Accounts Payable Manager

2 weeks ago

Mumbai, India Servify Full time

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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