Account Payable Manager

Role & responsibilities

Accounts Payable Management

• Oversee the end-to-end AP process including invoice verification, booking, approvals, and timely disbursement.
  
• Ensure accurate and compliant processing of invoices in line with company policies, tax laws, and accounting standards.
  
• Monitor the AP aging and ensure timely closure of outstanding vendor dues.
  
• Reconcile vendor accounts and resolve discrepancies through proactive communication.
  
• Manage TDS, GST input credit, and vendor tax compliance as per statutory requirements.
  

Vendor Management

• Develop and maintain strong relationships with key vendors and stakeholders.
  
• Implement a structured vendor onboarding, documentation, and payment policy.
  
• Review and approve vendor master data changes in the finance system ensuring data integrity.
  
• Coordinate with Procurement and Business Teams to optimize payment cycles and improve vendor satisfaction.
  
• Drive automation and digitalization initiatives in vendor and payment processes.
  

Controls & Compliance

• Ensure adherence to internal control frameworks and audit requirements.
  
• Support statutory, internal, and group audits with timely and accurate data.
  
• Review existing processes and recommend improvements to enhance efficiency and compliance.
  
• Monitor adherence to OYOs Delegation of Authority (DoA) and financial approval matrix.
  

Reporting & Analysis

• Prepare monthly AP and vendor-related MIS reports, highlighting key metrics, variances, and risks.
  
• Provide insights on payment trends, cash flow forecasts, and working capital management.
  
• Collaborate with the FP&A and Treasury teams to optimize cash utilization.
  

Key Skills & Competencies:

• Strong understanding of Accounts Payable processes and vendor lifecycle management.
  
• Excellent analytical, reconciliation, and problem-solving skills.
  
• Sound knowledge of ERP systems (SAP / Oracle / NetSuite preferred).
  
• Proficient in Excel and financial reporting tools.
  
• Strong interpersonal and stakeholder management skills.
  
• Attention to detail, accuracy, and process discipline.

Preferred candidate profile

Qualification & Experience:

• Chartered Accountant (CA) / MBA (Finance) preferred.
  
• 58 years of relevant experience in Accounts Payable, Vendor Management, or Corporate Finance.
  
• Experience in the hospitality or shared economy sector will be an added advantage