Job Purpose The candidate will be responsible for managing the day-to-day operational activities of the finance department, including book-keeping, reporting.
The responsibility will include monitoring / tracking/approving all the outgoing payments (Vendors and employees), compliance requirements and ensuring timely reporting, ensuring proper communication / interaction with the business teams, ability / capability to interact / appear and deal with Bankers and Vendors.
The candidate should also possess good communication skills and ability to deal with internal stake holders.
Job Responsibility Leading the accounts payable function:
- Oversee the accounts payable process from invoice receipt to payment disbursement.
- Ensure accurate and timely processing of invoices.
- Manage vendor relationships and resolve any issues or discrepancies.
- Review and reconcile vendor statements.
- Lead and develop a team of accounts payable specialists.
- Establish and maintain accounts payable policies and procedures.
- Collaborate with other departments to ensure smooth financial operations.
- Provide support for audits and month-end close processes.
- Responsible for documentation for the A1 and A2 payments in compliance with FEMA regulations.
- Managing strict control over the GST input credit on vendor invoices.
- Strict compliance with the TDS provisions on all the outgoing payments.
- Proactively handling various queries received from the business team in a timely and professional manner.
- Manage correct and on-time payments for all statutory obligations such as, TDS, GST, PF and ESI.
Requirements Personal Characteristics The successful candidate must be proactive and self-starter with a dynamic and resilient nature able to work and lead in a fast-paced. Should possess ability to work in an ambiguous, complex, challenging and fast-paced environment. The candidate will have demonstrated the ability to manage multiple priorities simultaneously with strict adherence to deadlines. He/she should be able to think out of the box and challenge the status quo while being extremely well organized and detailed oriented with demonstrated follow-up skills.
Professional Experience/ Expertise
- Masters or Bachelor's degree in accounting, finance, or related field with 10 plus years of experience.
- Well versed in treatment and application of Indian Accounting Standards.
- Good understanding on GST and TDS provisions.
- Previous experience in accounts payable or related role
- Proficiency SAP B1 and Microsoft Excel
- Excellent organizational and communication skills
- A team player and hands-on manager with integrity and a desire to work in a dynamic, merit-oriented setting, should be very organized and process driven.