Assistant Manager - Accounts Payable

The Accounts Payable clerk will be responsible for overseeing the end-to-end Accounts Payable function, ensuring timely vendor payments, accurate accounting, statutory compliance, and strong financial knowledge. The role requires close coordination with our unit teams, procurement, vendors, and senior management to drive process efficiency and compliance.

Responsibilities:

• Manage the end-to-end Accounts Payable process, including invoice verification, accounting, approvals, and payment processing.
• Ensure timely payments to vendors and consultants in accordance with company policies and agreed terms.
• Review and monitor vendor reconciliations, advances, ageing reports, and outstanding balances.
• Lead monthly and year-end closing activities related to Accounts Payable.
• Ensure compliance with GST, TDS, MSME regulations, and other applicable statutory requirements.
• Establish and strengthen internal controls within the AP process.
• Coordinate with procurement, operations, HR, and other teams to resolve payment-related issues.
• Support statutory audits and financial reporting requirements.
• Monitor cash flow requirements related to vendor payments and provide MIS reports to management.
• Drive process improvements, automation initiatives, and ERP optimisation.
• Lead and mentor the Accounts Payable team to ensure operational excellence and adherence to timelines.

Requirements:

• Bachelor's/Master's degree in commerce, accounting, finance, or a related field.
• 5-8 years of experience in accounts payable.
• Experience in managing AP teams and handling high-volume transactions.
• Strong knowledge of GST, TDS, vendor management, and financial controls.
• Proficiency in ERP systems and advanced MS Excel.
• Key Skills: Accounts Payable Management, Vendor and Stakeholder Management, Financial Controls and Compliance, GST and TDS Regulations, Team Leadership, ERP Systems and Process Automation, Reconciliation and Month-End Closing, MIS Reporting and Analytical Skills.