Manager - Accounts Payable

This role will be responsible to ensure accurate processing of invoices and payments while adhering to policies. Optimize accounts payable cycles. Ensure statutory compliance for TDS, TCS, and MSME regulations. Address vendor and procurement queries, review bank and vendor reconciliations, and lead accounts payable process improvements.

- Oversee timely and accurate processing of vendor invoices, employee claims, statutory payments, vendors advances and payment on due dates, etc. and ensuring adherence of schedule of authority, policies, and procedures.

- Closely monitor Invoice to pay cycle period and work closely with stakeholders to optimize AP cycle time through process improvement and system improvements.

- Facilitate effective cash flow management by providing accurate cashflow forecast to treasury team.

- Ensure adherence of statutory compliance of TDS and TCS payable, through timely and accurate payment, TDS and TCS receivable reconciliation, filing of quarterly returns and issue of certificates.

- Ensure MSME compliance including half-yearly returns. Monitor payment to MSME vendors within statutory timelines to avoid interest.

- Address vendor / procurement team's queries relating to payment / deduction.

- Review Bank Reconciliation Statement and lead in resolution of issues with various stakeholders.

- Review vendor's reconciliation and monitor regular clearing of open line items of vendor balances and GRIR.

Qualifications and Experience:

- Graduate / Post graduate in commerce

- 7-8 years of experience in Accounts Department

- Knowledge of accounts payable procedure & Controls

- Knowledge of TDS applicability, Monthly payment & Return Filing

- Knowledge of GST

- Bank Reco in SAP

- Knowledge of Handling voluminous banking transaction