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Job Description : Assistant Manager- Accounts Payable About Open: OPEN is a leading connected finance platform that empowers finance teams to manage their cashflow better by managing all their business finance systems, right from banking to accounting ERP, payments,CRM, HRMS etc. - in one place. OPEN, Indias 100th Unicorn, has been awarded the Best Workplace 2024 by IEEE in 2024. And was recognised by Forbes India and D Globalist s as Top 10 companies among 200 Companies and was featured in IDFC FIRST Private Hurun Indias Top 200 Self-made Entrepreneurs of the Millennia 2023. OPEN was also the recipient of Best Digital Banking Solution from the Global Fintech Fest in 2022 and had won the Most Innovative Neo Bank & the Most Innovative Digital Bank at the Indian Fintech Awards in 2021 & Internet andMobile Association of India (IAMAI) respectively. We are currently home to some of the smartest & brightest 500+ minds in the fintech space. OPEN is a Series D funded startup backed by leading international funds like Temasek, Google, Tiger Global, IIFL Finance Ltd.,SBI Holdings Japan, 3one4 Capital, Speed Invest, Beenext, Tanglin Venture Partner Advisors & Angellist to name a few. And to build and strengthen this superpower, we re on the lookout for an amazing Assistant Manager- Accounts Payable Experience : 6-8 years Location: Bangalore Responsibilities: Manage the end-to-end Accounts Payable (AP) function, ensuring timely and accurate processing of domestic and import invoices in compliance with internal policies and regulatory requirements. Oversee vendor lifecycle management, including onboarding, payment terms negotiation, dispute resolution, and reconciliation. Supervise the Fixed Asset (FA) accounting process, including capitalization, physical verification, tagging, depreciation, and asset retirement. Ensure proper accounting and compliance for GST and TDS on vendor transactions, coordinating with tax and compliance teams as needed. Monitor prepaid expenses and ensure systematic amortization and reporting. Review and approve month-end and year-end provisions, ensuring accurate financial closure and reporting. Perform aging analysis of accounts payable, manage working capital, and provide timely dashboards and MIS to management. Lead and support audit processes (internal, statutory, and tax), ensuring timely submission of reconciliations, reports, and supporting documentation. Drive process improvements and automation initiatives within the AP function to enhance efficiency,accuracy, and compliance. Mentor and manage the AP team, fostering a culture of accountability, collaboration, and continuous learning. Requirements Education: B.Com / M.Com / CA inter / ICWA inter preferred Experience: 6-8 years of relevant experience in Accounts Payable and Fixed Asset management, with at least 2-3 years in a managerial or team lead role In-depth knowledge of GST, TDS, and Indian accounting standards applicable to vendor payments and asset management Strong experience working on ERP platforms (e.g., SAP, Oracle, NetSuite) and advanced Excel skills Proven ability to manage month-end close activities, working capital, and vendor relationships independently Experience handling audits and compliance related to accounts payable Excellent leadership, communication, and stakeholder management skills A proactive mindset with a strong focus on process improvement and internal control implementation Why work at Open? You will be part of the early tribe that is changing the way business banking rolls. Every atom of your work will impact the way millions of businesses are run. You will work with some of the brightest minds who will celebrate your quirks. You will find growth & fun to be two-way streets - how you thrive and the way you jive, in turn drives Open.
