Manager - Accounts Payable
1 week ago
Location:
Mumbai
Job description summary:
Manage the accounts payable process from receipt of invoices to payment disbursement, ensuring accuracy and adherence to company policies and procedures.
Leasing month end closing activities including Accruals, prepaid, provision, adjustment entriesReview and approve vendor invoices, expense reports, and payment requests in accordance with established guidelines.
Coordinate with internal departments to obtain necessary approvals and resolve invoice discrepancies in a timely manner.Maintain vendor records, including accurate contact information, payment terms, and banking details.
Process weekly, monthly, and ad hoc payment runsReconcile vendor statements and resolve any outstanding balances or discrepancies.
Prepare accruals and month-end closing entries related to accounts payable transactions.
Monitor and analyze accounts payable aging reports to identify trends and potential issues, and take proactive measures to address them.
Implement process improvements to enhance efficiency, accuracy, and scalability of the accounts payable function.Stay up-to-date on relevant accounting standards, regulations, and best practices, and ensure compliance with all applicable laws and regulations.
Monitoring cash & bank balances and movement of funds, ensuring optimum utilization of fundsReview the process to bring effectiveness & efficiency via process improvements.
To handle regulatory, tax, compliance & audit requirement for the process assignedLead change management in re-designing business processMeet your team: You will work as a part of the Finance team.
Your way to impact: Be self-driven / quick starterHave an ownership mindsetAggressively drive and deliver results
What do you need to bring? CA / MBA finance with 5-8 years of work experienceMust have proficiency in SAPStrong understanding of accounting principles and practices, including GAAP.
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