About Target Target is an iconic brand, a Fortune 50 company & one of Americas leading retailers. Expect the Best. At Target, we have a vision: to become the best - the best culture and brand, the best place for growth and the company with the best reputation. We offer an inclusive, collaborative and energetic work environment that rewards those who perform. We deliver engaging, innovative and on-trend experiences for our team members and our guests. We invest in our team members futures by developing leaders and providing a breadth of opportunities for professional development. It takes the best to become the best, and we are committed to building a team that does the right thing for our guests, shareholders, team members and communities. Minneapolis-based Target Corporation serves guests at stores nationwide and at Target.com. Target is committed to providing a fun and convenient shopping experience with access to unique and highly differentiated products at affordable prices. Since 1946, the corporation has given 5 percent of its income through community grants and programs like Take Charge of Education\xc2\xae. PRIMARY FUNCTION
Provide Managerial, Strategic and operational leadership to the Merchandise Payables team with responsibility for up to 10 to 12 TMs across levels who are managing accurate and timely payments to vendors.
Identifies payment & operational improvements and implements changes.
Maintains strong partnerships with other Accounts Payable teams, Transportation teams and vendors
Responsible for designing and implementing operational strategies, Management reporting structure that drives timely payment reconciliation.
Ensures compliance on internal & external control/governance, Build connection across upstream teams to delivers on key business objectives and drive cross functional projects with deliver efficiency
Drive team engagement, Team Member development in a fast-paced environment and create a culture that delivers a great experience for Team members and guests with every interaction.
PRINCIPAL DUTIES AND RESPONSIBILITIES
Review on daily workload management, Assigning goals & responsibility to the team member, Adherence to SLA & TAT, Compliance to internal/external control,
Plan, forecast and execute weekly/monthly deadlines to ensure relevant reports are published with audit findings
Continuously evaluate financial risks and develop comprehensive risk based audit plan for existing processes and new transitions
Strategize, define, and implement team processes, policies, procedures and best practices
First point of contact for internal teams such as AP Helpdesk, MPLS partners, GL Reconciliation & Finance technology teams on issues that has an impact on timely and accurate domestic merchandise vendor payment
Proactively communicate financial risk findings to leaders, partners and team members
Create training roadmap to ensure team training needs are met and all process gaps and controls are addressed in a timely manner
Support hiring needs by conducting interviews
Coach, Develop & counsel team and team members to facilitate individual development
Administers timely performance reviews, and ensures a high quality of team member performance and the other expectation as per the policies and procedures
Responsible to maintain a highly engaged team who can play a larger role towards the success of organization
Works on special projects as assigned.
REPORTING/WORKING RELATIONSHIPS Reports to: Sr Manager/Director Maintains on-going communication and working relationship with MPLS vendor facing teams, Merchandise vendors, Transportation team, Sourcing, Pricing & EDI teams, and all different functional areas within Accounts Payable. JOB REQUIREMENTS MINIMUM REQUIREMENTS
Bachelors/Masters Degree in Accounting.
Eight to nine years accounting/reconciliation experience with minimum two years of supervisory role
Hands on experience on any ERP & Data warehouse, such as SAP, Oracle, Mainframe etc.
Strong skills in the following areas: RPA, Data Analytics, Project Management, Six Sigma/Lean/Agile, Excellent in problem solving, Ability to challenge processes & process related decisions
DESIRED REQUIREMENTS
Accounts payable, Accounts Receivable, General Ledger Reconciliation background
2 to 4 years supervisory experience
Hands on experience in developing RPA, Data analytics and visualization
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