Accounts Payable Manager

· Responsible for ensuring correct and timely payments to the vendors - both domestic and import.

· Responsible for ensuring 100% invoice verification / validation and correct accounting in the ERP systems on First Time Right basis.

· Ensuring match for invoices with GRN and PO.

· Ensuring the correct deduction of TDS & booking of GST.

· Ensuring 95%+ invoice processing and payment efficiency every period.

· Frequent stake holder connects to resolve the payment issues and queries.

· Closely working with the Treasury team to ensure timely payments.

· Efficient resolution of Bank's queries with respect to import payments.

Business Performance Improvement and Governance & Controls

· Setting, review and streamlining of the P2P processes as may be required to improve governance / internal controls and drive productivity.

· Ensuring high level of accounting hygiene AP ledgers through frequent reviews and connect with the users.

· AP data analytics for driving invoice consolidation & influencing working capital delivery.

· Handle AP/treasuries for multiple entities, including group, subsidiary, and associate companies, ensuring proper consolidation and compliance.

· Responsible for timely vendor reconciliations (Including intercompany)

· Prepare bank reconciliations weekly

· Facilitating and supporting on open purchase order review.

· Vendor creation documents to be reviewed & keeping for System audit. It should always match with ERP.

· Responsible for continuously improving the efficiency of the P2P process, taking the lead on the initiatives.

· Responsible for leading & executing the automation agenda including process conceptualization.

Period end closing and Internal controls and Statutory Audit

· Responsible for ensuring strict adherence with the period end calendar requirements and timelines.

· Preparation and analysis of cash flow (NCFO) analysis (related to AP ledgers) and submission to the Financial Controller

· Preparation & review of P2P period end balance sheet schedules and timely and effective closure of the review action points.

· Ensuring resolution of the observations and queries in a timely manner.

· Responsible for preparation of P2P schedules as required by Indian accounting standards / Ind AS for the statutory audit.

· Actively participating in the execution and completion of the statutory audit.

· Responsible for other reviews and analysis, as may be required from time to time to understand the financial balances and driving financial hygiene.

· Develop and maintain a filing system for financial information, records and documents to ensure easily available information.