Senior Manager - Accounts Payable Lead - Manufacturing Industry

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/M com, 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 (MUST)

KEY COMPETENCIES/BEHAVIOURS REQUIRED:

- Working knowledge of Taxation - Direct and Indirect Tax (MUST)

- Sound knowledge of overall accounting policies and practices

Narayan - 9819147645
PAN India Recruiters
Mumbai