Role Overview:
The Accounts Payable Lead is a key role within the UK & Nordics Operating Unit (OU), responsible for managing the Accounts Payable function and ensuring seamless integration with the Source to Pay (S2P) process. This role acts as a business partner to the OU, facilitating cross-departmental actions to achieve financial results. The Accounts Payable Lead will supervise the AP specialist team and drive continuous improvement initiatives aligned with organizational strategy. The role reports to the Chief Accountant.
On a typical day you will:
1. OU Business Partner & Process Owner: Serve as the business partner and process owner for S2P, ensuring effective departmental connections and achieving financial targets.
2. Key Contact for GBS/EMEA Operations: Act as the primary contact for Global Business Services (GBS)/EMEA S2P and OU operations, leading and supporting initiatives to meet expectations.
3. Team Supervision: Supervise the OU AP specialist team, providing leadership and development to ensure high performance and consistency.
4. Continuous Improvement: Foster a culture of continuous improvement within the OU, driving consistency in line with organizational strategy.
5. AP Activities Leadership: Lead and develop all AP-related activities within the OU, ensuring effective management and execution.
6. Escalation Management: Serve as the point of contact for escalations within the OU and GBS/GPO, investigating accounts payable issues as needed.
7. Performance Monitoring: Monitor on-time delivery (OTD) and quality standards to enhance customer experience and satisfaction.
8. Improvement & Automation Initiatives: Drive local continuous improvement and automation initiatives to streamline processes.
9. Compliance: Ensure adherence to local tax requirements and support change management efforts.
10. Business Partnership: Act as a business partner for operations within the OU, facilitating effective collaboration and communication.
11. Account Reconciliation: Ensure 100% account reconciliation completion to maintain accuracy and reliability.
What You Will Need to be Successful:
Qualifications:
* Bachelor’s degree in Accounting, Finance, or a related field.
* Proven experience in accounts payable or a similar finance role, with team management experience.
* Strong understanding of accounting principles and S2P processes.
* Excellent communication and interpersonal skills, with the ability to build relationships and collaborate across departments.
* Proficiency in accounting software and Microsoft Office Suite, especially Excel.
* Detail-oriented with strong analytical and problem-solving skills.
* Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Preferred Qualifications:
* Experience within an Operating Unit or similar business structure.
* Knowledge of ERP systems and CIS.
* Certification in Accounts Payable or related field.
Benefits and Company Overview:
We offer a competitive salary with a bonus target of 10% of annual base pay. Otis is a global leader in elevator and escalator manufacturing, installation, and service, serving iconic landmarks worldwide. Join our diverse team of 69,000 professionals committed to innovation, safety, ethics, and quality. We provide training, leadership development, and opportunities for growth, including our Employee Scholar Program. Otis values its people and strives to create a supportive, inclusive environment. To learn more about our ESG initiatives, click here.
Equal Opportunity Statement:
Otis is an Equal Opportunity Employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, age, or other protected classes. To request accommodations, contact us at careers@otis.com.
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