Agm - Accounts (Payable)

5 hours ago

Bengaluru, India HomeLane Full time

**Role description**
- This is a high impact visibility role at HomeLane. The AGM - AP will be a leader, reporting into the Finance Controller responsible for Procure to Pay cycle. This is an opportunity to be a part of the team which is building out great business in the online / offline furniture business.

**Responsibilities**
- As a Head of P2P, your responsibilities would be as follows:

- Scrutinize the expense and vendor ledgers to ensure expenses are accounted under proper GL/Cost & profit Centre with appropriate supporting and Narration
- Develop, implement and monitor appropriate P2P Controls such as - Vendor onboarding validations/ Vendor Master Maintenance/ Agreement checking/ Invoice Approvals etc.
- Identify areas for automation in the P2P process and evaluate and implement BOTs and RPAs.
- Period closure controls such as - purchase & expenses provisioning, Cross charges, Prepaid expense allocation, cost allocation from common cost Centre to departmental cost center, Control a/c reconciliation, report variance analysis of expenses - actual vs budget
- Define SOPs for invoice booking and other checks such as three way matching of PO/GRN and Invoice, resolving mismatches if any and validation of agreements & arrangements with various vendors.
- Vendor aging report, vendor balance reconciliation and ensuring payments are done as per the credit period arrangement with each vendor.
- Responsible for appropriate TDS/TCS deduction/collections as per the Income Tax Act and rules and filing of returns on time.
- Responsible for GST accounting, reconciliation with GSTR 2A and follow up with vendors to make sre that no input credit is missed.
- Handling escalations and communications with the cross functions and vendors

**Job Requirement**
- Chartered Accountant with 4+ Years post qualification experience preferably in MNC manufacturing/ Retail or MBA-Finance with 8 to 10 Yrs experience in Accounts Payable / P2P
- Prior SAP experience is Mandatory.
- Certification in GST is an added advantage
- Strong bias for action, customer centricity and deep-dive traits
- Spotless ethics & disciplinary record

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