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.
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What You'll Do:- Accounts Payable (A/P) Management:
- Oversee the end-to-end accounts payable process, including invoice processing, approval workflows, payment execution, and periodic A/P financial reporting.
- Ensure timely and accurate processing of vendor invoices, expense reports, and payment requests.
- Manage relationships with vendors and resolve any discrepancies or issues related to payments.
- Ensure compliance with organizational policies and procedures, as well as US GAAP standards.
- Implement and maintain internal controls to prevent fraud and ensure the integrity of financial data.
- Accounts Receivable (A/R) Management:
- Oversee the accounts receivable process, including invoicing, cash application, collections, and periodic A/R financial reporting.
- Monitor and analyze accounts receivable aging reports and take proactive steps to reduce outstanding balances.
- Develop and implement strategies to improve cash flow and reduce days receivable outstanding (DRO).
- Intercompany and Global Shared Services (GSS) Management:
- Work closely with Ashoka subsidiaries to ensure accurate and timely processing and recording of intercompany transactions, streamlining processes and improving efficiency.
- Reconcile intercompany accounts and resolve discrepancies in a timely manner.
- Ensure compliance with transfer pricing policies and procedures.
- Oversee GSS budgeting, forecasting, and financial management, ensuring cost-effectiveness and alignment with organizational goals.
- Manage GSS calculation and collection process, ensuring timely receipt of funds.
- Serve as the primary point of contact for GSS inquiries and issues, building strong relationships with Ashoka teams and leaders.
- Implement best practices in GSS financial management, leveraging technology and innovative solutions.
What You Bring:- Certified Public Accountant (CPA)
- Formal education in Accounting, Finance, or a related field.
- Minimum of 3 years of experience in A/R and A/P management, preferably in a non-profit or global organization.
- Strong knowledge of US GAAP and experience in managing intercompany transactions. Knowledge of non-profit accounting standards and regulations is preferred.
- Proficiency in accounting software and ERP systems; experience with NetSuite is a plus.
- Excellent analytical skills with attention to detail.
- Strong communication and interpersonal skills, with the ability to work effectively across cultures and time zones.
- Experience working in a global shared services environment.
- Ability to manage multiple priorities and desire to work in a fast-paced, entrepreneurial environment with smart, caring professionals who want to make a meaningful change in the world.
Core Criteria:- Entrepreneurial Quality: Compelled to take creative initiative and ownership (e.g. founding an organization or company, starting a movement, or re-shaping the work of an existing organization). Demonstrates relentless and realistic how-to-thinking and passion for seeing their ideas come to life.
- Understanding and Belief in the Everyone a Changemaker: Understands and believes the Everyone a Changemaker vision at a gut level. To be able to innately ‘get’ this, candidates should have a broad and inquisitive intellectual and a thinking pattern that connects the dots between historical trends and current social context.
- Emotional and Social Intelligence: Ability to work efficiently and respectfully in teams, putting organizational/team goal first (personal glory second).
- Ethical Fiber: Exceptionally strong ethical behavior. Is self-reflective and has strong empathy skills. Trustworthy.
- Self-Definition: The person expects that changing the world in big ways and on a continental scale is what he/she will do in life.
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About Ashoka:
Ashoka is the world’s largest community of leading social entrepreneurs, having pioneered the field of social entrepreneurship over 40 years ago. We support a robust network of more than 4,000 Ashoka Fellows in 90 countries who have successfully implemented systems-changing solutions to human and environmental problems globally. By learning from and collaborating with our Fellows and other social entrepreneurs, Ashoka identifies patterns and key levers to help society gain a new framework for living in the world as a changemaker.
Our current work is centered around the "Everyone a Changemaker" (EACH) movement, which stems from our belief that everyone has the potential and responsibility to make positive change in an ever-changing world. We continue to grow a global movement of social entrepreneurship, recognizing that the rate of change is accelerating and our problems are growing faster than our solutions.