Role & responsibilities

1. Reporting and Actualization:

- Prepare, review, and distribute accurate financial reports related to Accounts Payable activities.
- Ensure timely actualization of expenses, invoices, and payments into the financial system.
- Track and report on all outstanding liabilities, accruals, and provisions monthly.
- Maintain and analyze AP aging reports and reconciliation.

2. Provisioning and Forecasting:

- Lead the process for monthly accruals and provisioning for unprocessed invoices, ensuring alignment with accounting standards.
- Collaborate with the Business finance team to analyze variances and adjust provisions accordingly.

3. Compliance and Internal Controls:

- Ensure compliance with internal policies, SOX, and regulatory requirements related to Accounts Payable processes.
- Implement and monitor internal controls for the AP process to prevent fraud and ensure data accuracy.
- Prepare for and assist in internal and external audits by providing required reports and documentation.

4. Process Improvement:





- Identify inefficiencies in the AP reporting process and develop solutions for improvement.
- Lead automation projects for reporting tools to increase efficiency and accuracy.
- Work closely with IT and finance departments to optimize systems and data management for reporting purposes.

Preferred candidate profile

- Bachelors degree in accounting, Finance, or a related field.
- 5+ years of experience in Accounts Payable, financial reporting, or a similar role.
- Strong understanding of accounting standard.
- Proven experience with AP systems, ERP software (e.g., Oracle, etc.).
- Advanced skills in MS Excel (pivot tables, VLOOKUP, data analysis).
- Knowledge of internal controls, SOX compliance, and audit procedures.
- Excellent analytical skills with solid attention to detail.
- Experience in team leadership or management is a plus.
- Strong communication and problem-solving skills.

📌 Assistant Manager - Accounts Payable (Bengaluru)
🏢 Flipkart
📍 Bengaluru