Role &amp; responsibilities

1. Reporting and Actualization:

<ul>
<li style="margin-left:0px;">Prepare, review, and distribute accurate financial reports related to Accounts Payable activities.</li>
</ul>

<ul>
<li style="margin-left:0px;">Ensure timely actualization of expenses, invoices, and payments into the financial system.</li>
</ul>

<ul>
<li style="margin-left:0px;">Track and report on all outstanding liabilities, accruals, and provisions monthly.</li>
</ul>

<ul>
<li style="margin-left:0px;">Maintain and analyze AP aging reports and reconciliation.</li>
</ul>

2. Provisioning and Forecasting:

<ul>
<li style="margin-left:0px;">Lead the process for monthly accruals and provisioning for unprocessed invoices, ensuring alignment with accounting standards.</li>
</ul>

<ul>
<li style="margin-left:0px;">Collaborate with the Business finance team to analyze variances and adjust provisions accordingly.</li>
</ul>

3. Compliance and Internal Controls:

<ul>
<li style="margin-left:0px;">Ensure compliance with internal policies, SOX, and regulatory requirements related to Accounts Payable processes.</li>
</ul>

<ul>
<li style="margin-left:0px;">Implement and monitor internal controls for the AP process to prevent fraud and ensure data accuracy.</li>
</ul>

<ul>
<li style="margin-left:0px;">Prepare for and assist in internal and external audits by providing required reports and documentation.</li>
</ul>

4. Process Improvement:

<ul>
<li style="margin-left:0px;">Identify inefficiencies in the AP reporting process and develop solutions for improvement.</li>
</ul>

<ul>
<li style="margin-left:0px;">Lead automation projects for reporting tools to increase efficiency and accuracy.</li>
</ul>

<ul>
<li style="margin-left:0px;">Work closely with IT and finance departments to optimize systems and data management for reporting purposes. </li>
</ul>
Preferred candidate profile 
<ul>
<li style="margin-left:0px;">Bachelors degree in accounting, Finance, or a related field.</li>
</ul>

<ul>
<li style="margin-left:0px;">5+ years of experience in Accounts Payable, financial reporting, or a similar role.</li>
</ul>

<ul>
<li style="margin-left:0px;">Strong understanding of accounting standard.</li>
</ul>

<ul>
<li style="margin-left:0px;">Proven experience with AP systems, ERP software (e.g., Oracle, etc.).</li>
</ul>

<ul>
<li style="margin-left:0px;">Advanced skills in MS Excel (pivot tables, VLOOKUP, data analysis).</li>
</ul>

<ul>
<li style="margin-left:0px;">Knowledge of internal controls, SOX compliance, and audit procedures.</li>
</ul>

<ul>
<li style="margin-left:0px;">Excellent analytical skills with strong attention to detail.</li>
</ul>

<ul>
<li style="margin-left:0px;">Experience in team leadership or management is a plus.</li>
</ul>

<ul>
<li style="margin-left:0px;">Strong communication and problem-solving skills.</li>
</ul>

Accounts Payable Manger in Bengaluru (UID-8777)

Job Description

Job Details

Skills Required for Accounts Payable Manger

Job Description for Accounts Payable Manger

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