AP Financial Manager

23 hours ago


Bengaluru, Karnataka, India beBeeAccountability Full time ₹ 1,04,000 - ₹ 1,30,878
AP Manager Job Description

As a highly skilled Accounting Professional, you will play a crucial role in managing the company's Accounts Payable (AP) operations.

Key Responsibilities:
  • Team Leadership & Management: Direct, coach, and develop the AP team to ensure seamless day-to-day operations and high service standards.
  • Accounts Payable Operations: Oversee timely, accurate processing of invoices, payments, and employee reimbursements, ensuring reconciliation of travel-related advances and expense bookings.
  • Banking Relationship Management: Maintain and strengthen relationships with banking partners and negotiate banking terms, fees, and credit facilities to optimize cost and flexibility.
  • Cash & Liquidity Management: Monitor daily cash positions across all bank accounts, forecast short and long-term cash flows to ensure sufficient liquidity, and coordinate with Finance Manager on placement and redemption of fixed deposits.
  • Internal Controls & Compliance: Design and implement controls to prevent fraud and ensure accuracy, oversee treasury transactions, and review/authorize electronic payments, bank reconciliations, and journal entries.
  • Compliance Adherence: Ensure compliance with Income Tax (TDS), MSMED Act, Companies Act, and internal policies.
  • Vendor Management: Manage vendor relationships and communications, review ageing reports, and ensure timely vendor payments, negotiating payment terms and resolving disputes efficiently.
  • Reporting & Analysis: Generate, analyze, and present AP reports, provide provision inputs for period-end expense accruals, delivering insights on cash flow, working capital, and liabilities to senior finance leadership.
Required Skills & Qualifications:
  • Master's Degree: In accounting, finance, or a related discipline (CA/CMA is a strong advantage).
  • Leadership Experience: Proven success leading AP & Treasury teams and driving process improvements.
  • Technical Expertise: Deep understanding of AP processes, ERP/ZOHO systems, and financial controls.
Leadership & Interpersonal Competencies:
  • Leadership Abilities: Demonstrated leadership and people management abilities with at least 5 years of experience in a similar role.
  • Analytical Skills: High attention to detail with strong analytical and problem-solving skills.
  • Communication Capabilities: Excellent interpersonal and communication capabilities.
Success Metrics:
  • Invoice to Payment Cycle Time: Timely and accurate processing of invoices and payments.
  • Cash Flow Forecasting: Timeliness of cash flow forecasts and liquidity ratios.
  • Audit Findings: Low audit findings and high compliance adherence.

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