Job Description
Accounts Payable & Receivables - Director - Human Capital Mgmt & Corp Svcs Profile Description We're seeking someone to join our team as an Accounts Payable Manager to oversee critical functions within our Accounts Payable department. The primary responsibilities of this role include managing the vendor setup and callback verification process, handling 1099 and 1042S filings with the IRS and conducting OFAC screening for vendors. The ideal candidate will have a strong background in Accounts Payable operations. Corporate & Enterprise Services In the Corporate & Enterprise Services division, we provide solutions that enable Morgan Stanleys workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients Accounts Payable & Receivables This is a Director position within Accounts Payable & Receivables, which specializes in maintaining the Purchase Ledger function and ensuring the payment of all invoices and expense claims. Our responsibilities include ledger reconciliation, all invoice and expense claim queries, and accounts receivable Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. At Morgan Stanley India, we support the Firms global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firms infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, theres ample opportunity to move across the businesses for those who show passion and grit in their work. Interested in joining a team thats eager to create, innovate and make an impact on the world? Read on What youll do in the role: Provide supervisory oversight of the outsourced supplier. Ensure that the outsourced supplier is complying with the agreed upon service levels and performance standards. Conduct Daily/Weekly/Monthly performance reviews of the Procure to Pay (P2P) process Review the Vendor Discount Program and various other ad hoc operational activities and projects. Maintaining and updating the risk profiles in the risk assessment systems and communicating changes of internal controls and policies to the outsourced provider. Monitor and manage the P2P operational reports and work with the business units and suppliers to resolve invoice and payment disputes or expedite payments. Responsible for maintaining and updating team process documentation & opportunities to enhance process efficiencies. Help with Indirect Tax compliance processes, preparing reports and supporting information required to support the Indirect Tax classification and journals. Monthly supervisory review to check authorized signatory requests are approved by the appropriate contacted and approval limits are updated within the system. Liaison with internal and external clients, communicate any process and regulatory changes that may impact the Accounts Payable functions. Governance Manager will have regular meetings/calls with key BU stakeholders. Govern the Vendor Setup and Call Back Verification process. o Assign workload to team members. o Assist the Business in raising tickets and deal with any escalating matters. o Monitor the aged items in APEX and discuss / address with ODC. Support and drive process changes, initiate system upgrades. Process changes can be initiated by the vendor but needs to be reviewed and signoff by Governance team.
