Job Requirements

About the Role The

Accounts PayableManager will be responsible for managing the accounts payable department within the Retail Banking unit. Based in Mumbai, this role involves overseeing accounting operations to ensure compliance with financial regulations and standards. The role bearer will lead a team, manage vendor relationships, and ensure accurate and timely financial reporting, contributing to the overall efficiency and integrity of the bank’s finance function.

Key Responsibilities

Primary Responsibilities

- Oversee accounting functions including general ledger maintenance, accounts payable, accounts receivable, and project accounting.

- Supervise monthly financial closings and ensure accurate posting of month-end information.

- Manage vendor relations and high-volume invoice processing, including disbursements and tax-related matters.

- Monitor internal controls and ensure adherence to bank policies and procedures.

- Track financial expenditures, maintain databases, and present reports to senior management.

- Prepare operating and personnel budgets, monitor spending, and recommend necessary variances.

- Ensure timely and accurate execution of external and internal audits by providing required documentation.

- Administer departmental projects and ensure alignment with technical specifications and business requirements.

Secondary Responsibilities





- Investigate and resolve issues related to invoice and purchase order processing.

- Conduct training sessions to enhance team performance and knowledge.

- Promote best practices and share knowledge across the team.

- Collaborate with internal stakeholders to leverage synergies.

- Stay updated on global market trends and competitor strategies.

- Foster a collaborative learning workplace and encourage collective ownership.

- Attract and retain top talent for key roles within the team.

- Ensure adherence to benchmarks and processes for finalizing commercials and other key parameters.

What We Are Looking For

Education

- Graduate in any discipline.

- Postgraduate in MBA preferred.

- Professional qualification: Chartered Accountant (CA).

Experience

- Minimum of 4 years of experience in Finance, with a strong background in accounts payable and financial operations.

Skills and Attributes

- Strong leadership and team management skills.

- Excellent understanding of accounting principles and financial regulations.

- Proficiency in managing high-volume invoice processing and vendor relations.

- Ability to conduct audits and ensure compliance.

- Effective communication and presentation skills.

- Analytical mindset with attention to detail.

- Ability to work collaboratively across departments.

- Commitment to continuous learning and improvement.

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