Manager - Accounts Payable

1 week ago

Delhi, India Navi Full time

Manager - Accounts PayableLocation: BangaloreAbout the TeamThe Finance Controllership team at Navi is responsible for overseeing and managing the company’s financial activities, ensuring the accuracy of financial reporting and compliance with regulatory standards. The team manages day-to-day accounting operations, monitors financial health, and drives initiatives to enhance financial performance and transparency.About the RoleAsManager – Accounts Payable , you will lead theend-to-end AP function , driving process efficiency, automation, and strong governance. This includes overseeinginvoice validation, vendor payments, reconciliations, and compliancewith accuracy and timeliness. You will be responsible forstreamlining processes, implementing automation initiatives, and strengthening SOP adherenceto enhance the procure-to-pay (P2P) cycle. The role involvesleading and mentoring the AP team , managinginternal and external vendor escalations , supportingmonth-end closures and audits , and collaborating cross-functionally to deliver continuous improvements in operational excellence.Key ResponsibilitiesManage timely vendor payments in line with agreed terms and company policy.Drive process standardization, automation, and continuous improvement across AP operations.Handle vendor and internal stakeholder escalations with ownership and timely resolution.Oversee month-end and year-end closure ensuring complete and accurate accounting of liabilities.Manage audit requirements and respond to internal and external audit queries effectively.Lead, guide, and motivate the AP team to achieve operational targets and maintain high performance standards.Collaborate with Procurement, Treasury, and Tax teams to ensure smooth end-to-end P2P operations.Track and report AP KPIs, driving initiatives to improve efficiency, accuracy, and control.Conduct vendor reconciliations and resolve discrepancies to maintain ledger accuracy.Must HavesMBA/Bachelor’s degree in Accounting, Finance, or a related field.8+ years of experience in Accounts Payable operations, including team management.Strong knowledge of accounting principles, GST, and TDS compliance.Hands-on experience with ERP systems (preferably Oracle Fusion).Proven experience in automation and process improvement within the AP function.Excellent analytical skills with high attention to detail and accuracy.Strong stakeholder management and communication skills.Ability to handle high transaction volumes and meet tight deadlines.Process-driven mindset with focus on efficiency, accuracy, and control.Strong problem-solving, decision-making, and leadership abilities.About NaviWe are on a mission to make finance simple, accessible and affordable for a billion Indians. Guided by a strong customer-first approach, we are building tech-first solutions that work at scale. Our offerings include a range of financial products and services across Loans, Insurance, Mutual Funds, Digital Gold and

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