Payable Manager

2 days ago

Faridabad, Haryana, India LOOM SOLAR PVT. LTD. Full time ₹ 5,00,000 - ₹ 12,00,000 per year

About Us
Loom Solar, founded in 2018 by visionary brothers Amol and Amod Anand, has rapidly emerged as one of
India's Fastest Growing D2C brands
. This Faridabad, Haryana based solar company specializes in the manufacturing of cutting-edge solar panels, inverters, and lithium batteries, catering to both residential and commercial needs.

Our journey began with a mission to revolutionize access to advanced solar technology across India, ensuring even the most remote areas benefit from sustainable energy solutions through our robust e-commerce platform. At Loom Solar, we are committed to driving the green energy transition and empowering every corner of India with reliable and innovative solar power solutions.

Job Description
Job Summary:
We are seeking a detail-oriented and experienced
Payables Manager
to oversee our accounts payable function. The ideal candidate will ensure timely, accurate processing of all payments, maintain strong vendor relationships, and implement best practices for managing cash flow, compliance, and reporting.

Key Responsibilities

  • Manage end-to-end accounts payable process including invoice processing, vendor payments, and reconciliation.
  • Ensure timely and accurate payments to vendors and service providers while optimizing cash flow.
  • Review and approve payment runs in accordance with internal controls and authorization limits.
  • Maintain accurate records of all payable transactions and support monthly and annual financial close activities.
  • Coordinate with procurement, operations, and finance teams to resolve invoice discrepancies or disputes.
  • Oversee TDS, GST, and other statutory compliance related to vendor payments.
  • Develop and maintain strong relationships with key vendors to ensure smooth operations and resolution of issues.
  • Monitor aging reports and proactively address outstanding payables.
  • Implement automation and process improvements to streamline the payable cycle.
  • Lead, train, and supervise junior finance team members involved in accounts payable.

Requirements
Key Requirements:

  • Bachelor's degree in Accounting, Finance, or a related field (CA Inter/ MBA Finance preferred).
  • Minimum 5+ years of experience in accounts payable or similar finance role.
  • Strong understanding of Indian taxation (GST, TDS) and compliance.
  • Proficiency in accounting software (Tally ERP, Zoho, SAP, or similar).
  • Excellent analytical, communication, and problem-solving skills.
  • High attention to detail and ability to manage multiple priorities in a fast-paced environment

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