ZF is a global technology company supplying advanced mobility products and systems for passenger cars, commercial vehicles and industrial technology. Its comprehensive product range is primarily aimed at vehicle manufacturers, mobility providers and start-up companies in the fields of transportation and mobility. ZF electrifies a wide range of vehicle types. With its products, the company contributes to reducing emissions, protecting the climate as well as enhancing safe mobility.
Alongside the automotive sector – passenger cars and commercial vehicles – ZF also serves market segments such as construction and agricultural machinery, wind power, marine propulsion, rail drives and test systems.
With some 168,700 employees worldwide, ZF reported sales of €46.6 billion in fiscal year 2023. The company operates 162 production locations in 31 countries.
Job Description
What you can look forward as Assistant General Manager- Accounts Payable Lead( CA/CMA):
Strategic & Functional Leadership
- Lead the end-to-end Accounts Payable operations for all business units serviced by the Shared Services center.
- Align AP operations with company goals and global finance strategy.
- Establish and monitor process KPIs and SLAs, ensuring delivery against agreed targets.
- Drive initiatives for cost efficiency, productivity, and service excellence.
Operational Management
- Ensure timely and accurate processing of invoices, Scanning & Validation, payments, credit memos, and employee reimbursements.
- Oversee the vendor master data management, PO/non-PO invoice handling, GR/IR clearing, and payment cycles.
- Ensure compliance with corporate policies, tax regulations (e.g., TDS, GST), SOX/internal controls, and audit requirements.
- Manage invoice holds, exceptions, and escalation queues efficiently.
Automation & Process Improvement
- Identify and implement opportunities for automation (RPA, OCR, AI) and process simplification.
- Champion the use of digital tools and dashboards for monitoring and decision-making.
- Collaborate with IT and transformation teams to drive ERP enhancements and system improvements.
People Leadership
- Lead, mentor, and develop a large team of AP professionals, including team leads, Sr. Executives and Executives.
- Foster a high-performance culture with strong ownership and continuous learning.
- Manage resource allocation, training, succession planning, and team engagement.
Stakeholder & Vendor Management
- Act as the primary point of contact for internal stakeholders (procurement, business units, finance controllers).
- Maintain strong relationships with external vendors, ensuring timely issue resolution and communication.
- Lead or participate in governance meetings with business stakeholders and global finance teams.
Risk & Compliance
- Ensure robust internal controls are in place and regularly reviewed.
- Prepare for and support internal and external audits, ensuring timely and accurate responses.
- Mitigate financial, reputational, and operational risks associated with payables processing.
Your profile as Assistant General Manager- Accounts Payable Lead( CA/CMA):
- Qualified Chartered Accountant (CA) or Cost Accountant (CMA)
- 15-18 years in finance, with over 10 years in leadership roles within Accounts Payable in Shared Services or GBS environments.
- In-depth knowledge of end-to-end Procure-to-Pay(P2P) processes, vendor management, and compliance.
- Hands-on experience with ERP systems, especially SAP (S/4HANA), and proficiency in data tools like Excel and Power BI. Strong capabilities in leading large teams, managing conflicts, and fostering high performance.
- Proven ability to manage internal and external stakeholders effectively while driving process excellence and automation.