Executive Accounts

Department

Job Type

Position Summary

The Assistant Manager Accounts Payable is responsible for managing the end-to-end accounts payable function, ensuring timely, accurate, and compliant processing of payments and related reporting. The role requires strong analytical ability, excellent coordination across departments, and a keen understanding of financial compliance and control frameworks.

Key Responsibilities

1.

• Ensure timely and accurate processing of all vendor, loan, and rent payments (98% accuracy).
• Review and approve payment runs; maintain accuracy and timeliness in disbursements.
• Manage salary disbursements on or before due dates (100% compliance).
• Ensure zero errors or complaints in payroll-related payment processing.
• Follow up for pending bills with internal departments.

2.

• Ensure timely filing of TDS, PF, ESIC, and GST returns (GSTR-1, GSTR-3B) with 100% compliance and zero penalties.
• Coordinate and complete quarterly 26AS reconciliation with no discrepancies.
• DPT-3 and other statutory filings completed within defined timelines.
• Maintain compliance with MSME reporting requirements and other statutory guidelines.

3.

• Complete monthly bank reconciliations accurately and share the report by end of the day (100% compliance).
• Ensure timely processing and renewal of bank guarantees (100% adherence to deadlines).
• Obtain and maintain bank balance confirmations and interest certificates.

4.

• Prepare and submit all documentation required for internal, statutory, and external audits with 100% accuracy.
• Ensure internal audit follow-ups are completed with no pending observations.
• Provide timely and accurate financial entries and reports (98% accuracy).
• Assist in provision entries, fixed asset register (FAR) workings, MSME return copies, and other financial workings.
• Prepare and provide required documents for Board meetings, annual filings, and statutory compliance.

5.

• Complete vendor advance statement reconciliation monthly and share with relevant departments.
• Ensure ledger scrutiny is done as needed with zero pending mismatches.
• Update and share debtors and creditors aging reports on a monthly basis.
• Perform vendor and customer balance confirmations as per schedule.

6.

• Prepare and share MIS reports as required (daily/weekly/monthly).
• Complete quarterly closings within defined timeframes (100% compliance).
• Review and process monthly expense allocations accurately.
• Ensure timely and accurate FAR working and entries.
• Support coordination for documentation with internal and statutory auditors and other departments.

7.

• Ensure full compliance with ORSL SOPs and internal accounting policies (100% adherence).
• Maintain and improve internal controls in the accounts payable process
• And any other task assigned by reporting manager or management time to time.