Payables Section Manager

💰 ₹28,800 - ₹46,080 (Est.) 📍 Bengaluru

Job Description

Career Area:
Accounting
Job Description:
Position Title: Payable Section Manager

Job Location: Bangalore, KA-India

Job Profile

Provides leadership and direction with both technical and administrative responsibilities for a team of individual contributors.
Overall payment and verification practices have been established, but there is a continual need to interpret, coordinate and change recording activities resulting from constantly changing business conditions.

This job role mainly focuses on freight payables and payment management processes.
Ideal candidate should have prior experience in reviewing freight contracts and validating the invoices from service providers with relevant agreement terms and contracted rates.
Primary responsibilities of the Freight Payables Section Manager are divided into three areas:
Managing People :
Manages a team of management personnel and their related workload. Sets expectations and prioritizes work and projects.

Analyzes staff-provided data for decision making at a summary level.
Motivates team members to work towards individual and team goals and fosters an environment of teamwork and cooperation.
Evaluates and reports on staff performance, participates in employee selection to ensure qualified candidates are selected to benefit the enterprise, provides career guidance and training direction, ensures compliance with personnel practices, and promotes team rewards and successes to ensure employee engagement to meet corporate strategic goals.
Provides technical guidance and expertise.
Managing Expectations:

Counsels and actively participates in customer’s strategic business initiatives.
Identifies, establishes, prioritizes, and communicates goals and objectives of team.
Ensures team meets new and existing performance targets rapidly and effectively through continuous process improvement.
Proactively interacts with customers to develop, understand, and manage customer requirements and expectations.
Provides services, makes recommendations, and manages costs.
Communicates effectively within the team and with all internal and external customers, including presentations to all levels of management.
Resolves customer’s issues independently.
Ensures team’s focus is on cost reduction as well as improving product/process quality.
Managing Complex Work:
Provides counsel and technical guidance and expertise on complex business issues related to various supply chain processes.
Works with customers and informational technology teams to establish system priorities.
Leads initiatives and makes decisions to represent the team with both customers and internal team members (i.e. process improvements, new business requirements).
Provides creative solutions that challenge traditional methods ensuring processes are adaptive, flexible, and less complex to enhance team and customer performance, working with information technology to make changes to existing systems.
Investigates new technology to recommend cost effective tools to improve customer satisfaction and reduce processing costs.
Partners with managed service provider for completion of routine transactional work and reviews monthly performance metrics.
Demonstrates a comprehensive knowledge of Caterpillar’s entire supply chain.
Limited travel required (less than 5% of working time).
Background/Experience

Degree in accounting with at least 10 years of accounting experience.
Preference will be given to candidates with minimum 5 years of experience in managing freight related invoices and related payment processes.
Incumbent must demonstrate knowledge of policies and procedures, plus initiative, leadership, excellent analytical skills, problem solving, good judgment and superior communication skills.
Accounting skills and a strong knowledge of internal controls is required.
Excellent interpersonal skills are required to deal with highly sensitive issues, develop others or persuade others inside and outside the department to take specific actions.
SAP experience is preferred.
Flexibility to work in US shift is required.
Caterpillar is an Equal Opportunity Employer (EEO).

Caterpillar is an Equal Opportunity Employer (EEO).

Not ready to apply? Submit your information to our Talent Network here .

💡 Quick Summary

Seeking a career-building opportunity? The Payables Section Manager position is now open for candidates interested in the Accountant Jobs sector. This role in Bengaluru 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 Accountant Jobs is a plus.

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Job Details

Company Name: Caterpillar

Frequently Asked Questions

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The expected salary for Payables Section Manager in Bengaluru is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Payables Section Manager is an on-site position based in Bengaluru. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Payables Section Manager. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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