Job Description
Full job description
Relocation Assistance Offered Within Country
Job Number #172037 - Mumbai, Maharashtra, India
Who We Are
Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specialising in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name!
Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all.
Title: Associate Team Lead - Accounts Payable
Brief introduction - Role Summary/Purpose:
The Accounts Payable Associate Team Lead, reporting to the Accounts Payable Team Lead, is responsible for managing the day-to-day service delivery of the Accounts Payable function while leading a high-performing team. This role ensures timely and accurate processing and payment of invoices, adherence to financial controls, and supports continuous improvement initiatives. The incumbent will serve as a key point of contact for escalations and drive operational excellence and transformation projects.
Key Responsibilities include, but are not limited to:
You will manage day-to-day Service Delivery while leading a high-performing team.
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.
Escalation Management: Address and resolve escalation issues stemming from vendor account reconciliation and payment disputes.
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.
Elevate Customer Experiences: Collaborate cross-functionally to enhance both internal and external vendor experiences, ensuring responsive service delivery and effective resolution of queries.Provide solution that simplify the process
Required Qualifications:
Bachelor of Commerce (B Com), Inter CA, or MBA with 7-8 years of experience in Accounts Payable domain
SAP experience is desired
Preferred Qualifications:
Updated knowledge of Goods & Services Tax and withholding tax
Strong knowledge of internal controls, SOX compliance requirements, and audit procedures.
Excellent communication and proven leadership skills with the ability to manage and develop a team.
Our Commitment to Inclusion
Our journey begins with our people—developing strong talent with diverse backgrounds and perspectives to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self, is treated with respect, and is empowered by leadership to contribute meaningfully to our business.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity, ****** orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.
#LI-Hybrid
Relocation Assistance Offered Within Country
Job Number #172037 - Mumbai, Maharashtra, India
Who We Are
Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specialising in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name!
Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all.
Title: Associate Team Lead - Accounts Payable
Brief introduction - Role Summary/Purpose:
The Accounts Payable Associate Team Lead, reporting to the Accounts Payable Team Lead, is responsible for managing the day-to-day service delivery of the Accounts Payable function while leading a high-performing team. This role ensures timely and accurate processing and payment of invoices, adherence to financial controls, and supports continuous improvement initiatives. The incumbent will serve as a key point of contact for escalations and drive operational excellence and transformation projects.
Key Responsibilities include, but are not limited to:
You will manage day-to-day Service Delivery while leading a high-performing team.
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.
Escalation Management: Address and resolve escalation issues stemming from vendor account reconciliation and payment disputes.
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.
Elevate Customer Experiences: Collaborate cross-functionally to enhance both internal and external vendor experiences, ensuring responsive service delivery and effective resolution of queries.Provide solution that simplify the process
Required Qualifications:
Bachelor of Commerce (B Com), Inter CA, or MBA with 7-8 years of experience in Accounts Payable domain
SAP experience is desired
Preferred Qualifications:
Updated knowledge of Goods & Services Tax and withholding tax
Strong knowledge of internal controls, SOX compliance requirements, and audit procedures.
Excellent communication and proven leadership skills with the ability to manage and develop a team.
Our Commitment to Inclusion
Our journey begins with our people—developing strong talent with diverse backgrounds and perspectives to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self, is treated with respect, and is empowered by leadership to contribute meaningfully to our business.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity, ****** orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.
#LI-Hybrid
💡 Quick Summary
Seeking a career-building opportunity? The Associate Team Lead, Accounts Payable position is now open for candidates interested in the Finance sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.
