Bhanzu - Manager - Accounts Payable

3 weeks ago


Hyderabad, India Bhanzu Full time

Manager - Accounts Payable Us:


At Bhanzu, our mission is to make math engaging, sparking curiosity and confidence in young learners. Bhanzu has successfully raised a $16.5M Series B funding round, led by Epiq Capital, with support from Z3Partners.


We are changing the way math is learned and are blossoming into India's leading math education company, positively impacting students across 15+ countries. Through Bhanzu, we aim to eradicate Math Phobia across this globe, and enable our students to pursue careers in Stem Fields, Coding, Analytics, AI and much more by ensuring their core math fundamentals are strong.


Job Summary:

We are seeking a proactive and experienced Accounts Payable Manager with a strong background in managing the full accounts payable cycle, vendor reconciliations, and statutory compliance. The ideal candidate will have expertise in Indian taxation (TDS, GST), foreign payments, and intercompany accounting. This role requires a leader with a sharp eye for detail who can manage and mentor a small team while ensuring all financial operations are accurate and compliant.


Key Management & Reconciliation:

- Manage the entire accounts payable cycle from end to end.

- Oversee vendor reconciliations and analyze accounts payable aging reports.


Taxation & Compliance:

- Ensure timely deduction and deposit of TDS, and file all relevant returns (including Form 26Q and Form 24Q).

- Manage all GST filings, including GSTR-3B and ITC reconciliation.

- Handle 15CA/CB processes for foreign payments and coordinate with banks and consultants as needed.


Payments & Accounting:

- Collaborate with the HR team to manage payroll processing.

- Coordinate with the Tech and Trainer Operations teams to manage trainer payments.

- Maintain group company books, handling all intercompany settlements and reconciliations.


Audit & Reporting:

- Review AP schedules to prepare for audits.

- Support statutory filings and manage monthly closures.


Team Leadership:

- Lead and mentor a team of 4 to ensure the timely and accurate execution of all tasks.

- Foster a culture of accountability and compliance within the team.


Required Skills and Bachelors or Masters degree in Finance.

- Professional certification like CA, CMA, or an MBA is highly Minimum of 4+ years of relevant experience in accounts payable and compliance.

- Experience in a startup environment is a plus.


Technical Skills:

- Proficiency in MS Excel and accounting software, especially Tally.

- Strong understanding of Indian taxation, including TDS and GST, and remittance rules.


Personal Attributes:

- Exceptional attention to detail and strong organizational skills.

- Proven leadership and team management abilities.

(ref:iimjobs.com)

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