Operations:
    • Oversee the end-to-end accounts payable process, including invoice processing, payment execution, and vendor management.
    • Ensure all invoices are processed accurately and on time.
    • Manage the reconciliation of accounts payable transactions.
    Process Improvement:
    • Identify opportunities for process improvements and implement best practices.
    • Develop and maintain standard operating procedures for the accounts payable function.
    • Utilize technology and automation to enhance efficiency and accuracy.
    Vendor Relations:
    • Build and maintain strong relationships with vendors and suppliers.
    • Handle vendor inquiries and resolve issues promptly.
    • Negotiate payment terms and agreements with vendors.
    Compliance and Reporting:
    • Ensure compliance with company policies, procedures, and regulatory requirements.
    • Prepare and present reports on accounts payable activities, metrics, and performance.
    • Collaborate with internal and external auditors during audits.
    Budget and Financial Management:
    • Assist in the preparation of the accounts payable budget.
    • Monitor and manage accounts payable expenditures to stay within budget.
    • Analyze financial data to identify trends and areas for cost savings.
    Collaboration:
    • Work closely with the finance team to support month-end and year-end closing activities.
    • Coordinate with other departments to resolve any issues impacting the accounts payable process.
    • Participate in cross-functional projects as needed.


    Requirements
    • Qualified CA
    • Minimum of 7-10 years of experience in accounts payable or a related field, with at least 3-5 years in a supervisory or management role.
    • Strong knowledge of accounts payable processes, accounting principles, and financial regulations.
    • Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
    • Excellent analytical, problem-solving, and decision-making skills.
    • Strong leadership and team management abilities.
    • Exceptional communication and interpersonal skills.
    • High level of accuracy, attention to detail, and organizational skills.
    • Ability to work under pressure and meet tight deadlines.


    Benefits
            • Attractive quarterly Discretionary variable pay dependent on your role
            • Stock options in a $450 million funded Series D scale-up company
            • Hybrid working
            • 24 days annual leave + public holidays
            • 2 x Builder family days each year
            • Time off between Christmas and New Year
            • Generous Referral Bonus scheme
            • Fully funded Private Medical Insurance
            • Free lunch at our state of the art working environment in Gurugram