Manager - Accounts Payable [High Salary]

Manager - Accounts Payable Location: Bangalore About the Team The Finance Controllership team at Navi is responsible for overseeing and managing the company's financial activities, ensuring the accuracy of financial reporting and compliance with regulatory standards. The team manages day-to-day accounting operations, monitors financial health, and drives initiatives to enhance financial performance and transparency. About the Role As Manager – Accounts Payable, you will lead the end-to-end AP function, driving process efficiency, automation, and strong governance. This includes overseeing invoice validation, vendor payments, reconciliations, and compliance with accuracy and timeliness. You will be responsible for streamlining processes, implementing automation initiatives, and strengthening SOP adherence to enhance the procure-to-pay (P2P) cycle. The role involves leading and mentoring the AP team, managing internal and external vendor escalations, supporting month-end closures and audits, and collaborating cross-functionally to deliver continuous improvements in operational excellence. Key Responsibilities - Manage timely vendor payments in line with agreed terms and company policy. - Drive process standardization, automation, and continuous improvement across AP operations. - Handle vendor and internal stakeholder escalations with ownership and timely resolution. - Oversee month-end and year-end closure ensuring complete and accurate accounting of liabilities. - Manage audit requirements and respond to internal and external audit queries effectively. - Lead, guide, and motivate the AP team to achieve operational targets and maintain high performance standards. - Collaborate with Procurement, Treasury, and Tax teams to ensure smooth end-to-end P2P operations. - Track and report AP KPIs, driving initiatives to improve efficiency, accuracy, and control. - Conduct vendor reconciliations and resolve discrepancies to maintain ledger accuracy. Must Haves - MBA/Bachelor's degree in Accounting, Finance, or a related field. - 8+ years of experience in Accounts Payable operations, including team management. - Strong knowledge of accounting principles, GST, and TDS compliance. - Hands-on experience with ERP systems (preferably Oracle Fusion). - Proven experience in automation and process improvement within the AP function. - Excellent analytical skills with high attention to detail and accuracy. - Strong stakeholder management and communication skills. - Ability to handle high transaction volumes and meet tight deadlines. - Process-driven mindset with focus on efficiency, accuracy, and control. - Strong problem-solving, decision-making, and leadership abilities. About Navi We are on a mission to make finance simple, accessible and affordable for a billion Indians. Guided by a strong customer-first approach, we are building tech-first solutions that work at scale. Our offerings include a range of financial products and services across Loans, Insurance, Mutual Funds, Digital Gold and UPI. Founded by Sachin Bansal & Ankit Agarwal in 2018, we are one of India's fastest-growing financial services organisations. But we're just getting started Our Culture At Navi, we're a place where ambition meets opportunity and ideas turn into impact quickly. We empower people with high ownership from the start, encouraging them to solve meaningful problems and build with excellence. Teams here work in an environment that values speed, collaboration and craftsmanship, while celebrating learning, growth and shared wins along the way. Whether you're shaping the future of fintech products or driving innovation behind the scenes, life at Navi means being part of a high-energy, talent-driven workplace where your contributions truly make a difference. We're guided by our own operating system - The Navi OS - a set of principles that shape how we work and win together. You can explore them at navi.com/our-values to see what drives us every day. If this feels like you, Navi is the place to grow, thrive and make a real impact.