Hitachi Energy Canada | Accounts Payable Lead

Key accountabilities

• The incumbent is responsible for processing and supervising invoice processing, Payment Run, vendor management, Process Implementation and Improvement for Hitachi Rai Canada Inc
• Frequently promote the changes as a positive experience to all stakeholders.
• Ensure invoices are supported by approved documentation.
• Liaise with Treasury to correctly process hedged items in order to mitigate exposure to foreign currency movements.
• Assist Treasury with managing payments to meet company cash flow deliverables.
• Maintain optimal aging of Accounts Payable.
• Ensure effective communication with the Buyers and the Quality team to drive timely resolution of invoice processing delays in relation to inventory receipts, PO issues and vendor disputes.
• Manage, communicate and resolve all queries in a timely manner.
• Participate actively in clearing open items, advanced payments GL account, GRIR and other accounts during the month-end process.
• Prepare month-end journal entries and ensure completeness of accruals.
• Prepare monthly balance sheet reconciliations on Accounts Payable related accounts to ensure completeness, accuracy and validity.
• Verify expense reports and make sure that it complies with company Travel Policy.
• Support changes to AP or payments process by actively changing daily routines.
• Implement changes in procedures and internal controls to enhance operational efficiency within Accounts Payable and payments.
• Assist with implementation of new technologies or process as needed.
• Work in cross-functional implementation teams if requested.
• Maintain vendor master data to support payments in SAP including cleansing the data at least annually and amending data when requested to do so.
• Communicate with other stakeholders in business regarding process changes so that they understand the impact.
• Support effective cross-training of area specific skills to everyone in P2P.
• Ensure process maps and procedures are up to date and available for all AP and Payment processes.
• Ensure timely resolution of issues.
• Participate in special projects at the request of management. Other duties as assigned.
• Process third party vendor invoices accurately and in a timely manner.
• Process third party, intercompany, expenses and other payments according to the payments schedule in a timely manner.
• Run reports on vendor master data upon request.

Qualifications

• Must have University degree with a specialization in Accounting and Accounts Payable.
• At least 5-year experience in the Accounting computerized environment.
• Experience with large accounting software (SAP preferred).
• Excellent knowledge of excel, including advanced functions.
• Very good communication and interpersonal skills.
• Must be able to work under pressure of deadlines.

Hitachi Energy India Limited

The business began in 1949 as Hindustan Electric and later carried the names Hindustan Brown Boveri, ABB Power Grids and Hitachi ABB Power Grids before taking its present name.

• Industry: Power and grid technology: transformers, HVDC systems, power automation and related services
• Headquarters: Zurich, Switzerland (Hitachi Energy Ltd, part of the Hitachi group of Japan); Hitachi Energy India Limited is headquartered in Bengaluru