Job Description
Job Overview
We are seeking an experienced Accounts Payable Leader to oversee the end-to-end accounts payable process, ensuring seamless financial management and compliance. The ideal candidate will possess a strong analytical ability, leadership skills, and a deep understanding of financial controls.
Key Responsibilities:
• Manage & Supervise the full cycle of accounts payable including invoice receipt, verification, posting, and timely payments.
• Ensure accurate accounting and posting of vendor invoices in line with internal controls.
• Build strong vendor relationships and ensure timely resolution of payment discrepancies or disputes.
• Regularly reconcile vendor statements and monitor aging reports to prevent overdue accounts.
Financial Management
• Compliance & Controls: Ensure compliance with applicable tax regulations (e.g., GST, TDS) and company policies. Tracking of Input credit receipts on time.
• Support internal and external audits by providing necessary documentation and explanations.
• Ensure sufficient control on validating expenses booking with Budgets, Agreements or necessary approvals.
Process Improvement & Automation
• Drive efficiency through process improvements and AP automation initiatives (e.g., OCR, ERP enhancements).
• Monitor and streamline invoice processing timelines, approval workflows, and exception handling.
Month End Process
• Prepare monthly expenses booking details and make necessary provision entries for supporting accrual accounting and period closing.
• Track provisions for timely bill booking with responsible functions.
Team Management
• Supervise and mentor the AP team, allocate responsibilities, and conduct performance reviews.
• Ensure continuous training and development of team members.
Requirements
• Bachelor's or Master's degree in Commerce / Accounting / Finance.
• 6–7 years of progressive experience in Accounts Payable, preferably in a mid to large-sized organization.
• Solid understanding of Indian taxation (GST, TDS) and statutory compliance.
• Hands-on experience with ERP systems like SAP, Oracle, MS Dynamics, etc.
• Advanced Excel skills and familiarity with AP automation tools is a plus.
• Strong analytical, organizational, and communication skills.
We are seeking an experienced Accounts Payable Leader to oversee the end-to-end accounts payable process, ensuring seamless financial management and compliance. The ideal candidate will possess a strong analytical ability, leadership skills, and a deep understanding of financial controls.
Key Responsibilities:
• Manage & Supervise the full cycle of accounts payable including invoice receipt, verification, posting, and timely payments.
• Ensure accurate accounting and posting of vendor invoices in line with internal controls.
• Build strong vendor relationships and ensure timely resolution of payment discrepancies or disputes.
• Regularly reconcile vendor statements and monitor aging reports to prevent overdue accounts.
Financial Management
• Compliance & Controls: Ensure compliance with applicable tax regulations (e.g., GST, TDS) and company policies. Tracking of Input credit receipts on time.
• Support internal and external audits by providing necessary documentation and explanations.
• Ensure sufficient control on validating expenses booking with Budgets, Agreements or necessary approvals.
Process Improvement & Automation
• Drive efficiency through process improvements and AP automation initiatives (e.g., OCR, ERP enhancements).
• Monitor and streamline invoice processing timelines, approval workflows, and exception handling.
Month End Process
• Prepare monthly expenses booking details and make necessary provision entries for supporting accrual accounting and period closing.
• Track provisions for timely bill booking with responsible functions.
Team Management
• Supervise and mentor the AP team, allocate responsibilities, and conduct performance reviews.
• Ensure continuous training and development of team members.
Requirements
• Bachelor's or Master's degree in Commerce / Accounting / Finance.
• 6–7 years of progressive experience in Accounts Payable, preferably in a mid to large-sized organization.
• Solid understanding of Indian taxation (GST, TDS) and statutory compliance.
• Hands-on experience with ERP systems like SAP, Oracle, MS Dynamics, etc.
• Advanced Excel skills and familiarity with AP automation tools is a plus.
• Strong analytical, organizational, and communication skills.
💡 Quick Summary
Seeking a career-building opportunity? The Highly Experienced Accounts Payable Professional Wanted position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai 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 Accountant Jobs is a plus.
