Management Local Head, Executive Director, Accounts Payable & Receivables

Executive Director | Source to Pay Operations

We're seeking someone to join our team as Head of Asia Source to Pay Operations to lead the region's end-to-end purchasing and payment operations, strengthen offshore delivery governance, and advance a resilient, controlled and innovative operating model.

In the Corporate Services division, we provide solutions that enable Morgan Stanley’s workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients. This is a P5 position within Accounts Payable & Receivables, which specializes in maintaining the Purchase Ledger function and ensuring the payment of all invoices and expense claims. Our responsibilities include ledger reconciliation, all invoice and expense claim queries, and accounts receivable.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management and Investment Management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses.

What you’ll do in the role:

• Lead Source to Pay Operations across Asia, with accountability for Procurement Operations, Accounts Payable and Payments supporting multiple countries, legal entities and business lines across the region.
• Provide governance oversight for the offshore delivery centers in Bengaluru and Manila, including service delivery, operational performance, workforce management, controls, issue escalation and alignment with the Firm’s risk and governance framework.
• Lead, develop and engage a geographically dispersed organization, building leadership capability, clear accountability, succession strength and a collaborative, high-performing culture across the region.
• Own the regional risk and control environment, ensuring operations comply with Firm policies and applicable regulatory requirements, and partnering with Finance, Tax, Legal, Compliance, Audit and other stakeholders to address emerging obligations and operational risks.
• Partner with Sourcing, Technology, business units and external service providers to simplify, automate and improve purchase order, invoice and payment processes, while advancing the global Source to Pay strategy and delivering consistent service quality.
• Establish and manage performance governance through service levels, key performance and risk indicators, senior leadership reviews, root-cause analysis and remediation plans, while maintaining current procedures, controls and supporting documentation.

What you’ll bring to the role:

• 10+ years of progressive experience in Source to Pay, Procure to Pay, Accounts Payable, Procurement Operations or a related operations discipline, including substantial regional leadership responsibility.
• Demonstrated experience overseeing outsourced or offshore delivery models, including service performance, governance, risk and controls, workforce planning and senior-level provider engagement.
• Strong understanding of end-to-end purchasing, invoice processing and payment operations, together with the accounting, tax, regulatory and control considerations relevant to Asia.
• Proven ability to lead complex, multi-country operations and transformation initiatives, manage competing priorities, and deliver through geographically dispersed teams and cross-functional partnerships.
• Strategic and innovative mindset, with experience identifying opportunities for process simplification, automation, data-driven management and improved stakeholder experience.
• Executive-level communication, influence and judgment, with the ability to build trusted relationships, facilitate decisions, manage critical issues and operate effectively with senior stakeholders and external partners.

Education

• Bachelor’s degree required; a degree in Accounting, Finance, Business, Operations or a related discipline is preferred.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.