Associate Team Lead Vacancy at Colgate - Palmolive Company

Colgate - Palmolive Company invited applications for the post of Associate Team Lead, Accounts Payable, We are seeking a skilled and experienced Associate Team Lead - Accounts Payable to join our team. The successful candidate will be responsible for managing the end to end accounts payable activities and Team performance management.

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Qualifications

• Inter CA / MBA or equivalent in Finance & Accounts
• Strong understanding of accounts payable processes and best practices
• Understanding of financial compliance and reporting standards
• Familiarity with Goods & Services Tax and the Withholding Tax ACT.
• Strong communication and collaboration skills.

Responsibilities:

• Invoice Processing & Account Reconciliation : Review, verify, and post PO (Purchase Order) and NPO (Non-Purchase Order) invoices for both third-party and intercompany transactions. Regularly review debit and aged balances in vendor accounts, and resolve discrepancies in a timely manner. Continuously review open Purchase Orders, highlight exceptions, and ensure the prompt resolution of open GRIR items.
• Financial Closing & Compliance: Ensure the timely closing of books of accounts by recording all relevant entries accurately.
• Payment & Duplicate Invoice Review: Rigorously review payment proposals and suspected duplicate invoice reports to maintain financial integrity.
• Process Controls & Documentation: Maintain adequate process controls including up-to-date SOBPs, and perform monthly SOX compliance reviews with proper documentation. Ensure audit readiness and minimal queries during audits.
• Performance Monitoring & Reporting : Regularly review performance dashboards and drive service delivery by meeting key performance indicators. Prepare detailed MIS reports to support stakeholders management requirements and facilitate data-driven decision-making.
• MIS & Continuous Improvement: Prepare comprehensive MIS reports for Business Engagement Meetings.Initiate and participate in continuous improvement projects to optimize process efficiency and effectiveness.
• Team Leadership & Development : Conduct the functional onboarding of team members and provide on-the-job operational support. Continuously assess team performance, offer constructive feedback, identify training needs, and coach team members to build knowledge backups. Serve as the point of contact for escalation issues and provide tactical guidance to optimize team efficiency.
• Transformation Leadership : Lead Transformation Projects, Spearhead strategic transformation initiatives focused on financial process re-engineering and technology adoption, driving efficiency and operational excellence.

JOB LOCATION: Mumbai, Maharashtra, India

For more details and to apply, click here

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