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AP/AR

Mumbai Permanent View Job Description
The role of AP/AR in the professional services industry involves managing accounts payable and receivable processes while ensuring accuracy and efficiency. Based in Mumbai, this permanent position offers an excellent opportunity to work within the banking and financial services.
  • Opportunity to work with a leading global fund
  • Competitive compensation and benefits.

About Our Client

Brookfield Asset Management Inc. is a leading global alternative asset manager focused on property, renewable energy, infrastructure and private equity, with over $1 trillion of assets under management. Based in Toronto and New York have more than 2,700+ investment professionals and ~240,000 operating employees working in 30 countries around the world. Brookfield is publicly listed on the NYSE and TSX. The Brookfield Private Equity Group has $145 Bn of assets under management and is a long-term owner and operator of world-class assets and businesses.

Job Description



· Responsible for end-to-end AR/AP function across all legal entities supporting PE business.

· Lead discussions required to facilitate resolution of issues/queries with Private Funds team, IT and other stakeholders, to facilitate ad-hoc urgent payments, manage escalations.

· Ensuring data integrity between accounting ledger, sub-ledger, and between systems that interact with the accounting ERP.

· Responsibility for monthly and quarterly management reporting packs to help monitor AR balance, movement in AR, settlements, invoicing, delays in settlement etc.

· Laise with Private Funds/Fund Controllers team to ensure AR balance in Manager books anchors back to AP balance as per funds.

· Liaise with Treasury team and Private Funds team settle AR balances as and when cash is received.

· Onboarding of existing funds onto a new expense allocation tool which acts as a subledger of the AR balances.

· Understand end to end AP/AR workflow and controls around new vendors, projects, approval matrix for expenses and so on.

The Successful Applicant

A successful AP/AR professional should have:

  • A degree in finance, accounting, or a related field.
  • Strong understanding of accounts payable and receivable processes.
  • Proficiency in financial software and tools relevant to the role.
  • Attention to detail and accuracy in managing financial data.
  • Problem-solving skills to address discrepancies effectively.
  • Ability to work collaboratively in a team-oriented environment.
  • Reconcile bank statements and financial records to ensure accuracy and compliance.
  • Prepare and review financial reports for internal and external stakeholders.
  • Monitor and resolve discrepancies in financial transactions and records.
  • Collaborate with internal teams to maintain efficient workflow processes.
  • Assist in budgeting and forecasting activities to support financial planning.
  • Ensure adherence to company policies, procedures, and regulatory requirements.
  • Provide support during internal and external audits as required.



What's on Offer

  • A competitive salary with global fund benefits
  • Opportunities for professional development and growth in the banking and financial services sector.
  • A supportive work culture with a focus on efficiency and accuracy.
  • Comprehensive benefits package to enhance work-life balance.



If you are looking to advance your career as an AP/AR professional in Mumbai, apply today to explore this exciting opportunity.

Quote job ref
JN-032026-6970863

Job summary

Function
Finance & Accounting
Sub Sector
Cost Accountant
What is your area of specialisation?
Financial Services
Location
Mumbai
Job Type
Permanent
Job Reference
JN-032026-6970863

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.