Executive Accounts Payable
16 hours ago
Job description
About the Role:
We are looking for an experienced Accounts Payable Manager to oversee the end-to-end accounts payable function. The ideal candidate will be responsible for ensuring timely vendor payments, accuracy in invoice processing, adherence to company policies, and continuous improvement in payable processes. This role requires strong leadership, analytical ability, and working knowledge of ERP systems (preferably SAP).
Key Responsibilities:
- Manage and supervise the Accounts Payable team to ensure timely and accurate invoice processing and vendor payments.
- Review and approve invoices, vendor reconciliations, and payment runs.
- Implement and maintain internal controls and compliance with company policies and statutory requirements.
- Handle vendor relationships and resolve escalations effectively.
- Coordinate with Procurement, Treasury, and other departments for smooth workflow and approvals.
- Oversee month-end closing activities related to accounts payable and prepare necessary reports.
- Monitor key KPIs such as DPO (Days Payable Outstanding), aging analysis, and payment accuracy.
- Ensure GST, TDS, and other tax compliance related to vendor payments.
- Support internal and statutory audits by providing accurate documentation and reports.
- Identify and implement process improvements to increase efficiency and automation.
Qualifications & Skills:
- Bachelor's or Master's degree in Accounting, Finance, or Commerce (CA Inter / MBA Finance preferred).
- 7–12 years of experience in Accounts Payable, including 2–3 years in a managerial or team-lead role.
- Strong knowledge of accounting principles, GST/TDS regulations, and payment processes.
- Hands-on experience with ERP systems (SAP / Oracle / Tally ERP).
- Excellent analytical, communication, and leadership skills.
- High attention to detail and ability to work under tight deadlines.
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