Role in brief
BP is seeking a senior Accounts Payable Finance Manager for Castrol to lead a team responsible for accurate and timely invoice processing and payments. This role focuses on operational excellence, compliance, and continuous improvement within Castrol's financial operations. Candidates with strong leadership skills and experience in managing financial processes and teams should apply.
About the role
This role involves leading a team within Castrol's financial operations, specifically focusing on accounts payable. The primary responsibility is to ensure that all third-party supplier invoices are recorded and paid accurately and on time, adhering to company policies and procedures. This includes overseeing invoice processing, payment delivery, and the reconciliation of relevant systems to maintain financial integrity.
A key aspect of this position is driving operational excellence and compliance. The manager will work to implement and maintain standards for expense processes, identify opportunities for continuous improvement, and ensure adherence to balance sheet integrity and reconciliation standards. This involves collaborating with internal control teams and supporting internal and external audits.
Beyond process management, the role emphasizes team leadership and development. The manager is expected to inspire, coach, and partner with team members, fostering an inclusive work environment. This includes providing regular feedback, monitoring performance, and resolving complex issues, all while upholding Castrol’s organizational values and goals.
The salary for this position ranges from $20,000 to $33,750 USD.
Who this role suits
- Someone who excels at leading and developing finance teams, fostering an inclusive and supportive environment.
- An individual with a meticulous approach to financial processes, ensuring accuracy and compliance.
- A person who proactively seeks out and implements continuous improvement opportunities in operational workflows.
- A leader who can effectively manage complex issues and stakeholder relationships, including third-party vendors.
From the employer
Key Accountabilities & Challenges
- Accountable for ensuring accurate and timely recording and payment of all third party supplier invoices while ensuring adherence to policies and procedures in the drive for exceptional service, operational excellence and compliance.
- Lead a team of Managers, Leads, Analysts and SMEs for the Invoice Processing and Payments.
- Invoice processing
- Be the Partner concern point for all of Invoice Processing
- Ensure accurate and timely delivery of payables services (i.e. invoice/ payment processing, report preparation, etc.)
- Coordinate the reconciliation of the relevant systems to ensure they balance and that any discrepancies or variations are investigated and corrected
- Implement compliance with the Balance Sheet Integrity/ Reconciliation standard; accurate and timely reporting to Internal Control on ledgers for which the team is responsible.
- Work with relevant Internal Control team to retain controls currently owned within the team and facilitate internal and external audit review
- Provide payables related advice and information as and when required
- Implement standards for the expense process and proactively identify, propose and implement continuous improvement opportunities in existing processes
- Regularly monitor the tracking and resolution of outstanding issues that have been intensified, or further bring up to the vital parties.
- Monitor open and overdue invoices and communicate and follow-up accordingly with the appropriate partners.
- Gather, collate and analyse data as and when necessary, in order to prepare and maintain various reports as and when needed.
- Review of documents and adjustments for monthly, quarterly, and year-end close
- Reconcile the relevant system and journals and ensure that reviewed and processed and paid on time
- Handle the processing of invoices dropout from BOT process/ other automated channels
- Support CI (continuous improvement) in AP operational processes, process simplification and compliance
- Responsible for the People development and creating an inclusive work environment and a psychologically safe space for team to thrive in
- Encourage speak up and inclusive culture
- Provide regular feedback and check-in with team members towards achievement of their Goals & Objectives
- Live the Code and Castrol’s organizational values and goals and ensure the team adheres as well,
PAYMENTS
- Accountable for service delivery that drives effective invoice processing, prompt payment to Castrol supplier and issue resolution on employee expenses
- Provide end to end proactive monitoring and management of transactional pipeline to ensure workload prioritization drives better user experience and on time payment to suppliers
- Support Squads to implement timely and ground-breaking improvements in existing processes delivering better value and experience.
- Inspire, coach, and partner with business partners and 3rd party vendors to deliver outcomes whilst ensuring an inclusive culture
- Resolve sophisticated issues that are intensified by the team and supervise and monitor their performance
- Ensure compliance to relevant policies that may di
Questions about this role
What is the seniority level for this position?
This is a senior-level position.
What are the core responsibilities of this role?
The core responsibilities include ensuring accurate and timely recording and payment of third-party supplier invoices, leading a team focused on invoice processing and payments, and driving operational excellence and compliance within accounts payable.
Is this a remote position?
Yes, this position is remote.
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