Accounts Payable Specialist

3 weeks ago

Mumbai Maharashtra India, Maharashtra Servify Full time

KEY RESPONSIBILITIES:

Payable Management

  • Lead end-to-end Accounts Payable operations, including invoice booking, purchase orders, vendor reconciliation (stock, wallet, CN/DN, invoicing), and payment processing through banks.
  • Ensure accurate and timely processing of GST reconciliation and monthly TDS payments.
  • Manage vendor accounts, including reconciliations with partners for both receivable & payable.
  • Conduct periodic analysis of accounts (monthly/quarterly/annually) to ensure accuracy and completeness of provisions.
  • Drive automation, ERP utilization (Oracle/SAP), and process standardization.
  • Oversee working capital management, cash flow optimization, and risk controls.
  • Implement best practices in shared service/outsourcing governance.


Inventory Control

  • Assess the current inventory control framework and identify process gaps.
  • Standardize inventory control processes for better accessibility and transparency during monthly MIS and statutory audits.
  • Oversee preparation of receipts, consumption records, and accounting of inventory transactions.
  • Ensure accuracy of inventory balances and reporting for compliance and decision-making.


Audit & IFC

  • Coordinate with internal and external auditors to ensure smooth facilitation of statutory, tax, and internal audits.
  • Prepare monthly and annual closure of books of accounts, ensuring accuracy and timeliness.
  • Manage ERP period-end closure activities and reconciliations.
  • Support the creation of MIS reports and ensure timely submission to stakeholders.


Commerce & Business Support

  • Manage invoicing and creation of E-way bills for commerce and BOSE operations.
  • Prepare receivables and collection follow-up reports.
  • Support preparation of GST returns, expense tracking, and MIS reporting.
  • Collaborate with business teams to provide financial insights and support decision-making.


Leadership & Team Development

  • Lead and mentor a high-performing team, ensuring capability building and succession planning.
  • Define KPIs, monitor team performance, and ensure adherence to SLAs.
  • Foster a culture of continuous improvement, compliance, and operational excellence.

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