Finance Team Manager – Accounts Payables & Receivables

Role Overview

We have an exciting opportunity for someone to join us as a Finance Team Manager (AP/AR) in Finance & Accounting Team to work in a truly global environment to overall purpose of the role is to manage accounts payables & receivables function by leading and managing the team, ensuring timely and accurate processing of payments and invoices, resolving discrepancies, and improving processes to optimize cash flow and maintain positive vendor and customer relationships, person will be reporting to Head of Finance Operations. The role provides long term development potential for someone eager to demonstrate their skills and experience in the fast-paced soft commodities environment.

Volcafe Ltd is one of the worlds leading international green coffee trading companies, operating in over 20 countries globally. Our expertise spans green coffee procurement and preparation, sustainability, blending, quality control, risk management and export as well as importing and distribution. We supply the worlds major coffee roasters and retail distributors with their green coffee requirements, with significant strategic growth ambitions for the future. We are part of ED&F Man Commodities , a world leading trader of agricultural products including coffee, sugar, molasses and animal feed.

Volcafe works across the whole green coffee supply chain to make coffee business better, together with our partners and employees. We have built and operate sustainable coffee supply chains across all our origins, addressing key economic, social and environmental issues in coffee farming communities. Our Volcafe Way farmer support programme engages with thousands of coffee farmers and provides a holistic response to the challenges they face.

This role will be based in Volcafe office in Bangalore, India

Key Accountabilities:

Supervision and Training:

Oversee the team's daily activities, providing guidance, training, and support to ensure efficient operations and adherence to company policies and procedures.

Delegation and Task Assignment: Effectively delegate tasks based on team members' strengths and experience, ensuring workload is balanced and responsibilities are clearly defined.

Motivating and Engaging the Team: Foster a positive and collaborative work environment to enhance team morale and engagement.

Accounts Payable (AP) Responsibilities:

Payment Processing: Ensure timely and accurate processing of vendor invoices and payments, adhering to payment terms and company policies.

Discrepancy Resolution: Investigate and resolve payment discrepancies, such as incorrect invoices, missing documentation, or late payments.

Vendor Relationship Management: Maintain positive relationships with vendors by addressing their concerns and ensuring timely payments.

Cash Flow Management: Monitor cash flow and identify opportunities to optimize payments.

Accounts Receivable (AR) Responsibilities:

Payment Collection: Monitor outstanding invoices, follow up on overdue payments, and implement collection strategies to improve cash flow.

Customer Relationship Management: Maintain positive relationships with customers by addressing their inquiries and resolving payment issues.

Credit Management: Manage customer credit limits and terms, ensuring responsible credit extension.

Aging Analysis: Regularly analyze accounts receivable aging reports to identify potential problems and take corrective action.

Further Responsibilities:

Process Improvement: Continuously evaluate and improve AP and AR processes to enhance efficiency and accuracy.

Data Accuracy: Ensure the accuracy and integrity of financial records and data.

Compliance: Adhere to all relevant accounting standards and regulations.

Reporting: Prepare and present reports on AP and AR performance, including key metrics and trends.

Problem Solving: Identify and resolve problems related to AP and AR processes, ensuring smooth operations.

Skills and Experience:

• Masters degree in accounting, Finance, or a related field from a well-recognized institute.
• 9-14 years of experience in accounts payables & receivables, reconciliation, and credit risk management preferably from a commodity trading or related industries such as FMCG, Retail etc.
• Proven leadership and team management skills.
• Strong analytical and problem-solving abilities.
• Proficiency in Microsoft Office and accounting software.
• Experience with low/no code applications is an advantage.
• Participation in continuous improvement projects within shared services is highly desirable.
• In-depth understanding of the impact of collections processes on downstream and upstream processes.
• Excellent written and oral communication skills.
• Prior experience in process migrations or transitions working in a shared services environment will be an added advantage.
• Work experience in Asian or European market will be preferred.

We recognise that talent comes in many forms, and we value potential just as much as experience. If this role excites you but you dont meet every requirement, we still encourage you to apply.

Our Offer

We provide a fast-paced, stimulating and truly global environment, which will stretch your abilities and channel your talents. We also offer competitive salary and benefits combined with outstanding career development opportunities in one of the global leaders in soft commodity trading.

Our Values

Respect, Integrity, Meritocracy, Client Focus, Entrepreneurship

Volcafe shares the values of our parent company, ED&F Man Commodities. Our values define who we are. They are the fundamental beliefs that determine our actions and guide our behaviour. They influence the way we communicate and collaborate, and define the way we engage with our clients, partners, and communities.

Our Commitment

Volcafe shares the commitment of our parent company, ED&F Man Commodities. We are committed to creating and sustaining an inclusive and diverse work environment where all employees are treated with dignity and respect. We are committed to promoting equal opportunities in employment and are focussed on actively building and developing diverse teams. All qualified applicants will receive equal treatment without regard to race, colour, sex, gender, age, religion or belief, ethnic or national origin, marital or civil partner status, physical or mental disability, military or veteran status, sexual orientation, gender reassignment (identity, gender expression), genetic information or any characteristic protected by local law.

We are willing to make any reasonable adjustments throughout our recruitment process.

To apply you must have the right to work for the provided location.