Senior Executive – Accounts Payable

This is a fully remote position, open to applicants in India.

📋 Description

• Assist Marcura Group in managing the Procure-to-Pay process for an expanding portfolio of Group entities.

• Take charge of the complete invoice-to-pay cycle for designated entities and vendors independently.

• Record PO and non-PO invoices within Oracle/NetSuite, ensuring accurate tax and accounting/cost-centre coding.

• Conduct invoice verification, perform 2-way/3-way matching, and investigate or escalate any discrepancies or blocked invoices.

• Oversee RT/tracking tools, address tickets, and maintain oversight of invoice volumes.

• Liaise with vendors to resolve invoice-related queries and finalize outstanding requests.

• Manage Group credit card usage, monitor transactions, and document expenses.

• Ensure timely and precise vendor payments according to payment cycles and due dates.

• Generate AP ageing reports and payment plans/schedules for designated entities.

• Aid in manual and Host-to-Host payment processing; verify supplier bank details and troubleshoot failed or returned payments.

• Support payment advice and communication with critical suppliers.

• Carry out bank, vendor, and portal reconciliations.

• Contribute to weekly AP ageing, AP spending, cash balance, 13-week AP forecasts, and monthly closing balance reporting.

• Maintain documentation that is audit-ready and assist in remedying audit findings.

• Ensure compliance with approval matrices, segregation of duties, and standard operating procedures.

• Assist in stabilizing Host-to-Host payments, automation, process improvements, finance transformations, ERP implementations, AI adoption, and scalability initiatives.

• Report directly to the Head of Accounts Payable and collaborate closely with the AP team.

⛳️ Requirements

• Master’s or Bachelor’s degree in Accounting, Finance, Commerce, or a related discipline.

• Progress towards a professional accounting qualification (e.g., CA/CMA/ACCA/CPA) is a plus.

• At least 4–6 years of relevant experience in Accounts Payable / Procure-to-Pay, preferably in a multi-entity, multi-currency group setting.

• Practical experience with invoice processing, 2-way/3-way matching, vendor and bank reconciliations, and executing vendor payments.

• Familiarity with an ERP system (preferably Oracle and NetSuite) and experience in payment automation / Host-to-Host banking integrations is highly desirable. Hands-on experience with NetSuite is a significant advantage.

• Background in supporting internal/external audit requirements and operating within a structured controls and approval-matrix framework.

• Proficient in MS Excel; comfortable using reporting/ERP tools and ticket-tracking systems.

• Exceptional attention to detail and accuracy, with the ability to handle invoice volumes while adhering to stringent deadlines.

• Strong organizational skills to manage multiple entities, currencies, and payment cycles concurrently.

• Excellent communication skills for effective engagement with vendors, Procurement, Compliance, and internal stakeholders.

• A proactive attitude towards process improvement and a willingness to assist with automation and digitization efforts.

• Capacity to work autonomously while closely collaborating as part of a small, hands-on AP team.

• Comfortable working within a remote, multinational team across various time zones and cultures.

🏝️ Benefits

• Competitive salary and performance-related bonuses.

• Flexible work arrangements, including remote working options.

• Opportunities for professional development and continuous learning.

• Access to a diverse and inclusive work environment.

• Comprehensive health and wellness programs.