21 Aug
|
5M Consultants
|
Hyderabad
21 Aug
5M Consultants
Hyderabad
Job Role:
We are seeking an experienced and detail-oriented Accounts Payable (AP) Manager to oversee the end-to-end Accounts Payable function for multiple business entities. The ideal candidate will have strong expertise in vendor reconciliations, invoice processing, payment execution, AP controls, and team management while ensuring timely and accurate financial operations. The role requires close collaboration with internal stakeholders, auditors, and vendors to maintain efficient AP processes and compliance.
Key Responsibilities:
- Manage the complete Accounts Payable cycle, including invoice processing, verification, approvals, and payment execution.
- Lead and supervise the AP team to ensure timely processing of vendor invoices and adherence to payment schedules
- Review and approve vendor reconciliations by analysing outstanding invoices, account balances, debit/credit notes, and supporting documentation.
- Oversee payment processing through ACH, check, Wire Transfers and other banking platforms.
- Prepare AP reports, payment status reports, cash requirement reports,
and management MIS.
- Manage vendor relationships and maintain accurate vendor master records. Identify opportunities to improve AP processes, automation, and operational efficiency.
- Support internal and external audits by providing required documentation and reconciliations.
Required Skills:
- Strong knowledge of the complete Accounts Payable process.
- Expertise in Vendor Reconciliation and Statement Reconciliation.
- Hands-on experience with ACH, Check, Wire, and Electronic Payment Processing.
- Experience working with invoice automation platforms such as Dokka, Basware, Coupa, SAP Concur, Tipalti, or similar systems.
- Solid understanding of invoice matching (2-way and 3-way matching).
- Experience handling multi-entity and high-volume invoice processing.
- Good understanding of accounting principles and financial controls.
- Excellent analytical and problem-solving skills.
- Strong commu
📌 Accounts Payable Manager (Hyderabad)
🏢 5M Consultants
📍 Hyderabad