Accounts Payable Manager

About Brand:

Minimalist (https://www.beminimalist.co) is a science-backed Indian skincare brand built on the core values of efficacy, transparency, and comprehensiveness. Known for its ingredient-first approach, the brand formulates high-performance skincare products using proven activities and clean formulations. The company believes in creating high-quality products using best-in-class ingredients at its own manufacturing facility. Minimalist empowers consumers with knowledge—clearly stating what goes into each product and why—so they can make informed choices. With a commitment to 'Hide Nothing,' the brand champions authenticity and honesty in skincare, creating solutions that work, without the fluff. With a robust portfolio of 60+ SKUs spanning Skincare, Haircare, and Body care, the brand is rapidly expanding its footprint. Focused on enhancing product availability, it is strategically deepening its penetration while strengthening both Modern Trade (MT) and General Trade (GT) channels in India. The brand’s global presence now extends across 15+ countries, including key markets such as the UK, USA, UAE, Malaysia, Indonesia, Germany, France & Italy.

Job Title

Location

The Assistant Manager – Finance (Accounts Payable & MIS) will be responsible for overseeing and managing the end‑to‑end accounts payable function, ensuring timely and accurate vendor payments, and maintaining vendor relationships. Also, he/ she will be responsible for preparing MIS on a monthly basis with meaningful financial insights. The role combines hands-on operational work, process improvement, team leadership, and strategic MIS analysis.

Key responsibilities:

MIS & Reporting:

• Prepare monthly MIS for Minimalist as per the specified deadlines and ensure accuracy of data.
• Close coordination with all the relevant stakeholders at the time of month end, quarter end and year end closing.
• Provide adhoc reports / dashboards as requested by senior management.
• Analyse data: highlight variances along with reasoning, cost saving opportunities, and suggest improvements.

Accounts Payable (AP) function:

• Manage the full AP cycle: invoice receipt, validation, matching with purchase orders / goods receipts, approval workflows, and payment execution.
• Maintain vendor master data: creation, updation, periodic review, ensuring compliance with internal controls.
• Reconcile vendor accounts, vendor statements, and follow up on any discrepancies.
• Ensure accounts payable entries are recorded accurately in the general ledger.
• Process and record provisions and prepaid relating to AP for month end close
• Ensure compliance with local tax laws (withholding tax / TDS, GST, RCM, etc.), accounting standards, and internal policies.
• Responsible for analysis of vendor ageing and relevant actionable
• Responsible for monitoring of vendor advances.
• Responsible and ownership of overall Fixed Assets Register
• Work with internal/ external auditors to ensure timely closing of all the audits
• Ensure adherence to the internal control policy and SOPs established by the management of their daily operational activities
• Responsible for ensuring SOP and RCM compliances

Team Management:

• Lead and mentor AP executive: assign tasks, prioritize work, monitor performance, provide feedback and development
• Interface with other finance teams (AR / Plant/ Tax / Treasury/ Offshore/ Legal/ Secretarial/ FP&A etc.) and crossfunctional stakeholders
• Manage escalations and ensure timely resolution of vendor / internal stakeholder issues.

Qualifications

• Chartered Accountant (CA.)
• Experience up to 1-1.5 years
• Advanced Microsoft Excel skills
• SAP Experience is mandatory
• Prior experience in handling accounts payable and MIS