Accounts Payable Manager

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998 is at the forefront of the high-frequency trading (HFT) market. We believe in using innovative technology to create new opportunities in the world of finance and high frequency platforms.
The role of Global Accounts Payable Manager is to provide oversight over the global accounts payable operations Tower Research Capital Group, including all subsidiaries. This person will play a key role in driving continuous improvement and standardization across the function from a process, people and technology perspective.

Responsibilities:

• Manage a team of Accounts Payable associates in local India office, including
• Coverage plan for vacations.
• Annual performance review.
• Responsible for execution, management and oversight of Tower’s global daily accounts payable processes, including
• Timely vendor invoice processing, including continuous follow up with late approval across Tower cost center owners
• Timely payments processing and monitoring, including ad hoc payments (when required) while 
• Maintaining statutory compliance requirements for the respective Tower geographies per global footprint (Americas, EMEA, India and APAC).
• Expected to handle complex issues and exceptions that arise in the accounts payable process. For example, escalations raised by internal stakeholders and vendors for urgent/ past due payments
• Identifying opportunities for process improvements and efficiency gains in the accounts payable function
• Responsible for preparing and presenting reports related to the accounts payable process:
• Ability to seamlessly manage Change in process/ people/ technology
• Responsible for performing month end activities like posting various accruals, preparing Balance Sheet Account Schedules, journal postings , etc

Requirements:

• Bachelor's degree in Accounting, Finance, or related field, with 
• Minimum 8-12 years of experience, of which 
• At least 5+ years' experience in an Accounts Payable role having manager experience
• MNC or Big 4 preferred
• Extensive experience with ERP software, preferably Oracle
• Global shared service experience, including coordination of AP, would be preferred
• Strong Presentation, MIS, Analytical Skills
• Demonstrated ability to run process improvement projects using AI/analytic tools
• Six Sigma experience is preferred

Benefits:

Tower continues to enhance the in-house trading system and strategies that have positioned the firm as a leader in the thriving field of quantitative trading. While Tower offers challenges and rewards rivaling those of any Wall Street firm, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

• Competitive salary and performance-based bonuses
• 5 weeks of paid vacation per year
• Breakfast, lunch, dinner, and snacks on a daily basis
• Cab facility within Gurgaon
• Health club allowances

Tower Research Capital is an equal opportunity employer.