AP Business Process Owner - North America

Shape Your World

At Alcoa, you will become an essential part of our purpose: to turn raw potential into real progress.

The way we see it, every Alcoan is a work-shaper, team-shaper, idea-shaper, world-shaper.

As a leader within Alcoa, you can help us fulfill our purpose and realize our vision to reinvent the aluminum industry.

Be part of the team that is helping shape a better workplace with a better work-life balance and the equal opportunities that help everyone thrive.

You have the power to shape things to make them better.

About the role:

The position is responsible for providing accounts payable services to the North American businesses located within the USA & Canada.  The main functions of the team include month end closing activities, Alcoa Self-Assessment Testing (ASAT) reviews, maintaining procedures, managing divestitures and related activities, urgent payments, escalations, quarterly and annual controls.

The team will focus on ensuring continuous compliance with internal/external audit and SOX requirements within Accounts Payable function.

Below are additional key responsibilities:


* Lead the North American Accounts Payable (AP) department, overseeing day-to-day operations to ensure timely processing of invoices & payments.


* Manage a global accounts payable team, delivering support across multiple countries and time zones (USA, Canada, Hungary), while driving efficient and effective end-to-end processes.


* Provide leadership, training, and performance management for the AP team to foster a high-performing and motivated workplace.


* Develop and implement best practices, policies, and procedures, to optimize AP processes and improve efficiency.


* Ensure accurate accounts payable forecasting and reporting by analyzing financial data and payment schedules to support effective cash management.


* Manage regional compliance with financial regulations, leading internal & external audits, and ensure adherence to SOX requirements.


* Oversee month-end and year-end AP closing processes, ensuring proper reconciliation & reporting.


* Utilize AP automation tools and Oracle system to enhance operational effectiveness and reporting capabilities.


* Work closely with cross-functional departments, including Procurement, Finance, & Treasury to resolve vendor issues and ensure accuracy of financial data.


* Analyze key AP metrics and generate reports for senior management to drive strategic decision-making.


* Stay up to date with industry trends and North American regulatory changes affecting accounts payable operations.

What you can bring to this role:


* Bachelor's Degree or higher in Finance or Accounting obtained at a college or university.


* 4+ years of experience in finance or accounts payable.


* Proficiency in English language required.


* Professional knowledge of the AP module and integrated financial software packages (consulting level).


* Understanding of fin...