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Accounts Payable Manager

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Full Time

Job Description

Parag Milk Foods Ltd. stands tall as a leading entity in the FMCG sector since 1992. The Company has become synonymous with quality and reliability. We offer internationally acknowledged products across 31 countries under renowned brand names such as Gowardhan, Go, Pride of Cows and Avvatar. We take pride in offering a wide array of dairy products that cater to the varied tastes and preferences of consumers, ensuring satisfaction at every sip and bite. Job Title: Accounts Payable Manager Job Summary: The Accounts Payable Manager is responsible for overseeing and managing the accounts payable department and ensuring efficient processing of invoices and payments. This role involves supervising staff, maintaining accurate records, and ensuring compliance with financial policies and procedures. Key Responsibilities: 1) Supervision and Leadership: Lead and manage the accounts payable team, providing guidance and support. Conduct performance evaluations and provide training to enhance team skills. Foster a positive and collaborative work environment. 2) Accounts Payable Processes: Oversee the processing of invoices and ensure timely payments to vendors. Verify the accuracy of invoices and ensure proper approval before payment. Maintain accurate and up-to-date records of all accounts payable transactions. Manage the month-end and year-end closing processes for accounts payable. 3) Compliance and Controls: Ensure compliance with company policies, accounting standards, and regulatory requirements. Implement and maintain internal controls to safeguard company assets. Address and resolve any discrepancies or issues related to accounts payable. 4) Vendor Relations: Establish and maintain strong relationships with vendors and suppliers. Handle vendor inquiries and resolve payment issues in a timely manner. Negotiate payment terms and manage vendor contracts. 5) Reporting and Analysis: Prepare and analyze accounts payable reports for management. Monitor key performance indicators (KPIs) and implement process improvements. Assist in budgeting and forecasting related to accounts payable activities. Qualifications: Bachelor's degree in Accounting, Finance, or a related field. Proven experience in accounts payable or a similar financial role. Strong leadership and team management skills. Excellent organizational and time management abilities. Proficiency in accounting software and Microsoft Office Suite. Strong attention to detail and problem-solving skills. Knowledge of accounting principles and financial regulations. Preferred Qualifications: Certified Accounts Payable Professional (CAPP) or similar certification. Experience with ERP systems (e.g., SAP, Oracle). Show more Show less

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Parag Milk Foods
Parag Milk Foods

Food and Beverage / Dairy

Maindargi

Approximately 1,200 Employees

16 Jobs

    Key People

  • Devendra D. Kothari

    Managing Director
  • Saurabh J. Kothari

    Chief Financial Officer

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