Accounts Payable – Team Lead

3 weeks ago


Pune, Maharashtra, India Alfa Laval Full time

JOB DESCRIPTIONBusiness Title Accounts Payable - Team LeadDivision Department FSS IndiaLocation PunePurpose of the JobTo lead and ensure proper recording of expenses through invoice booking and provisions Payment to domestic and foreign suppliers as per due date Direct Indirect Taxes and Duties as per company policy Key Working RelationshipsInternalAccounts Payable This position reports to Head - Accounts Payable and closely works with Accounts Payable team Indirect Tax To work closely with respect to GST accounting reports and requirements Purchase Stores The role shall work with these sections and should Communicate highlight and resolve the issues Corporate Finance To ensure monthly quarterly and annual closing activities Quarterly reporting and matching Group Supplier Balances D4P Local IT Communicate improvement requirements and also highlight and resolve the issues Other Departments To ensure communication with respect to domestic and foreign supplier invoices payments Domestic and A1 A2 provisions etc Compliance To ensure compliance related to 1 BoE ORM closure 2 MTT 3 With Holding Tax 4 GST - Reverse Charge Mechanism External Internal External Auditors To co-ordinate the requirements from internal and external Audits as an when planned Suppliers Interaction with suppliers related to Reconciliation Balance Confirmation WHT Certificates MSMED status etc AP Outsource Agency To manage guide AP outsourcing team Consultants Interaction with Bank Software Developers GST TDS etc Key Authorities Keeping checks on day to day basis on Accounts Payable Bill Booking and Payment transactions to ensure smooth functioning and supporting monthly closing Audits and ensure compliance related to supplier contracts GST TDS related matters KPI Roles and Responsibility End to End knowledge of managing invoice processing P2P Cycle Proper control over Supplier payments including A1 A2 payments by proper verification and timely accounting to correct GL and CC Guide support AP team on monthly quarterly reporting activities Understand and ensure compliance related to Merchanting Trade Transaction With Holding Tax GST - RCM BoE and ORM Closure etc Co-ordination with various departments for proper accounting of Accruals related to various expenses at financial period end Adherence to applicable controls with respect to Accounts Payable activities Assisting in various audits by way of providing sample documents reports reconciliations Co-ordination with various stakeholder i e Purchase Department Stores Local IT Bank and various department Ability to listen understand and respond appropriately Self-motivated individual who is proactive and take initiative Analytical and Problem-solving skills Team Building Skills Competencies Knowledge Skills Experience and Behaviours Required for the Job Qualifications Certifications M Com MBA CA Inter CWA Inter Accounting professional with 10 years of experience in Accounts Payable Sound knowledge of P2P Cycle TDS TCS and GST laws MSMED etc Knowledge of ERP Knowledge of Movex will be added advantage Computer literacy well versed with Excel MS Office and knowledge of ERP system Good communication skills both verbal and written are essential due to the degree of documentation and interaction various internal and external stakeholders Associate will need to be well organized able to coordinate prioritize handle multiple tasks and show initiative and desire to learn Alfa Laval



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