Head Accounts Payable

💰 ₹28,800 - ₹46,080 (Est.) 📍 Chennai

Job Description

Position: Accounts Payable (AP) Head

Department: Finance & Accounts

Location: Chennai, India

Reports To: Finance Controller / Head of Finance

Experience Required: 15+ years (Head)

Education: CA / CMA / MBA (Finance) / M.Com or equivalent

(Work from Office – All 5 Days)

Job Purpose:

To lead and manage the Accounts Payable (AP) function, ensuring timely and accurate processing of vendor invoices, payments, and related reconciliations. Responsible for improving AP processes, internal controls, compliance, and supporting organizational financial goals.

Key Responsibilities:

1. AP Operations Management
• Lead end-to-end accounts payable processes – invoice receipt, verification, posting, and payments.
• Monitor TAT and accuracy for invoice processing and payments.
• Ensure payments are processed in line with vendor terms and cash flow targets.
• Oversee vendor onboarding, documentation, and master data management.

2. Team Leadership & Governance
• Manage, mentor, and develop the AP team.
• Ensure resource planning and workload balancing.
• Set KPIs and conduct regular performance reviews.

3. Controls & Compliance
• Ensure adherence to internal controls, company policies, and SOX / audit compliance (if applicable).
• Work closely with internal and external auditors to support audits and reviews.
• Manage GST / TDS compliance in accounts payable processes.

4. Process Improvement & Automation
• Identify and drive process improvements and automation initiatives (e.g., OCR, ERP workflows, RPA).
• Collaborate with IT and vendors for systems enhancements or implementations (SAP, Oracle, etc.).

5. Stakeholder Management
• Coordinate with procurement, treasury, tax, and business units for seamless payables processing.
• Address and resolve escalations from vendors or internal stakeholders.

6. Reporting & Analysis
• Generate and analyze AP aging reports, payment forecasts, and exception reports.
• Present monthly MIS and dashboards to senior finance leadership.

Interested candidates to share their resume at ramni@hirerightt.ca

💡 Quick Summary

Seeking a career-building opportunity? The Head Accounts Payable position is now open for candidates interested in the Human Resource (HR) Jobs sector. This role in Chennai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Human Resource (HR) Jobs is a plus.

Sponsored

Job Details

Company Name: Hire Rightt - Executive Search & HR Advisory

Frequently Asked Questions

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The expected salary for Head Accounts Payable in Chennai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Head Accounts Payable is an on-site position based in Chennai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Head Accounts Payable. Previous experience in Human Resource (HR) Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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