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- *Position Name: AP & Treasury Manager**
- *Location: Navi Mumbai, Maharashtra**
- *Department: Finance**
- *Role Overview:** This is a crucial role responsible for ensuring correct and timely payments to the vendors and ensuring high level of financial hygiene in the books of accounts. Candidate will actively participate in the period-end closing process and must ensure adherence with accounting internal controls & financial processes. Respond to external vendors and internal managers regarding all aspects of the accounts payable process, including processing invoices for booking, recording tax, assisting with bank reconciliations, and documenting foreign payments.
- *Key Responsibilities:**
- 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 Banks 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.
- *Required Qualifications:**
- B.com/M.com/CA Inter or equivalent.
- Complete knowledge of **Procure to Pay Process** with experience of 6 years & more.
- Expertise on MS office (especially Excel incl. advance commands)
- Proficiency in ERP systems (e.g., D365) and advanced Excel.
- Excellent analytical and communication skills.
- *Key Competencies:**
- Detail-oriented with robust problem-solving skills.
- Ability to manage multiple priorities under tight deadlines.
- Collaborative and proactive approach.
- High integrity and commitment

Apply on Kit Job: kitjob.in/job/45lf3o

📌 AP & Treasury Manager (Navi Mumbai)
🏢 Phillips Machine Tools
📍 Navi Mumbai