AVP Accounts Payable

5 - 9 years

0 Lacs

Posted:5 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be joining a company that holds 70% of the market share and covers 90% of the market footprint. The company has achieved over 150% year-on-year growth for the past three years. The location for this position is Delhi with 5 days of work from office. Key Responsibilities: - Team Leadership: Lead and manage a team of 5-7 AP professionals, driving productivity and performance. - Accounting Compliance: Ensure accurate booking of purchase costs in the books of accounts in accordance with Indian Accounting Standards. Oversee the preparation of Standard Operating Procedures (SOPs) for all AP processes. - Reimbursement Handling: Supervise employee reimbursement processes, ensuring policy compliance and timely settlements. - Month-End Closures: Create month-end provisions and manage the month-end closing process effectively. Perform timely reconciliation of vendor accounts and bank statements, including balance confirmations. - Process Automation: Drive automation initiatives for AP processes and reconciliations to improve efficiency and reduce manual errors. Lead continuous process improvement efforts. - Stakeholder Coordination: Work closely with external clients, brands, and internal teams to ensure smooth AP operations and issue resolution. Qualifications & Skills: - Educational Background: CA/CMA with a minimum of 8 years of relevant experience (at least 5 years in a corporate setting) Technical Skills: - Expertise in vendor & bank reconciliations. - Proficiency in TDS and GST compliance. - Well-versed with various provisions of MSME Acts. - Hands-on experience with Tally or any other major ERP tool. - Solid understanding of employee reimbursements and purchase booking processes. Process & Compliance: - Strong knowledge of closing, reporting, and month-end processes. - Experience with process improvements and automation tools. Communication & Coordination: - Excellent communication and negotiation skills for effective stakeholder management. In addition to the above, it is preferred that you have worked in an organization with a minimum annual turnover of 500 crores and have experience in handling large data sets such as large vendor reconciliations, and working in a fast-paced corporate environment.,

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