Account Payable Professional

Responsibilities:

• Accounts Payable Management: Manage the end-to-end Accounts Payable (AP) function, ensuring accuracy, efficiency, and compliance with company policies and financial regulations.
• Compliance & Standards: Ensure all accounts payable operations comply with Indian Accounting Standards (Ind AS), Goods and Services Tax (GST), and Tax Deducted at Source (TDS) regulations.
• Invoice Processing: Oversee the accurate and timely processing of all vendor invoices, from receipt to payment, ensuring proper coding and authorization.
• Vendor Management: Manage vendor relationships from an accounts payable perspective, handling inquiries, resolving discrepancies, and maintaining vendor master data.
• Reconciliations: Perform regular reconciliations of accounts payable ledgers with general ledger and vendor statements, identifying and resolving any variances.
• Audit Support: Assist in internal and external audits by providing necessary documentation and explanations related to accounts payable.
• Team Leadership & Development: Lead and mentor accounts payable team members, fostering a high-performance environment and ensuring adherence to best practices.
• Process Improvement: Proactively identify opportunities for process improvements within the accounts payable function, implementing automation and efficiencies to optimize workflows and reduce costs.
• Timely Disbursements: Ensure timely and accurate disbursement of payments to vendors, optimizing cash flow and maintaining strong vendor relationships.

Required Skills:

• Proficiency in managing Accounts Payable operations.
• Strong understanding and compliance with Ind AS, GST, and TDS.
• Experience in overseeing invoice processing.
• Capability in vendor management and relationship handling.
• Expertise in performing accounts payable reconciliations.
• Ability to support and participate in audits.
• Strong team leadership and development skills.
• Demonstrated ability to drive process improvements.
• Commitment to ensuring timely and accurate disbursements.
• Excellent analytical, problem-solving, and communication skills.