Description
Key Responsibilities
- Manage the end-to-end Accounts Payable lifecycle including invoice receipt, verification, accounting, and payment processing in line with banking policies.
- Process vendor payments in compliance with defined authorization matrices and banking operational guidelines.
- Monitor and ensure compliance with MSME regulations, including timely payments and reporting obligations.
- Apply and validate TDS and GST provisions during invoice processing and ensure compliance with statutory requirements.
- Support preparation and reconciliation of GST returns and TDS returns, ensuring regulatory accuracy.
- Prepare and maintain Outstanding Advances (OA) and Outstanding Liabilities (OL) schedules, including periodic review and reconciliation.
- Ensure compliance with internal audit, RBI guidelines, and statutory audit requirements.
- Liaise with internal stakeholders (finance, procurement, compliance) to resolve discrepancies.
- Identify and mitigate operational risks in the AP process and suggest control improvements.

Required Qualifications & Experience




- Minimum 4+ years of experience in Accounts Payable / Finance Operations, preferably within the banking or financial services sector.
- Strong working knowledge of MSME compliance, TDS, and GST regulations.
- Proven experience in handling invoice processing through payment and statutory compliance.
- Experience in preparing OA / OL schedules and performing reconciliations.
- Proficiency in MS Office (especially Excel); experience in banking ERP/core systems is a plus.

Key Skills & Competencies
- Robust understanding of financial controls, compliance frameworks, and audit requirements in a regulated environment.
- Excellent analytical and reconciliation skills.
- Effective communication and presentation skills for stakeholder interactions.
- Strong team management and leadership capabilities.
- High attention to detail and accuracy, with a risk-aware mindset.
- Ability to manage multiple prio

📌 Team Member-AP OPS-OPS-Accounts Payable Operations (Mumbai)
🏢 Kotak Mahindra Bank
📍 Mumbai