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Manager- Managed Services F&A - Accounts Payable

KPMG Global ServicesBengaluru🇮🇳India

Quick overview

SeniorityMid Senior
Employment typeFull Time
Work modeHybrid
LocationBengaluru, India
Accounts PayableCPAComplianceContinuous ImprovementPerformance ManagementRisk ManagementBusiness Development

Job description

The position in discussion is with the Managed Services team, part of our Consulting team.

The KPMG Global Services (KGS) Consulting team is a diverse team of more than 6,400 professionals. We provide consulting services to KPMG Firms worldwide to support clients’ business transformation journeys across various industries. With capabilities such as Technology Enablement, Corporate Services, Customer and Operations, Cross Functional Services, Risk Services and Managed Services, our team is a varied mix of professionals with extensive skills and expertise.

Through your work, you’ll build a global network and unlock opportunities that you may not have thought possible with access to great support, vast resources, and an inclusive, supportive environment to help you reach your full potential.

As a firm, we are deeply committed to diversity, inclusion and equity at our workplace. We offer a safe and inclusive environment built on trust, where all our colleagues can bring their authentic selves to work and know that their uniqueness is valued.

We prohibit unfair treatment of applicants and employees and discrimination on any ground, including but not limited to, caste, religion, color, ancestry, marital status, medical condition, sex, gender identity and/or expression, sexual orientation, age, nationality, cultural origin, family or parental status, defense veterans, physical, mental or sensory disability or any other status or characteristic protected by applicable Indian laws and regulations.

Manager– Service delivery your responsibilities will be working with team of consultants and associate consultants for executing projects on behalf of international KPMG teams and clients. Experience running Finance & accounting teams in India, supporting clients in the US

The ability to engage and communicate with clients, onshore stakeholders, engagement teams and KGS Management along with good people management skills and experience are therefore essential, with a demonstrated track record of having successfully led large teams in an operation environment.

In addition, the role will be required to build an understanding of various technology platforms used to support the client delivery with a focus on process standardization and improvement to ensure our services are delivered to a high quality at low cost.

The role will involve working with several internal functions, so the ability to proactively build and maintain internal networks will be key to the success of the role.

The job responsibilities include:

•Lead & manage accounts payable processes for the client, ensuring effective operational delivery to customers
•Maintain day to day client relationship activities and provide input, preparation and support to contractual Service Reviews
•Manage end-to-end Accounts Payable processes, including Invoice processing (PO & Non-PO), Vendor payments and payment runs, Vendor master management & Expense reimbursements
•Oversee AP-related close activities during month-end, quarter-end, and year-end.
•Ensure timely booking of accruals and expenses.
•Review AP reconciliations and ensure open items are resolved promptly.
•Build strong relationships with senior stakeholders onshore, KGS Leaders across different service lines and KGS Senior Management within MS.
•Maintenance of Service Levels of the team and by overall engagement encompassing productivity, quality-based outcomes, thus, ensuring high level of customer service at all times
•Actively protecting the client’s interest at all times in every aspect of client delivery including complying with statutory regulations & legislation, maintaining highest standards of quality and ensuring that the potential risk to company arising out of operational lapses are minimized.
•Transition and project set-up in KGS, working in collaboration with internal, onshore and client stakeholders, involving key aspects viz. resourcing, technology set-up, knowledge transfer etc., and leading project to BAU mode in smooth and seamless manner.
•Reporting of issues of concern and risk to KGS Leadership, and where appropriate, to the client on a timely basis and pro-actively ensuring problems/issues are identified and solved.
•Aim to operate at industry best practice level, where applicable and initiate & support process improvements to achieve higher levels of efficiency & effectiveness to maximize productivity gains and achieve consistency in delivery across various delivery sites, as applicable.
•Effectively manage growth as per capacity plan in liaison with Operations Support and onshore stakeholders by ensuring offshore department is resourced with sufficient, well trained and well-motivated staff and staff are developed to their potential in line with operational needs.
•Owning and driving People Agenda encompassing, Colleague Engagement, Performance Management, Learning & Development, Resourcing, Retention & Attrition and similar key themes as apt.
•Attract and retain top talent, drive people development through identifying and implementing required trainings and driving GPS (Global People Survey) action plans.
•Maintain control over operational budget, demonstrating due care and diligence in exercising operational level mandates within authority outlined in the Delegated Authorities Manual.
•Drives operational excellence – Enable culture of continuous improvement through brainstorming and harnessing new ideas and solutions, evaluate opportunities for improvement and apply industry best practices and benchmarks and plan for contingencies and on-time delivery
•Building and developing relationships with key clients, identifying potential business opportunities, and participating in business development activities to win new clients.
•Actively seek, embrace and act upon 360 feedback

Educational qualifications

•Professional certifications like CA, CPA, or CMA
•Work experience

Min 8-10 yrs in an operational environment, with at least 5 years spent in leading Operations. Experience running Finance & accounting teams in India, supporting clients in the US

Mandatory  technical & functional skills

•Accounting tools
•Strong command and ease of business English (spoken and written), native preferred
•Executive presence, able to interact directly with clients
•Previously led a team / experience leading teams
•Insurance, Banking and Asset Mgt experience a plus
•Audit experience a plus
•Commercially astute – ability to understand engagement commercials and manage costs per FTE to an optimum level.
•Strong presentation skills and ability to engage senior stakeholders
•Strong focus on results-led management and situational leadership skills
•Awareness of the Regulatory & Compliance guidelines and other relevant legislation, procedures and processes
•Preferred background in Financial services industry, with exposure to Banking Operations and Risk Management, under the ambit of  global service delivery set-up

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