DGM- Accounts Payable

2 days ago

Mumbai, Maharashtra, India Antal International Full time
Job Description

Leadership and Management:

· Lead and mentor the accounts payable and payroll teams, fostering a collaborative and high performance culture.

· Develop and implement departmental goals, objectives, and policies.

Accounts Payable Oversight:

· Manage the accounts payable process, ensuring accurate and timely payment of vendor invoices.

· Establish and adherence to TAT for each process step with maintaining Integrity and confidentiality in payments.

· Establish and maintain relationships with vendors and stakeholders to facilitate efficient payment processes.

· Oversee the reconciliation of accounts payable ledgers and resolve discrepancies.

· Administration of Inter-Company transaction and Balance reconciliation.

Payroll Administration:

· Direct and oversee the payroll function, ensuring accurate and timely payroll processing for all employees.

· Ensure compliance with central, state, and local payroll regulations and tax requirements.

· Implement and maintain payroll systems and software for efficiency and accuracy.

Financial Reporting:

· Prepare and analyse financial reports related to accounts payable and payroll activities.

· Monitor cash flow related to accounts payable and payroll expenditures.

· Timely managing monthly closing process consisting of prepaid, provisions, inter-company balances, GL to sub ledger balances etc.

Compliance and Controls:

· Ensure compliance with Company Delegation of financial powers, accounting principles, company policies, and applicable laws.

· Implement internal controls to mitigate risks and enhance the integrity of financial processes.

· Completion of Audits in efficient and timely manner.

Process Improvement:

· Identify opportunities for process improvements within accounts payable and payroll functions.

· Lead initiatives to automate and streamline processes to increase efficiency.

Collaboration:

· Work closely with other Finance verticals, HR, and other departments to ensure alignment on financial and operational objectives.

· Participate in cross-functional projects that impact accounts payable and payroll.

Necessary Skills:

· CA/ICWA/PGDBM.

· 10 years of experience in accounts payable and payroll management, preferably in capital market/financial service industry.

· Strong knowledge of accounting principles, payroll regulations, and financial reporting.

· Proficiency in ERP and payroll systems

· Experience of implementing new age tools will be a plus

· Excellent leadership, communication, and interpersonal skills.

· Strong analytical and problem-solving abilities

· Detail-oriented with a commitment to accuracy and compliance.

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