Job Description: Senior Manager Accounts (Payments & Banking)

Department: Accounts & Finance

Reports To: Head of Accounts & Finance

Location: Jaipur

Employment Type: Full time

Position Summary The Senior Manager Accounts will be responsible for end-to-end management of the company's payment operations, including vendor payments, EMI/loan servicing to banks and financial institutions, employee reimbursements, and overall banking relationships. The role requires strong control over cash flow, compliance with internal approval processes, and timely, accurate disbursements.

Key Responsibilities

Vendor Payments

Review, verify, and process vendor invoices for payment as per agreed credit terms and PO/GRN matching

Ensure TDS/GST compliance on vendor payments before release

Reconcile vendor ledgers and resolve payment disputes/discrepancies

Maintain vendor ageing reports and ensure no unauthorized or duplicate payments

Bank & Financial Institution Payments (EMI/Loan Servicing)

Track and process EMI payments to banks and FIs for term loans, vehicle loans, equipment financing, etc.

Maintain loan repayment schedules and ensure timely debits/payments with no penal charges

Coordinate with banks/FIs for loan documentation, renewals, and NOC/foreclosure letters

Monitor interest accruals and ensure accurate booking in the books of accounts

Employee Reimbursements

Manage and process reimbursements for fuel, petty cash, and Travel & Daily Allowance (TA/DA)

Verify supporting bills/documents against company policy limits and approval matrix

Maintain petty cash float, conduct periodic reconciliation and surprise audits





Ensure timely reimbursement cycles and resolve employee queries on pending claims

Banking Relationship Management

Act as primary point of contact for the company's banking partners

Manage day-to-day banking operations fund transfers, cheque issuance, RTGS/NEFT/IMPS, cash credit/OD limits

Negotiate and monitor banking charges, forex rates (if applicable), and service terms

Ensure adequate fund availability/cash flow planning for scheduled payment obligations

Coordinate for bank guarantees, letters of credit, and other credit facilities as required

Controls, Compliance & Reporting

Ensure adherence to internal financial controls, SOPs, and approval hierarchies for all payments

Prepare MIS reports on payment status, cash flow, outstanding liabilities, and EMI schedules

Support statutory and internal audits by providing documentation related to payments

Ensure compliance with applicable statutory requirements (TDS, GST, etc.) on all disbursements

Required Qualifications & Experience

CA/CMA/MBA Finance qualification preferred

6 to 8 years of experience in accounts/finance, with significant exposure to payments and banking operations

Prior experience managing banking relationships and loan/EMI servicing is essential

Strong knowledge of TDS, GST, and statutory compliance related to payments

Key Skills

Strong command over Tally/ERP systems and banking portals (net banking, CMS)

Excellent knowledge of MS Excel for MIS and reconciliation

Strong attention to detail and control-oriented mindset

Good negotiation and relationship management skills with banks/vendors

Ability to manage a team and work under deadlines

📌 Senior Accounts Manager (Jaipur)
🏢 Digamber FInance
📍 Jaipur