Accounts Payable/Accounts Receivable Manager

3 days ago


Mumbai, India Valkyrie People Consulting Full time

Job Description: Accounts Payable/Accounts Receivable Manager - Automotive Company, Mumbai Position: Accounts Payable/Accounts Receivable Manager Location: Mumbai, India Department: Finance Reports To: Finance Director Job 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: 1. 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. 1. 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. 1. 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. 1. 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. 1. 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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