Assistant Manager - Payable Processing & Control

Role Overview

Assistant Manager Payable Processing and Controlling will be responsible for overall Managing day to day vendor and other payables; vendors bill passing and bookings; employees expense claim passing and bookings; approval of vendor bills payments; vendor account reconciliation; of all entities of the Group, including its overseas subsidiaries.

The Group is in the process of implementing an ERP system. Assistant Manager Payable Processing and Controlling will play an active part in the project, specifically on key areas such as data migration, change management, user acceptance testing, go live, and hyper care of Procurement and Payable module. On an on-going basis, s/he will be responsible for ensuring that the systems capabilities are effectively leveraged to meet the Groups growing needs.

As a Assistant Manager Payable Processing and Controlling, you will be a member of the group's Leadership Team, contributing to setting the overall direction of the business and its day-to-day management.

Responsibilities -

Operational

- Vendor order creation

- Vendor bill passing and accounting.

- Staff expense claims passing and accounting.

- Vendor payment authorization

- Vendor account reconciliation

- TDS and input GST reconciliation of vendor account

- Year close, including statutory audit for Accounts Payable function.

- Internal controls including development and implementation of policies on Payable accounting / function.

- Exception handling including stakeholder complaints.

Functional

- Team management including resource planning, hiring, training, rotation, work allocation

- Continuous development and alignment and customization of process for growth

- Performance management of the team, including goal setting and performance reviews

- Developing departmental budget and implementing budgetary controls

- Refining departmental policies and procedures for organization growth and functional effectiveness

- Continual improvement within the function

Organizational

- Cross functional collaboration, including for change management, issue resolution, exception handling.

Role specific skillsets

Education:

- Chartered Accountant with 4 to 5 years of post qualification experience of working under ERP environment.

Vital

- Knowledge and application of accounting standards

- Cost center accounting and reporting

- Order to pay process management

- Recent exposure to ERP environment, on Microsoft ERP platforms.

- Managed a team of at least five people.

- Reporting experience to middle management for a listed company / large professional services organization, for at least 3 years

- Good communication and interpersonal skills

Essential

- Liaising with external stakeholders including auditors, customers, statutory authorities

- Design and implement accounting processes.

- Spoken and written English skills

Desirable

- Accounting and compliances of overseas subsidiaries

Winning Ways (Core Competencies):

- Service Orientation: Understands that the service provided supports the organization in fulfilling its mission. The associate knows both - the internal and external customers and their needs, and is committed to meeting the customers evolving, long-term needs

- Result Orientation -Directs personal energy and efforts towards meeting business objectives and achieving results. Develops action plans that are realistic and implements them to meet or exceed expectations. Shows clarity and a sense of urgency towards the end goal.

- Initiative - Is fully aware of and accepts accountability and responsibility towards his/her job. Identifies challenges and problems related to the job at hand and proactively takes appropriate steps to resolve them.

- Professionalism- Always displays professionalism while conducting the job at hand. Is ethical and displays integrity while dealing with others. Understands and displays a thorough knowledge of all functions. Knows and utilizes the relevant skills, methods, systems, and procedures to produce desired results.

- Cooperation -Fosters teamwork and displays joint ownership of business challenges. Helps the team to accomplish the functional work, while ensuring that his/her responsibilities are also fulfilled. Accepts direction in a positive manner and reaches out for support from team members as the situation warrants.

- Communication/Feedback- Proactively communicates with others and provides feedback, thereby enhancing overall performance. Communicates and keeps others informed, and encourages them to participate in meeting business objectives.

Perks and Benefits

- At par with the best in industry

- Location could be either Pune or Mumbai depending on the candidate's preference