OneAssist - Deputy Manager - Accounts Payable (8-10 yrs)

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
Deputy Manager - Accounts Payable

Position/Designation - Deputy Manager - Accounts Payable
Department/Function - Finance & Accounts

Location - Mumbai

Reporting To (Position) - AVP - Finance & Accounts

Job Summary:

Key objectives of the position:

  • Vendor Management
  • Cashflow Management
  • Processing Employee reimbursements
  • Handling taxation compliances
  • All customer refund Payments
  • Ensuring bank reconciliation and timely update of bank entries
  • Managing Insurance deposit payments
  • Assisting in audits
  • Managing entire transactions of a national repairer (receivables, payables & statutory compliances)

Vendor Management:

  • Ensure timely & accurate invoice booking, credit notes, debit notes in system.
  • Processing outgoing payments within timelines
  • Handing escalations from vendors / other teams within the organization
  • Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted

Cashflow Management:

  • Preparing daily cashflow with actual and projected payments
  • Forecasting the funds required for managing all payouts

Processing Employee Reimbursements (ER):

  • Approving Employee Reimbursement in Darwinbox in compliance with organizational policies
  • Identifying and reporting of any suspicious reimbursement requests raised by peers

Handling Taxation compliances:

  • Preparation of monthly reporting of TDS, GST and other statutory compliances
  • Ensuring timely and accurate payment of all statutory taxes
  • Assisting seniors for quarterly processing of TDS returns.

All customer refunds payments:

  • Ensuring timely payments of all customer refunds like BER, cancellation refunds, exceptional payments, etc

Bank Reconciliation:

  • Ensuring all bank entries for all banks are passed timely and accurately in accounting software
  • Monthly bank reconciliation by 1st of next month

Vendor Management:

  • Ensure timely & accurate invoice booking, credit notes, debit notes in system.
  • Processing outgoing payments within timelines
  • Handing escalations from vendors / other teams within the organization
  • Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted

Cashflow Management:

  • Preparing daily cashflow with actual and projected payments
  • Forecasting the funds required for managing all payouts

Processing Employee Reimbursements (ER):

  • Approving Employee Reimbursement in Darwinbox in compliance with organizational policies
  • Identifying and reporting of any suspicious reimbursement requests raised by peers

Handling Taxation compliance:

  • Preparation of monthly reporting of TDS, GST and other statutory compliances
  • Ensuring timely and accurate payment of all statutory taxes
  • Assisting seniors for quarterly processing of TDS returns.

All customer refunds payments:

  • Ensuring timely payments of all customer refunds like BER, cancellation refunds, exceptional payments, etc

Bank Reconciliation:

  • Ensuring all bank entries for all banks are passed timely and accurately in accounting software
  • Monthly bank reconciliation by 1st of next month

Managing insurance deposit payments:

  • Managing daily insurance deposit payments to all insurers to comply with 64VB compliances
  • Coordinating with different teams to ensure correct insurance deposit payments are processed
  • Reconciliation with all insurance companies for payments and endorsements
  • Ensure all GST credits are availed and accounted in the software

Assisting in Audits:

  • Assisting seniors for timely closure of all audits like internal audit, statutory audit, GST audit & Tax audit

Managing entire transactions of a national repairer:

  • Managing all 100% transactions of a national repairer (Receipts & Payments)
  • Coordinating with different teams for timely collection of details for receipts and payments
  • Assisting seniors in taxation compliances


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