Accounts Payable/Accounts Receivable Manager

22 hours ago


Mumbai, India Valkyrie People Consulting Full time

Job Description: Accounts Payable/Accounts Receivable Manager - Automotive Company, MumbaiPosition: Accounts Payable/Accounts Receivable ManagerLocation: Mumbai, IndiaDepartment: FinanceReports To: Finance DirectorJob Summary:We are seeking an experienced and detail-oriented Accounts Payable/Accounts Receivable (AP/AR) Manager to join our dynamic automotive company in Mumbai. The AP/AR Manager will oversee the entire accounts payable and receivable functions, ensuring accurate and timely financial processing, reporting, and compliance with company policies and regulations.Key Responsibilities:- Accounts Payable Management:- Oversee the entire accounts payable process, including invoice processing, payment approvals, and vendor management.- Ensure timely and accurate processing of invoices and payments to vendors.- Review and reconcile vendor statements, resolving any discrepancies.- Manage the month-end and year-end closing processes for accounts payable.- Develop and implement AP policies and procedures to improve efficiency and control.- Accounts Receivable Management:- Oversee the entire accounts receivable process, including invoicing, collections, and customer account management.- Ensure timely and accurate processing of customer invoices and payments.- Monitor and manage aging accounts receivable to ensure timely collections.- Resolve customer billing issues and disputes promptly.- Develop and implement AR policies and procedures to improve efficiency and control.- Team Management:- Lead and mentor the AP/AR team, providing guidance and support to ensure high performance.- Conduct regular performance reviews and provide feedback for continuous improvement.- Foster a collaborative and positive work environment within the team.- Financial Reporting and Compliance:- Prepare and analyze AP/AR reports for management review.- Ensure compliance with company policies, accounting standards, and regulatory requirements.- Assist in the preparation of financial statements and audits.- Maintain accurate and organized financial records and documentation.- Process Improvement:- Identify and implement process improvements to enhance the efficiency and effectiveness of the AP/AR functions.- Collaborate with other departments to streamline workflows and improve overall financial operations.Qualifications:- Bachelor's degree in Accounting, Finance, or a related field.- A minimum of 5-7 years of experience in accounts payable and accounts receivable management, preferably in the automotive industry.- Strong knowledge of accounting principles, practices, and regulations.- Proficiency in accounting software and Microsoft Office Suite (Excel, Word, PowerPoint).- Excellent analytical and problem-solving skills.- Strong organizational and time management skills with the ability to handle multiple tasks and meet deadlines.- Effective communication and interpersonal skills.- Demonstrated leadership and team management abilities.- Attention to detail and a high level of accuracy.Preferred Qualifications:- Experience with ERP systems (e.g., SAP, Oracle).- Professional certification (e.g., CPA, CMA) is a plus.- Knowledge of GST and other relevant tax regulations in India.



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