Manager, Financial Accounting (AP)

Key Responsibilities

• Manage the integration of the Accounts Payable function into the Shared Services structure, ensuring smooth transition of tasks from regional teams (e.g., Penang) into a centralized process.
• Lead the strategy and execution of accounts payable operations, ensuring the efficient and accurate processing of supplier invoices and payments within the Shared Service environment.
• Oversee the timely and accurate closure of accounts payable records for global entities, ensuring adherence to company policies and alignment with US GAAP and other relevant accounting standards.
• Ensure proper internal controls for the accounts payable function are in place and that the team complies with GAAP, local regulations, and tax reporting requirements in all jurisdictions.
• Oversee SOX compliance within Accounts Payable, ensuring that all processes and controls are well-documented and maintained, providing recommendations for any necessary improvements or updates.
• Regularly assess and benchmark accounts payable processes against industry best practices to identify and implement improvements for efficiency and accuracy.
• Lead initiatives to improve, automate, and standardize accounts payable processes, reducing manual effort and improving overall efficiency.
• Collaborate with key stakeholders across departments to address and resolve challenges related to accounts payable processes, providing recommendations for improvements where necessary.
• Lead and develop the Accounts Payable team, fostering a culture of continuous learning and ensuring the team’s growth in skills and capabilities.
• Handle special projects and assignments related to accounts payable and finance as required by senior management.

Qualification & Requirements

Key Skills/Competencies:

• Strong background in managing Accounts Payable functions in a large organization, with a focus on process optimization, automation, and efficiency.
• In-depth knowledge of US GAAP, IFRS, and local accounting standards as they relate to accounts payable and financial reporting.
• Strong interpersonal skills, able to communicate complex financial information clearly to non-finance stakeholders and influence outcomes effectively.
• Demonstrated experience driving automation, process improvement, and standardization within accounts payable and financial operations.
• Proven ability to lead, mentor, and build high-performing teams in a dynamic, cross-functional environment.
• Able to lead the team through changes, including systems upgrades, new process implementations, and shifts in organizational priorities.
• Strong experience with SAP ERP systems and other automation tools (e.g., RPA, LEAN) to improve accounts payable processes.

Education & Specific Experience Required:

• CA, ACA, ACCA, or CIMA certification is required.
• A Master’s degree in Business Administration is a plus.
• >10 years of experience in finance/accounting: Extensive experience in finance, accounting, and reporting, particularly in accounts payable or general accounting.
• >5 years in leadership: Demonstrated leadership experience, particularly in managing teams and processes within a matrix organization.
• >5 years in automation projects: Proven experience leading accounts payable automation initiatives, such as RPA, LEAN, or other process improvement methodologies.
• >5 years with SAP ERP systems: In-depth experience with SAP ERP systems, particularly in automating accounts payable processes.

Benefits

Micron Technology employee benefits and perks, which include health insurance benefits, transport facilities, work from home policy, education assistance, and other perks and benefits…