Accounts Payable Executive

Posted 2 Days Ago
Be an Early Applicant
Colombo, LKA
In-Office
Junior
Automotive • Retail
The Role
Manages daily accounts payable and treasury payment operations, including payment processing, intercompany reconciliations, payment returns, SAP postings, KPI reporting, audits, tax documentation, and stakeholder inquiries. The role also supports process improvements, finance-related IT issues, management presentations, and coordination across Procurement, Treasury, Tax, Logistics, and Shared Services.
Summary Generated by Built In
Accounts Payable Executive

- - - - - - - - - - - -

MISSION


As a key member of the Treasury Function, this position will take care of daily operational activities and act as a supporting resource for the manager Treasury. Actively engaged to ensure accomplishment of department objectives by managing daily deliverables and driving process excellence.

KEY EXPECTED ACHIEVEMENTS


  • Responsible for payments operation for MLK and other entities.
  • Process and coordinate MLK/ other entities weekly/Urgent payment requests within agreed timelines.
  • Handle monthly intercompany payment processing and reconciliation.
  • Monitor and follow up on payment returns and outstanding transactions.
  • Prepare and maintain the "Not Paid List" and ensure timely action on pending payments.
  • Handle inquiries from internal and external stakeholders regarding payments, banking transactions, and accounting matters.
  • Process new DA/DP/LC payment postings in SAP & Investigate and correct incorrect DA/DP/LC postings and related accounting entries.
  • Prepare monthly, quarterly, and ad hoc MLK / Other entities KPI reports & Update and maintain KPI dashboards and management reports.
  • Support continuous improvement initiatives by identifying process gaps and recommending efficiency enhancements.
  • Analyze performance indicators and provide insights for continuous improvement.
  • Prepare Legal Entity presentations and finance-related management presentations
  • Support internal and external audit requirements by providing necessary documentation and explanations.
  • Assist tax-related activities, tax documentation, and compliance requirements
  • Coordinate with cross-functional teams including Procurement, Treasury, Tax, Logistics, and Shared Services to resolve operational issues.
  • Provide support for finance-related IT system issues and process improvements.

CANDIDATE PROFILE


  • Bachelor's Degree specialized in Accounting, Finance, Business Management or equivalent.
  • Part qualification in CA (SL) /CIMA (UK)/ ACCA (UK) will be an added advantage.  
  • 2 – 3 years of relevant experience at least in one sub function in finance.
  • Ability to work in different Shifts (UK/USA) will be an added advantage.
  • Experience in ERP system, preferably in SAP (FI, MM) or any other ERP system.
  • Good Knowledge of Microsoft Office (Excel) and power point presentation.
  • Excellent level of verbal and written English communication skills;
  • Ability work in a fast -paced environment maintaining accuracy & attention to detail.
  • Highly motivated, goal driven and organized.

Michelin Lanka is an equal opportunity employer and is committed to a diverse and inclusive workplace. Non-discrimination is a non-negotiable cornerstone of Michelin's diversity and inclusion policy.

Skills Required

  • Bachelor’s degree in Accounting, Finance, Business Management, or equivalent
  • 2–3 years of relevant experience in at least one finance subfunction
  • Part qualification in CA (SL), CIMA (UK), or ACCA (UK)
  • Experience working with an ERP system, preferably SAP FI/MM
  • Knowledge of Microsoft Office, including Excel and PowerPoint
  • Excellent verbal and written English communication skills
  • Ability to work in UK or USA shifts
  • Ability to work in a fast-paced environment with accuracy and attention to detail
  • Highly motivated, goal-driven, and organized

Michelin Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Michelin and has not been reviewed or approved by Michelin.

  • Healthcare Strength — Healthcare access is described as broad, including medical, prescription, dental, mental/behavioral health support, and disability and life insurance coverage. Global baseline protections also emphasize healthcare coverage for employees and families.
  • Retirement Support — Retirement support is characterized as strong, with a 401(k) plus additional retirement components referenced alongside profit sharing in the overall package. Financial benefits are framed as a meaningful part of total rewards beyond base salary.
  • Parental & Family Support — Parental and family support is positioned as a notable strength through global minimum paid maternity/adoption and paternity/adoption leave, plus survivor benefits tied to salary and education support for children. Additional family-oriented benefits such as adoption assistance are also included in the package.

Michelin Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Clermont-Ferrand
111,200 Employees
Year Founded: 1889

What We Do

Michelin, the leading tire company, is dedicated to sustainably improving the mobility of goods and people by manufacturing and marketing tires and services for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment and trucks. It also offers digital mobility support services and publishes travel guides, hotel and restaurant guides, maps and road atlases. Headquartered in Clermont-Ferrand, France, Michelin is present in more than 170 countries, has 111,200 employees and operates 67 production plants in 17 different countries. Michelin has a Technology Center in charge of research and development, with operations in Europe, North America and Asia. In short, whether you look at our mission, our products or our people, Michelin is a company that truly helps you to move forward....

Similar Jobs

Hilton Logo Hilton

Assistant Manager - Recruitment

Events • Food • Travel • Hospitality • Hotels & Resorts
In-Office
Colombo, LKA
500000 Employees

Hilton Logo Hilton

Assistant Housekeeper

Events • Food • Travel • Hospitality • Hotels & Resorts
In-Office
Colombo, LKA
500000 Employees

Hilton Logo Hilton

Executive Sous Chef

Events • Food • Travel • Hospitality • Hotels & Resorts
In-Office or Remote
2 Locations
500000 Employees

Hilton Logo Hilton

Banquet Attendant

Software • Hospitality
In-Office
Colombo, LKA
121228 Employees

Similar Companies Hiring

Golden Pet Brands Thumbnail
Digital Media • eCommerce • Information Technology • Marketing Tech • Pet • Retail • Social Media
El Segundo, California
178 Employees
Ford Energy Thumbnail
Automotive • Software • Energy • Utilities • Manufacturing • Renewable Energy
Glendale, Kentucky
55 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
65 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account