
Global Accounts Payable Manager
1 week ago
**Company Description** Hi.** We're OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we're a customer-focused business that is all about inspiring customer confidence.
At OFX, you'll have the opportunity to reach beyond your role and function across disciplines. Make use of your diverse skill set at a business that values your expertise and turn your potential into reality.
**Job Description** Purpose of your role**
This role is an integral source of support for the Group Financial Controller in ensuring accurate and timely processing of vendor invoices, payments, and reconciliations. You will be responsible for leading a global AP team, with employees in multiple regions, and overseeing the accounts payable function across multiple entities and regions. You will work closely with the team to provide guidance and support to ensure invoices are approved, processed, and paid accurately within payment terms, along with completion of accurate and timely reconciliations and vendor subledger maintenance.
**What you do**
- Oversight of end-to-end accounts payable function, working closely with the accounts payable officer, accounts payable senior analyst and accounts payable analyst to provide support and guidance to ensure vendor details and transactions are maintained accurately in the Accounts Payable Platform (Concur) and Microsoft Dynamics 365 accounts payable module.
- Ensure vendor payments are approved, paid, and reconciled in a timely manner and internal and external vendor payment queries are addressed and resolved.
- Undertake 'Accounting Review' of invoices that are approved in Concur, to ensure the transaction reflects the invoice and appropriate accounting ahead of approval to post to the general ledger.
- Monthly review of accounts payable subledger and related suspense account balances, to confirm appropriate support, and follow up of any unreconciled balances.
- Continuously review and enhance accounts payable processes, leveraging automation and technology to streamline workflows and improve efficiency. Generate regular reports and analysis on accounts payable metrics, such as invoice processing time, payment accuracy, and vendor performance. Provide insights and recommendations to management based on the analysis.
- Stay updated on changes in global accounting standards and regulations related to accounts payable. Implement controls to mitigate fraud and other risks in the accounts payable function.
- Oversight of the financial controls and financial accounting associated with the corporate card program and the 3rd party commissions.
- Provide support for accounts payable related audit requests in a timely manner.
- Lead and develop the team, providing guidance, training, and performance feedback. Foster a collaborative and high-performing work environment. Manage workload distribution and prioritise tasks to meet deadlines and ensure accuracy.
**Qualifications**
**_
Qualifications_**
- Tertiary qualifications in accounting/business/commerce.
- Diploma in accounting or CA/CPA qualified.
**_ Knowledge, skills, experience_**
- 7+ years of progressive experience in accounts payable, including global or multi-entity environments.
- Strong knowledge of accounts payable processes, global compliance requirements, and accounting principles (e.g., IFRS).
- Experience with accounts payable systems (e.g., Concur) and proficiency in using financial software and Microsoft Office Suite.
- Strong leadership and communication, both verbal and written, including the ability to collaborate with cross-functional teams and stakeholders.
- Excellent analytical and problem-solving abilities.
- Attention to detail and ability to prioritise tasks effectively.
- Previous management of direct reports preferred, including a genuine interest in developing the capabilities of your team.
**Additional Information** What it's like working at OFX**
We're OFXers because we want to make a difference. We see challenges as opportunities and we're not afraid to roll up our sleeves to get stuff done. We're committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.
We operate as one team, cross-functionally and globally, to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.
- ** Always keep learning.** We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career, with leadership training, secondments, internal mobility and access to a large library of online learning.
- ** Make a difference.** Through our Make a Diff
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