About Us
Way.com — America’s dominant automotive super app, powering every mile for over 10 million customers—from auto insurance and parking to EV charging and more. Leveraging cutting-edge AI, machine learning, and advanced data analytics, we deliver innovative, personalized solutions that transform car ownership. Featured by Bloomberg and ranked 48th on Andreessen Horowitz’s Marketplace list of fastest-growing companies worldwide and recognized as the top Product in Insurance by UnitQ, we’re making car ownership easier, more affordable, and more rewarding.
About the Role
We are looking for a highly driven and process-oriented Accounts Payable Manager to lead and scale our AP function. This role will be responsible for managing high-value vendor payments, strengthening financial controls, driving automation, and building a world-class AP team.
You will play a critical role in ensuring accuracy, compliance, efficiency, and cash flow visibility across the organization while partnering closely with Procurement, Treasury, Audit, and Business teams.
1. AP Operations & Financial Control
l Own end-to-end Accounts Payable operations including invoice processing, vendor payments, reconciliations, and month-end close.
l Manage high-value and high-volume payables across multiple vendors, geographies, and business units.
l Ensure timely, accurate, and compliant payments aligned with company cash-flow strategy.
l Maintain strong internal controls to prevent duplicate, incorrect, or fraudulent payments.
l Ensure GST, TDS, withholding tax, and statutory compliance on all vendor payments.
2. Team Leadership & Performance
l Lead and mentor a team of ~5 AP professionals across invoice processing, vendor management, and reconciliations.
l Set clear performance metrics (TAT, accuracy, backlog, ageing, compliance).
l Build a high-ownership culture focused on quality, accountability, and continuous improvement.
l Ensure cross-training and operational continuity across the team.
3. Vendor & Stakeholder Management
l Act as the primary escalation point for key vendors and internal stakeholders.
l Resolve complex payment issues, disputes, and reconciliation gaps.
l Maintain strong relationships with Procurement, Legal, Treasury, and Business teams to ensure smooth procure-to-pay operations.
l Drive vendor communication standards, ageing clarity, and service-level expectations.
4. Process Excellence & Automation
l Identify inefficiencies, leakages, and manual dependencies in the AP process and drive automation initiatives.
l Lead implementation and improvement of AP systems, workflows, and invoice automation tools.
l Standardize approval flows, documentation, and audit trails.
l Reduce cycle time, improve straight-through processing, and enhance reporting visibility.
5. Reporting, Audit & Governance
l Own AP ageing, accruals, vendor balances, and month-end closure accuracy.
l Support internal and statutory audits with complete documentation and control compliance.
l Provide management with clear insights on payables, working capital, and risk areas.
l Ensure compliance with company policies, accounting standards, and regulatory frameworks.