Team Lead - Accounts Payable

At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we’ll give you what you need to make it happen. It won’t always be easy, growing takes grit. But at ABB, you’ll never run alone. Run what runs the world.This Position reports to:Accounting & Reporting Manager-PayableJob Description: Team Lead – Accounts PayableAs a Team Lead in Accounts Payable at Global Business Services, the position holder will lead the activities for selected countries supported from the Hub locally. In this role, the vision is to establish and run an organization which is seen as a trusted partner to optimize corporate processes of ABB.This role is based at Bangalore and reporting into Deputy Delivery Manager - Accounts Payable. Your responsibilities include:Responsible for global service delivery for selected countries through accomplishing the targets (productivity, cost, customer satisfaction, SLAs)Leading delivery team on accounting and processing of invoices in a complete, accurate and timely manner while ensuring compliance with internal guidelines and procedures and external regulatory requirements.Provide solutions to accounting and tax issues as they arise and manage the escalations efficientlyTo identify inconsistencies / issues in the process and work with internal stakeholders in resolving the sameEnsuring accurate accruals, pre-paid schedules & timely month-end reportingEnsuring AP GLs are reconciled regularly, and open items are resolved timelyRegular monitoring of invoice backlog & to keep the backlog well within the controlContinuous improvement and process standardization for responsibility areas and work on automation initiativesDriving operational metrics performance management and responsible for people strategy (hiring, retention, training & development, performance management).Focusing on customer value addition and satisfaction to ensure GBS teams are equipped to provide the service levels agreed and enhancing internal control environment and fraud awareness.Living ABB’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues, and the business.Your background: Bachelor’s or master’s degree in finance, Accounting, or equivalent 8+ years of good experience with strong exposure in managing large global teams in both captive/ BPO 3rd party set up.Strong Communication skills. Outstanding attention to detail, accuracy, and ability to multitask.Knowledge of SAP and AP workflow tools will be added advantageMust have handled a team of 12-15 employees and open for working in shifts Must have knowledge in US GAAP India/ APAC/ AMEA/ EU/NAM – P2P process knowledge or expertise is preferred We value people from different backgrounds. Could this be your story? Apply today or visit www.abb.com to read more about us and learn about the impact of our solutions across the globe.Fraud Warning: Any genuine offer from ABB will always be preceded by a formal application and interview process.We never ask for money from job applicants.For current open positions you can visit our career website https://global.abb/group/en/careers and apply.Please refer to detailed recruitment fraud caution notice using the link https://global.abb/group/en/careers/how-to-apply/fraud-warning.