Posted By
Posted in
Banking & Finance
Job Code
1462988
Sr Manager Accounts Payable - Consumer Durable Industry - CA / CMA / MBA Finance
Key Accountabilities:
- Deliver Accounts Payable in a timely and efficient manner.
- Processing, verifying, reconciling, accounting and payment of vendor invoices, payroll, staff claim, Inter-company, tax and statutory dues.
- Review invoice coding and ensure accurate booking.
- Monitor employee claim settlements and ensure it is done as per defined policies
- Ensure payments are processed as per the contract terms subject to withholding tax (TDS), GST RCM (as applicable).
- Track transactions and monitor accounts to ensure payments are up to date.
- Accounting of Imprest Account for various office locations and submit regular reports.
- Regulatory documentation for foreign remittances.
- Support vendor registration process in the ERP system.
- Cash / expense forecasting and producing various reports.
- Support preparation of bank reconciliations, including follow up of outstanding items.
- Maintaining records and vendor files- ensure all physical documents are kept in safe custody and digital documents are stored properly.
- Timely resolution of queries and payment failure issues.
- Assist in implementing continuous process improvement and efficiency initiatives.
- Carry out Vendor reconciliations including obtaining vendor balance confirmations, AP ageing analysis, action plan to clear open items, monitoring and reporting debit balances and balances with specified vendors.
- Develop and maintain a strong relationship with internal and external stakeholders and work to build sustainable processes.
- Ensure month end close activities are completed as per the timelines for AP close, accruals or provisions any adjustments.
- Maintain robust internal controls.
- Implementation risk mitigation controls to strengthen the control environment.
- Maintain SOPs and ensure its ongoing effectiveness in identifying and mitigating any exposure.
- Ensure adherence to Delegation of Authority including approved policies and procedures.
- Support Statutory and Internal Audits completion and ensure timely closure/resolution of audit issues and implement agreed recommendations.
- Collaborate with other business teams to deliver cross-functional projects, finance agenda or perform other duties as assigned or as required.
Qualifications Required:
- MBA Finance / Chartered Accountant or ICWAI.
Experience Required:
- 10-12 years significant previous experience in an Accounts Payable managerial role for a large corporate, using SAP system (Mandatory).
Key Competencies/Behaviours Required:
- Working knowledge of Taxation - Direct and Indirect Tax (MUST).
- Sound knowledge of overall accounting policies and practices.
- Well-developed written and oral communication skills.
- Self-starter, flexible, a high level of integrity and is action and goal-oriented in a fast-paced.
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Posted By
Posted in
Banking & Finance
Job Code
1462988
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