Director, Accounts Payable at Xometry

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, BiotechnologyIndustries

Requirements

Candidates must possess a Bachelor's degree in Accounting, Finance, or a related field, with a minimum of 10 years of experience in accounts payable operations, including process improvement and system implementation. A proven track record of 2-4 years in progressive leadership is required, along with proficiency in ERP systems and accounting software. Essential skills include the ability to identify and resolve complex AP issues, knowledge of SOX compliance and internal controls, strong analytical capabilities, and excellent communication skills. Candidates should also be able to work effectively under pressure in a collaborative, fast-paced environment.

Responsibilities

The Director of Accounts Payable will develop and execute a comprehensive AP strategy aligned with business goals, lead and develop the AP team, and identify and implement process improvements for efficiency and cost reduction. This role involves overseeing AP systems and technologies, establishing strong internal controls for SOX compliance, and building vendor relationships to ensure timely payments. Additionally, the Director will provide performance reports and analysis, collaborate with other departments to streamline processes, and work with internal audit teams to address findings and implement corrective actions.

Skills

Accounts Payable

Financial Processes

Invoice Processing

Vendor Payments

AP Best Practices

Leadership

Process Improvement

AP Systems

Internal Controls

SOX Compliance

Vendor Relations

Financial Reporting

Financial Analysis

Cross-functional Collaboration

Audit

Xometry

Online platform for custom manufacturing services

About Xometry

Xometry connects businesses with manufacturers for custom manufacturing and industrial supply services. Clients can upload design files to receive instant quotes for various production methods, including 3D printing, CNC machining, injection molding, and sheet metal fabrication. The platform utilizes a large network of manufacturing partners to ensure quick delivery of high-quality parts at competitive prices. Additionally, Xometry offers a range of industrial supplies, such as raw materials and tooling, with a program that allows clients to manage costs effectively. Unlike many competitors, Xometry has no minimum order requirements and provides fast shipping, making it suitable for businesses of all sizes. The goal of Xometry is to simplify the manufacturing process and provide accessible solutions for custom parts and supplies.

North Bethesda, MarylandHeadquarters

2013Year Founded

$202.4MTotal Funding

IPOCompany Stage

Industrial & Manufacturing, Consumer GoodsIndustries

501-1,000Employees

Benefits

Medical, dental, & vision insurance

Life insurance

401(k) with company matching

Equity

Generous PTO

Paid volunteer time

Commuter & parking benefits

Maternity & Paternity leave

Free snacks

Dog-friendly office spaces

Risks

Increased competition from digital B2B marketplaces could threaten Xometry's market share.

New executive appointments may lead to strategic shifts disrupting current operations.

Rapid AI and machine learning advancements may outpace Xometry's current capabilities.

Differentiation

Xometry offers instant pricing and lead time for tube cutting and bending.

The company provides a comprehensive platform for on-demand custom manufacturing services.

Xometry's Supplies Flex program helps clients manage costs and avoid price fluctuations.

Upsides

Sanjeev Singh Sahni's appointment could enhance operational efficiencies and global growth strategies.

Digital B2B marketplaces align with Xometry's model, potentially increasing its market share.

Investor confidence is strong, with new investments from Verition Fund Management and Nicholas Investment Partners.

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