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AP Function Manager

3 weeks ago

Solapur, Maharashtra, India beBeeAccounts Full time ₹ 80,00,000 - ₹ 1,20,00,000
Job Description:

The primary objective of this role is to oversee the Accounts Payable function, ensuring timely and accurate processing of domestic and import invoices.

  • Manage end-to-end accounts payable processes in compliance with internal policies and regulatory requirements.
  • Oversee vendor lifecycle management, including onboarding, payment terms negotiation, dispute resolution, and reconciliation.
  • Supervise fixed asset accounting processes, including capitalization, physical verification, tagging, depreciation, and asset retirement.
  • Ensure proper accounting and compliance for GST and TDS on vendor transactions, coordinating with tax and compliance teams as needed.
  • Monitor prepaid expenses and ensure systematic amortization and reporting.
  • Review and approve month-end and year-end provisions, ensuring accurate financial closure and reporting.
  • Perform aging analysis of accounts payable, manage working capital, and provide timely dashboards and MIS to management.
  • Lead and support audit processes (internal, statutory, and tax), ensuring timely submission of reconciliations, reports, and supporting documentation.
  • Drive process improvements and automation initiatives within the AP function to enhance efficiency, accuracy, and compliance.
  • Mentor and manage the AP team, fostering a culture of accountability, collaboration, and continuous learning.