Account Payable Manager

1 week ago

Delhi Gurugram NCR, India OYO Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Role & responsibilities

Accounts Payable Management

  • Oversee the end-to-end AP process including invoice verification, booking, approvals, and timely disbursement.
  • Ensure accurate and compliant processing of invoices in line with company policies, tax laws, and accounting standards.
  • Monitor the AP aging and ensure timely closure of outstanding vendor dues.
  • Reconcile vendor accounts and resolve discrepancies through proactive communication.
  • Manage TDS, GST input credit, and vendor tax compliance as per statutory requirements.

Vendor Management

  • Develop and maintain strong relationships with key vendors and stakeholders.
  • Implement a structured vendor onboarding, documentation, and payment policy.
  • Review and approve vendor master data changes in the finance system ensuring data integrity.
  • Coordinate with Procurement and Business Teams to optimize payment cycles and improve vendor satisfaction.
  • Drive automation and digitalization initiatives in vendor and payment processes.

Controls & Compliance

  • Ensure adherence to internal control frameworks and audit requirements.
  • Support statutory, internal, and group audits with timely and accurate data.
  • Review existing processes and recommend improvements to enhance efficiency and compliance.
  • Monitor adherence to OYOs Delegation of Authority (DoA) and financial approval matrix.

Reporting & Analysis

  • Prepare monthly AP and vendor-related MIS reports, highlighting key metrics, variances, and risks.
  • Provide insights on payment trends, cash flow forecasts, and working capital management.
  • Collaborate with the FP&A and Treasury teams to optimize cash utilization.

Key Skills & Competencies:

  • Strong understanding of Accounts Payable processes and vendor lifecycle management.
  • Excellent analytical, reconciliation, and problem-solving skills.
  • Sound knowledge of ERP systems (SAP / Oracle / NetSuite preferred).
  • Proficient in Excel and financial reporting tools.
  • Strong interpersonal and stakeholder management skills.
  • Attention to detail, accuracy, and process discipline.

Preferred candidate profile

Qualification & Experience:

  • Chartered Accountant (CA) / MBA (Finance) preferred.
  • 58 years of relevant experience in Accounts Payable, Vendor Management, or Corporate Finance.
  • Experience in the hospitality or shared economy sector will be an added advantage

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