Accounts Payable Manager

Role & responsibilities

Preferred candidate profile

Accounts Payable Operations

• Oversee end-to-end Accounts Payable processes including invoice processing, 3-way matching (POGRNInvoice), payments, and reconciliations.
• Ensure timely booking of invoices and on-time vendor payments as per agreed credit terms.
• Manage domestic and import vendor payments, including forex payments where applicable.
• Handle employee reimbursements, advances, and settlements.

SAP & Systems

• Lead AP operations in SAP (FI/MM modules), including:
  
• Vendor master management
• Invoice verification (MIRO)
• Payment processing (F110)
• GR/IR reconciliation
• Account reconciliation and clearing
• Coordinate with IT/SAP support teams for system enhancements, automation, and issue resolution.
• Drive continuous improvement and process standardization using SAP best practices.

Statutory & Compliance

• Ensure compliance with GST, TDS, customs duty, and other statutory requirements related to AP.
• Review and ensure timely TDS deduction, payment, and return filing.
• Support internal, statutory, and tax audits; ensure closure of audit observations.
• Ensure adherence to internal controls, SOPs, and Toyota compliance standards.

Vendor & Stakeholder Management

• Act as the primary point of contact for vendor queries, escalations, and dispute resolution.
• Maintain healthy vendor relationships while ensuring compliance with company policies.
• Coordinate closely with Procurement, SCM, Plant Finance, and Treasury teams.

Period Closing & Reporting

• Ensure smooth month-end and year-end closing activities related to AP.
• Review AP ageing, vendor balances, advances, and provisions.
• Prepare MIS reports, dashboards, and analysis for management review.
• Monitor key KPIs such as invoice turnaround time, overdue payments, and process efficiency.

Team Management

• Lead, mentor, and develop the AP team.
• Allocate work, review outputs, and ensure adherence to timelines and quality standards.
• Identify training needs and build SAP and process capability within the team.