Supervisor, AP

Regal Rexnord

Manila City, Metro Manila
Permanent
Full-time

26 days ago

Position Summary:The Accounts Payable/Receivable supervisor is responsible for assisting the Finance Shared Services Manager in supervising the day-to-day operations of Accounts Payable/Receivable Team to ensure that performance targets and objectives are met in order to provide high quality AP/AR services to RRX Business Units.Main tasks include monthly review with counterpart, trouble shooting, process improvement, standardization, migration of new process received, performance evaluation, consolidation of management report, mentoring of APRC specialist and Payment Processors (AP). Applies appropriate internal controls, related SOX policy and RRX finance policy and procedure.Required Education / Experience / Skills:

Graduate of finance related course or business management course, with accounting units preferred
Must have at least 7 years working experience, 5 years of which should be in end-to-end accounts payable (i.e., processing, netting, Control Account and Intercompany Statement Reconciliation, GRNI, GIT, and other month-end activities)
Must have at least 1 year in Supervisory experience.

Specific Knowledge:

Practical knowledge of ERP applications (Oracle, Esker, any other Finance ERP)
Proficient in MS Office applications (MS Word, Advanced Excel and PowerPoint)
Internal Control Audit.

Soft Skills:

Above average analytical skills
Leadership skills
Good communication skills
Multi-tasking skills
Teachable
Team player
Dependable
Organized
Good interpersonal skills
Willing to extend working hours and during holidays
With high regards to integrity
Can adapt to a fast pace environment

Training Activities:

ERP Systems (Oracle, Esker-for AP)
MS Office Applications (Microsoft Power Platform, Advanced Excel, Powerpoint)
Soft Skills training (meeting KPI, attitude, teamwork, customer service, interpersonal skills, time and stress management, English communication including business writing)
Leadership Training

Major Responsibilities:1. Supervise daily activities of the Accounts Payable/Receivable team to ensure complete and accurate processing of invoices or application of payments to invoices.2. Oversees end to end AP/AR Process of North America locations and ensures KPIs are met and conducts monthly review with counterparts.3. Provides hiring, promotion and disciplinary action recommendations, as well as performance evaluation and feedback for direct reports.4. Provides guidance in the accounts payable/receivable process for the team. Reviews accounts payable/receivable data ensure accuracy.5. Final reviewer of month-end invoicing activities and monthly reports submission.6. In-charge of ALL Sites / Entities of world area being handled.7. Mentoring / Coaching of AP/AR Team; training of staff for new process received.8. Participates in or leads projects in targeted improvement areas.9. Act as point person of escalated queries / issues of all North America sites.10. Responsible for preparing the management reports related to the performance of the team11. Responsible on the following on recruitment: Hands-on exam of applicants; technical/skills Interview of applicants to be endorsed for final interview to the Manila Financial Controller or Finance Shared Services Manager.12. Serves as an effective back-up for Accounts Payable/Receivable coordinator under his/her team.13. Applies appropriate internal controls, related SOX policy14. Policy Making / Decision Making ResponsibilitiesDecisions are made through standard operating procedures. Limits decision through instructions from superior.Follows established routine. Some analysis is being exercised. Decisions are made out of available guidelines or precedents.Assignments are received in the form of results expected, but there is freedom to decide on the procedures to follow.Assignments are in the form of broad goals. There is broad latitude for decision making. Complex decisions / analysis are being made. Innovations and flexibility is being exercised.15. Network of InteractionInternal:Financial Services finance team, , RBC HQ Finance Team, RBC Order Management Team, RBC Business Units / Regional Sites, Finance Teams in other World Areas (North America)---Business Unit Controllers, BU Finance Managers, BU Finance Directors.External:Suppliers / Vendors, Customers16. AP Supervisor (Applicable for Payments Only)a. Work Directly with Treasury, with Access to all Regal AP banking1. Perform high risk and critical tasks such as international wires, electronic payments,monitor returns, positive pay, and Supply Chain Trade Reporting.2. Responsible for all Foreign Currency wire translations and input into the system.b. Reconcile balances between suppliers or intercompany accounts by month-end.c. Report AP subledger and GRNI balances to Corp Accounting team and Segment Finance leaders monthly.d. Ensure all open invoices are received, posted, and paid by due date. Arrange working sessions with sites to resolve open issues timely. Make sure all invoices on month end aging are received, request any missing.e. Make sure I/C GRNI is reviewed and old receipts are reviewed with plant and cleared as needed.f. Eventually will assist with providing JE to Accounting to review and post. This will balance to AR statementg. Work with plant, buyers or sourcing teams to resolve invoice issues.h. Coordinate clean-up activities (GRNI, clearing, credit-netting, AP subledger)i. Responsible for Transactions mailbox, and Supplier Inquiry mailbox.j. Monthly IT Testingk. AP Import Management – Manage AP Imports, EDI, IR/ISO, Knockoff, Commissions, etcl. Overall responsibility for all AP Payments to Suppliers and intercompany.m. Other responsibilities as required by the Manager / US POCsTravel: NoneLanguage: EnglishAbout Regal RexnordRegal Rexnord Corporation (“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.

Regal Rexnord

Apply Now