Ashoka - Arlington, VA
posted 2 months ago
We are seeking an entrepreneurial and detail-oriented Accounts Payable & Accounts Receivable Manager to join our dynamic team at Ashoka. This position plays a critical role in managing the financial operations related to receivables and payables within our head office, as well as intercompany transactions with our 30+ subsidiaries globally. The ideal candidate will have a strong understanding of US GAAP, experience in intercompany transactions, and the ability to manage global shared services allocations and collections. In the Accounts Payable (A/P) Management aspect, the manager will oversee the end-to-end accounts payable process, including invoice processing, approval workflows, payment execution, and periodic A/P financial reporting. This includes ensuring timely and accurate processing of vendor invoices, expense reports, and payment requests, while managing relationships with vendors and resolving any discrepancies or issues related to payments. Compliance with organizational policies and procedures, as well as US GAAP standards, is essential. The manager will also implement and maintain internal controls to prevent fraud and ensure the integrity of financial data. For Accounts Receivable (A/R) Management, the manager will oversee the accounts receivable process, including invoicing, cash application, collections, and periodic A/R financial reporting. Monitoring and analyzing accounts receivable aging reports will be crucial, along with taking proactive steps to reduce outstanding balances. The manager will develop and implement strategies to improve cash flow and reduce days receivable outstanding (DRO). In terms of Intercompany and Global Shared Services (GSS) Management, the manager will work closely with Ashoka subsidiaries to ensure accurate and timely processing and recording of intercompany transactions, streamlining processes and improving efficiency. This includes reconciling intercompany accounts and resolving discrepancies in a timely manner, ensuring compliance with transfer pricing policies and procedures, and overseeing GSS budgeting, forecasting, and financial management. The manager will also serve as the primary point of contact for GSS inquiries and issues, building strong relationships with Ashoka teams and leaders, and implementing best practices in GSS financial management, leveraging technology and innovative solutions.