Payables Management
Drive over all business Payables & Vendor Management. Monitor AP cycles and ensure alignment
with the cashflow strategy. Work with merchandising and operations to align payment
schedules/aging with vendor terms and sell-through expectations.
In-depth analysis of the functioning of Payables & Receivables management
tool/system/processes, providing inputs for eliminating gaps/discrepancies in the tool and
developing forward looking business capabilities within the tool by closely working with the
product development & cross functional teams.
Close coordination with cross functional teams to escalate deviation in pricing/margins agreed
with the vendors and maintain tight control over SLA breach by Vendors. Come up with
cutting-edge ways to increase payment terms via vendor financing etc
Periodic scrutiny of expenses/Vendor ledger balances. Regular reconciliations of Invoices vs
short shipment quantities work closely with operations & buying team to ensure bookkeeping &
payments are accurately captured in the accounting system.
Processing & tracking Marketing, Packaging, all Utility, Warehouse labour/manpower, Staff
reimbursement, Admin, Office, Rental & other business payments per due dates and track any
anomalies or unusual spike in expenses month on month. Ensure timely response to inquiries
from vendors and drive Vendor satisfaction.
GST reconciliations between internal system vs vendor records uploaded on GST portal.
Close tracking and reconciliation of B2B & B2C sales (online & offline channels) with Internal
system vs Books of Accounts. Ensuring tight reconciliation between receivables due vs collections
received. Improve DSOs of the business.
Banking/Cashflow Operations & Reporting’s:
Lead the cashflow/working capital management addressing liquidity needs of the business. Head
the banking activities, negotiate with bankers, manage forex etc. Lead initiatives to improve
working capital by managing AP, AR
📌 Manager Payables || Finance || ECom || Retail (Mumbai)
🏢 KSA
📍 Mumbai