Job Description Overview:
n upGrad is a global leader in the EdTech space, committed to transforming careers through high
n quality online education programs. As we continue our rapid expansion, we are seeking a highly
n motivated and detail-oriented Senior Associate / Assistant Manager - Accounts Payable to
n join our dynamic Accounts Payable team. This role is crucial for ensuring the accuracy,
n efficiency, and compliance of our payment processes.
n The ideal candidate will have solid experience in accounts payable, a keen eye for detail, and a
n proactive approach to maintaining financial integrity. You will be a key contributor to the AP
n function, ensuring smooth operations and supporting the team's overall goals.
n Key Responsibilities:
n ● Accounts Payable Process Management:
n ○ Manage the end-to-end accounts payable process, from invoice receipt and validation to payment processing.
n ○ Ensure accurate and timely processing and payment of invoices, adhering strictly to company policies and payment terms.
n ○ Delegate and prioritize tasks effectively to ensure timely completion of work within your scope.
n ● Reconciliation & Discrepancy Resolution:
n ○ Perform regular reconciliation of supplier statements against internal records to identify and resolve any discrepancies.
n ○ Communicate effectively with vendors and internal teams to resolve payment-related issues promptly.
n ● Financial Reporting & Analysis Support:
n ○ Prepare and analyze accounts payable reports, including aging reports and payment forecasts.
n ○ Assist in month-end closing procedures by ensuring all AP entries are accurate and reconciled.
n ● Audit & Compliance:
n ○ Participate in internal and external audits by providing necessary documentation and explanations related to accounts payable.
n ○ Ensure all AP operations comply with internal controls and company policies.
n ● Process Improvement:
n ○ Identify opportunities for improvement within existing accounts payable processes.
n ○ Contribute to implementing efficient processes and controls to enhance accuracy and compliance.
n ● Team Collaboration:
n ○ Collaborate effectively with cross-functional teams such as finance, procurement, and operations.
n ○ Provide support and guidance to junior team members, as needed.
n Qualifications:
n ● Bachelor's degree in Commerce, Accounting, or a related field.
n ● 2-5 years of progressive experience in Accounts Payable.
n ● Mandatory hands-on experience with SAP for Accounts Payable processes.
n ● Strong understanding of accounting principles and internal controls.
n ● Excellent attention to detail and solid organizational skills.
n ● Ability to manage time effectively and prioritize tasks in a fast-paced environment.
n ● Good communication and interpersonal skills, with a collaborative mindset.