Lead Accounts Payable Specialist

2 days ago

Belgaum, Karnataka, India beBeeAccounting Full time ₹ 10,00,000 - ₹ 15,00,000
Job Title: Assistant Manager Accounts Payable

We are seeking an experienced Accounts Payable Professional to lead our team and ensure the timely and accurate processing of invoices in compliance with internal policies and regulatory requirements.

About this Role:

This is a key leadership position that oversees end-to-end Accounts Payable processes, vendor lifecycle management, Fixed Asset accounting, GST and TDS compliance, and prepaid expense management. The ideal candidate will have a strong understanding of financial regulations, excellent communication skills, and the ability to work collaboratively with cross-functional teams.

Key Responsibilities:
  • Manage Accounts Payable Processes: Ensure timely and accurate processing of invoices, reconciliations, and payments in compliance with internal policies and regulatory requirements.
  • Vendor Lifecycle Management: Oversee vendor onboarding, payment terms negotiation, dispute resolution, and reconciliation.
  • Fixed Asset Accounting: Supervise capitalization, physical verification, tagging, depreciation, and asset retirement.
  • Compliance and Risk Management: Ensure proper accounting and compliance for GST and TDS on vendor transactions, coordinating with tax and compliance teams as needed.
  • Prepaid Expense Management: Monitor prepaid expenses and ensure systematic amortization and reporting.
  • Audit and Compliance: Review and approve month-end and year-end provisions, ensuring accurate financial closure and reporting.
  • Reporting and Analytics: Perform aging analysis of accounts payable, manage working capital, and provide timely dashboards and MIS to management.
  • Team Leadership: Lead and support audit processes (internal, statutory, and tax), ensuring timely submission of reconciliations, reports, and supporting documentation.

In this role, you will have the opportunity to drive process improvements and automation initiatives within the AP function to enhance efficiency, accuracy, and compliance.

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