Role & responsibilities

Location

MIDC Andheri, India

ACCOUNTS PAYABLE

Responsible for overseeing and managing the effective and accurate processing of all accounts payable transactions within the organization. Drives process improvements and uses technology to enhance efficiency and accuracy in the payment process.

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

Accounts Payable Operations
Oversee the end-to-end operations of the accounts payable team, including invoice processing, payment runs, and expense report management.
Ensure all payments are processed accurately, in a timely manner, and in compliance with company policies and regulatory requirements.
Review and approve large or complex invoices and payments.
Develop and enforce accounts payable policies and procedures.

Vendor Management
Establish and maintain robust relationships with vendors and suppliers.
Resolve escalated vendor issues, discrepancies, or disputes effectively and professionally.
Ensure accurate vendor records, including banking information and tax documents.




Negotiate payment terms and discounts with vendors to optimize cash flow.

Compliance and Internal Controls
Implement and monitor internal controls to safeguard company assets and prevent fraud.
Ensure compliance with tax regulations, including sales/use tax and 1099 reporting requirements.
Collaborate with auditors to support internal and external audit requests and to ensure accuracy and compliance.

Process Improvement and Technology Utilization
Identify and implement opportunities for process automation and efficiency improvements within the AP workflow.
Leverage AP automation tools and ERP systems to streamline processes and reduce manual effort.
Stay informed about changes in accounting regulations, emerging technologies and best practices in accounts payable management.
Oversee the implementation and maintenance of accounts payable software and systems.

Reporting and Analysis
Prepare and

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