Accounts Payable Manager

Role Summary:

The Deputy Manager Finance & Accounts will be responsible for managing and supervising key areas within the finance function, including Accounts Payable, Payroll Accounting, Fixed Asset Register maintenance, and Finance IT reporting development. The role requires strong leadership, financial reporting skills, and collaboration with internal departments and external auditors to ensure financial integrity and operational efficiency.

Key Responsibilities:

1. Accounts Payable Management

• Supervise the end-to-end accounts payable process, ensuring accuracy, timeliness, and compliance with internal controls.
• Review and approve supplier reconciliations, payments, and aging reports.
• Monitor vendor queries and resolve disputes efficiently.
• Ensure adherence to TDS, GST, and other statutory compliances related to payables.

2. Payroll Accounts

• Oversee payroll-related accounting, including salary postings, accruals, reconciliations, and statutory compliance.
• Liaise with the HR/payroll team to ensure alignment of financial records with payroll outputs.
• Ensure accurate booking of payroll liabilities such as PF, ESI, TDS, gratuity, LWF, PT etc.

3. Fixed Asset Register (FAR) Management

• Maintain and update the fixed asset register, ensuring accuracy of capitalization, depreciation, and disposals.
• Ensure all asset acquisitions, transfers, and retirements are recorded as per accounting standards.
• Conduct periodic physical verification and tagging of assets.

4. Financial Reporting & IT Development

• Collaborate with IT and software developers to enhance accounting system functionalities and reporting tools.
• Lead the automation of repetitive accounting tasks and reports to improve efficiency and accuracy.
• Implement internal controls and process improvements across financial operations.

5. Audit & Compliance

• Coordinate with internal and statutory auditors by providing necessary reports, reconciliations, and data.
• Ensure compliance with company policies, accounting standards (e.g., IND AS/IFRS), and applicable laws.

Key Skills & Competencies:

• Strong understanding of accounting principles, payroll processes, and fixed asset management.
• Proficiency in ERP systems (e.g., D365, SAP, Oracle, Tally) and advanced Excel.
• Knowledge of statutory compliances TDS, GST, PF, ESI, etc.
• Analytical mindset with a process-improvement approach.
• Team leadership and cross-functional collaboration.
• Ability to manage multiple deadlines and priorities.

Qualifications & Experience

• Education:

• CA Qualified

  3 to 5 years of relevant experience

• CA Inter

  5 to 7 years of relevant experience

• If not CA qualified

  Minimum of 10+ years of experience in Finance & Accounts

• Additional Skills:

• Experience in managing

  system development

  or

  reporting automation

  projects will be an added advantage.