Accounts Payable Lead

Position Objectives

To appoint a dynamic and results-oriented leader to lead the Accounts Payable department, with the goal of strengthening the organization’s account payable / tax operation processes, Management reporting and cash flow management. The position is responsible to build and operate payable and tax operations processes with strong internal controls, enhancing cash utilisation efficiency, reducing financial risk, and fostering cross-functional collaboration to support sustainable business growth.

Ensuring Compliance of Income Tax Act, 1961 and GST Act, 2017 etc.

Indicative Responsibilities

• Ensure accuracy and timeliness in accounts payable / provision, reconciliations, and payouts.
• Automate and streamline AP / Tax processes using relevant tools
• Collaborate with finance and other teams to meet the objective of the Company
• Coordinate with auditors and external consultants during financial reviews
• Maintain compliance with accounting standards, and internal control
• Lead, mentor, and evaluate AP staff performance
• Ensure Income Tax and GST Compliance
• Cash Management to ensure money is invested to earn maximum return
• Prepare aging reports & other reports required by management.

Reports To

• Finance Controller

Coverage / Sub functions

• Operations (AP and Tax)
• Automation

Key Skills & Competencies

• Attention to detail leading to accuracy & reliability of MIS, strong in compliance of Statue (Income Tax and GST)
• Analytical, problem solving and interpersonal skills required to resolve disputes
• Strong process & system orientation required to minimize manual intervention for efficient record keeping invoicing & reporting
• Communication skills
• Time management & prioritization
• Collaboration skills for effective working relationships with other supplier (technology) or client (commercial org) functions

Key Behavioural Traits

A founding member at BSIF:

• Understand that Integrity, open & honest demeanour (transparency) & fair conduct is non-negotiable.
• Learns on the job, evolves with the role & navigates uncertainty with perpetual optimism
• Holds the “team above self”; “gets along” & finds common ground in the best interest of all our stakeholders
• Is frugal and uses scarce resources wisely
• Has an “owners’ mindset”
• Is self-motivated / passionate, self-disciplined, has a continuous improvement mindset, doesn’t need to be told what to do & never says “that’s not my job”
• Owns the task in entirety (even if involves other functional areas), has an eye for detail & an ability to incorporate all points of view and take matters to closure
• Is of service to her/his teams who chose to work with them (applicable for managers)

Qualifications

MBA in Finance/ M COM with minimum 10+ years of experience primarily in AP/ Tax function

Location

Mumbai (work from office)

About Bima Sugam:

Bima Sugam India Federation

“people-first” workplace