Accounts Payable Manager

Accounts Payable Manager

Key Responsibilities:

• Lead the Month-End Closing Process

  :
• Ensure timely and accurate closing of books with respect to accounts payable.

• Transaction Management

  :
• Oversee timely recording of all accounts payable transactions, ensuring completeness and accuracy.

• Compliance and Controls

  :
• Ensure adherence to applicable accounting standards and tax laws across all AP processes.

• PO to Payment Process Oversight

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• Ensure end-to-end purchase order to payment cycle is followed, including implementation of

  three-way matching

  (PO, GRN, Invoice).

• Cost Monitoring

  :
• Map actual expenses against agreed vendor rates/contracts and report any deviations for corrective actions.

• Provision Accounting

  :
• Implement controls on provision accounting and ensure timely and accurate reversals during subsequent periods.

• MIS and Control Templates

  :
• Train and guide the team in designing and maintaining MIS templates and ledger-level control sheets.

• Team Management

  :
• Manage, mentor, and train a team of accounts payable coordinators; support their professional development and efficiency.

• Payment Accuracy and Timeliness

  :
• Ensure vendor payments are processed accurately, on time, and are correctly accounted in the books.

• Process Standardization (SOPs)

  :
• Develop and implement SOPs across all AP processes to drive consistency, efficiency, and compliance.

Key Skills and Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field.
• CA Inter / MBA (Finance) preferred.
• Minimum 8–12 years of relevant experience in Accounts Payable, with at least 3 years in a leadership role.
• Strong understanding of accounting principles, tax laws, and internal controls.