Lead - Accounts Payable (Hyderabad)

Lead - Accounts Payable (Hyderabad)

09 Apr
|
Biological E
|
Hyderabad

09 Apr

Biological E

Hyderabad

Job Title : Lead – Accounts Payable

Function : Finance & Accounts

Job Location : Head Office, Azamabad (Near RTC Cross Roads), Hyderabad

Reporting to : Sr. GM – Accounts

Role Overview

The Accounts Payable Leader will be responsible for overseeing and managing the company’s payables function, ensuring timely and accurate processing of vendor invoices, adherence to statutory compliances, and maintenance of strong vendor relationships. This role will drive process efficiency, compliance, and internal controls while supporting the overall working capital management of the organization.

Key Responsibilities

1. Accounts Payable Operations

- Lead and supervise the end-to-end Accounts Payable (AP) process for raw materials, consumables, services, and capital purchases.
- Ensure timely processing, validation, and posting of vendor invoices in line with company policies and approvals.
- Monitor payment cycles and ensure timely disbursement of vendor payments as per agreed terms.
- Resolution of discrepancies with Procurement and Stores and other departments as required.

2. Compliance & Controls

- Ensure compliance with Indian statutory requirements including GST, TDS, PF/ESI (if applicable to contract labor), and other relevant laws.
- Maintain proper documentation for audits (statutory, internal, tax, GST).
- Implement and monitor internal financial controls, Delegation of Authority (DOA), and SOPs related to payables.

3. Vendor Management

- Build and maintain strong vendor relationships to ensure smooth operations.
- Review payment terms and co-ordinate with SCM to maximise the savings.
- Resolve vendor queries and disputes regarding payments, deductions, or rejections.
- Periodically review vendor reconciliations and ageing reports.

4. Reporting & Analysis

- Prepare and present periodic AP reports like, ageing analysis, Open GR’s, Open vendor advances, average credit period, payments analysis, advance analysis, Deviations from budgeted procurement etc.
- Highlight overdue and disputed cases to management.
- Track and report savings from early payment discounts, if applicable.

5. Process Improvement & Automation





- Identify opportunities to improve AP efficiency through automation
- Support digitization initiatives for invoice processing and vendor communications.

6. Team Leadership

- Lead, train, and mentor the AP team to ensure high performance and accuracy.
- Ensure adequate backup, succession planning, and adherence to deadlines.

Qualifications & Skills

- Education: Chartered Accountant (Preferred)
- Experience: 8–12 years of experience in Accounts Payable, with at least 3–4 years in a supervisory/lead role, preferably in a manufacturing setup.
- Technical Skills:
- Hands-on experience with ERP systems (Preferably SAP).
- Positive knowledge of GST, TDS, and other indirect tax compliances.
- Proficiency in MS Excel and reporting tools.
- Behavioural Skills:
- Strong leadership and people management abilities.
- Excellent analytical and problem-solving skills.
- Good communication and vendor negotiation skills.
- Detail-oriented with high integrity and accountability.

ABOUT BIOLOGICAL E. LTD.:

Biological E. Limited (BE), founded in 1953, is India’s first private-sector biological products company and the first pharmaceutical company in South India. Originally incorporated as Biological Products Private Limited, BE develops, manufactures, and supplies vaccines and therapeutics.

BE’s portfolio includes 11 World Health Organisation (WHO)-approved vaccines and 11 USFDA-approved generic injectables. The company has the capability to develop and manufacture vaccines across all major technology platforms, including microbial/bacterial fermentation, recombinant vaccines, and viral vaccines. BE supplies essential and life-saving vaccines and pharmaceuticals to UN agencies such as UNICEF and PAHO, global markets, and within India to the National Immunisation Programme, State Governments, Public Sector Undertakings (PSUs),



the Indian Armed Forces, and the domestic retail market.

For over five decades, BE has played a pivotal role in supporting public health programmes in India. BE is the leading global supplier of Pentavalent vaccine and the largest producer of Tetanus vaccine worldwide. In India, it is the top producer of snake anti-venom and a prominent supplier of essential injectables, such as anti-coagulants. Additionally, BE offers trusted remedies for cough, cold, gastrointestinal disorders, respiratory issues, and critical care products.

In recent years, BE has undertaken strategic initiatives for organisational expansion, including developing generic injectable products for regulated markets, exploring synthetic biology and metabolic engineering for sustainable API manufacturing, and creating novel vaccines for global markets.

BE exports vaccines to over 140 countries, partnering with organisations such as the Bill & Melinda Gates Foundation. The company has delivered several million doses of LPV to children worldwide and distributed over two billion doses of vaccines to public and private markets globally. BE maintains a presence across nearly all continents.

BE’s workforce of over 6,000 dedicated employees, including renowned scientists, attracts talent from around the world. The company operates three state-of-the-art facilities for development, scale-up, and commercial manufacturing in Hyderabad, India. These facilities are certified by the USFDA, WHO, and other regulatory bodies. BE collaborates with leading global organisations and government research institutes to create innovative vaccines and therapeutics, ensuring access to remote corners of the world and improving lives globally.

BE has received numerous awards and recognitions. Since 2014, it has been honoured with the Pharmexcil Award by the Ministry of Commerce and Industry, Government of India, for three consecutive years. In 2017, Fortune India’s Next 500 included BE in its list. In 2022, BioSpectrum, a leading pharma journal, ranked BE 6th among the top 20 biotechnology companies in India.

For more details, visit us www.biologicale.com

📌 Lead - Accounts Payable (Hyderabad)
🏢 Biological E
📍 Hyderabad

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