Assistant / Manager Accounts Payable - NBFC (2-8 yrs)

Roles and Responsibilities

• End-to-End knowledge of the Accounts Payable Process i.e., Vendor Maintenance, Invoice processing, Payment verification, Good knowledge of e-payables, e-payable data issues, overdue invoices, and overdue approvals.
• Extensive knowledge of accounting and management principles and accounts payable procedures
• Ability to analyze information and processes

• Taking decisions under exceptional circumstances based on the experience and did not have a single issue around decision-making for the team.
• Maintaining trackers daily that are an important part of the reports sent to the client and providing client required reports daily.
• Preparation of Weekly Progress Report.
• Achieving the agreed productivity, accuracy and turnaround time as per SLA.
• Preparing process documents and process user guide.
• Preparation of monthly supplier reconciliation and other work papers related to Financials.
• Preparing monthly journal entries including complex accruals.
• Monthly benefit adjustments and treasury related entries like prepaid amortization.
• Depreciation accounting, accrued expenses, Revenue recognition, Accrued Revenue & Account Receivable accruals.
• Vendor and Customer sub ledger reconciliation and other activities.
• Strong communication skills to assist with query resolution.
• Preparing process documents and accounting procedures.
• Bank Reconciliation, Ledger Reconciliation, Debtor Reconciliation& Creditor Reconciliation, Inter Company Reconciliation.
• Knowledge of accounts Payable & Receivable processes and Procedures.
• Extensive knowledge of accounting and management principles and accounts payable procedures.
• Building and maintaining relationships with vendors, suppliers, and business partners.
• Managing accounting functions like maintaining the general ledger, month-end closing, and expense reporting
• Knowledge about GST, TDS etc.
• Ensuring the accuracy of financial statements and payment transactions.

Requirements and skills

• Proven work experience as an Accounts Payable Manager or similar role
• Should be handing a team of 3-4 members independently.
• Advanced competency in accounting and business management software preferably SAP
• In-depth knowledge of accounts payable principles, accounting standards and industry regulations
• Extensive experience in account reconciliation
• Great time management and organizational skills
• Excellent collaboration and communication abilities
• Qualification: B.Com Graduate