Accounts Payable Manager - Vice President
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. With 120,000 colleagues worldwide, we aim to make a difference for our clients, organizations, and communities. Our values focus on building long-term relationships, serving society, and fostering sustainable growth.
Our vision is to be the most trusted financial group globally. We prioritize people, encourage diverse ideas, and promote innovation, speed, and agility. We invest in talent, technology, and tools to empower your career growth.
Join MUFG, where inspiration is expected and meaningful impact is rewarded.
Overview of the Department/Section
The Accounts Payable Department reports to the Head of Procurement and plays a crucial role in ensuring timely payments to MUFG's suppliers. The Accounts Payable Manager oversees governance, manages SLAs and KPIs, provides management reports, and handles escalations. The role also ensures compliance with accounts payable, corporate card, and expense policies.
Main Purpose of the Role
Reporting to the Head of Procurement, the Accounts Payable Manager leads a team of onshore and offshore staff. Responsibilities include staff training, providing appropriate tools, managing payment processing, ensuring compliance, and risk management. The role involves optimizing system usage and guiding system enhancements to maintain modern processing and risk controls.
Key Responsibilities
* Manage risk and capacity through comprehensive Key Indicators
* Analyze data to identify process challenges and report to management
* Engage with senior stakeholders to promote best practices and compliance
* Evaluate and improve processes and systems for efficiency and cost-effectiveness
* Address audit requirements
* Oversee end-to-end AP processes, including supplier payments, invoice follow-ups, reconciliations, and failed payments
* Coordinate with Finance and Tax functions for alignment
* Manage team performance and ensure adherence to governance policies
* Train Accounts Payable staff, maintaining accurate training materials
* Ensure timely payments and escalate risks as needed
* Document and implement process improvements and system enhancements
* Maintain strong controls, identify risks, and implement improvements
Work Experience
* Experience managing onshore and offshore teams
* Desirable: familiarity with Oracle Fusion Cloud
* Experience in policy development, ownership, and reporting
* System ownership and governance experience
Skills and Experience
Functional / Technical Competencies:
* Effective communication across business and with suppliers
* Excellent verbal and written communication skills
* Maintain accounts payable records
* Stakeholder management, including reporting difficult messages
* Work prioritization and task allocation
* Flexibility, resilience, and adaptability
* Recognized as an operational expert in Accounts Payable
MUFG offers a hybrid working policy (3 days in the office) and considers flexible working requests. We are committed to diversity, inclusion, and equal opportunity employment, opposing discrimination in all forms.
Benefits include a competitive salary and a wide range of benefits.
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