FORM

Job Title: Process Owner – Reimbursements & Vendor Payments |

Date: |

Job Holder Name: |

Dept: Accounts |

Reports To: Process Manager -Payments |

Location: Head Office |

1: Job Purpose Statement (Summarise in one/two statements why this job exists |

and the contribution makes to the overall business of the company). |

To ensure the timely payments of employee expense reimbursements and vendor |

payments. |

2: Duties & Responsibilities ( List in the order of importance the duties & |

responsibilities of this job) |

Mentoring & Team management of Accounts Payable Team. |

Monitoring the total payment process for smooth functioning of reimbursement |

process of employee and vendor payments and ensure to maintain TAT strictly. |

Maintaining expenses records, comparing actual vs budget and presenting the |

same to Senior Management . |

Process improvements and automations of expenses management. |

Support MIS team by providing data , MIS for Financial Reporting and Audit |

GL scrutiny and submission of Expense Variance Reports for Cost Analysis. |

Managing fixed asset accounting and dispositions in the FAMS , Depreciation |

Accounting , periodic physical inventory of fixed assets. |

Ensure timely releasing of monthly rent of office premises , full & final |

payments of resigned employees . |

Keeping the records of all transactions of Inter-Corporate Deposit , |

Repayments , Exposure Limits , MIS, Records for Financial Reporting and Audit.|

Handling month-end closing process activities, expense provisioning and |

reconciliation of the ledgers. |

3: Organisational Relationship (Provide an organisational chart which |

illustrates the organisational structure above and below this position). |

4:



Key Challenges (List the key tasks performed to support the main objectives|

of the position). |

Improvisation in the Payment process via Innovations and new processes by |

Coordinating with the systems team. |

Mentoring the team . |

5: Decision Making Authority (Describes the type of decisions made alone, |

those on which the manager must be consulted, those referred to a higher |

level, and job procedures to be followed). |

Independent decision for rejecting the claims wherein the company policy is |

not adhered to. |

In case of deviation in claims, the matter to be escalated to senior level for|

consultation. |

For recent processes & innovations, refer to higher level. |

6: List of internal and external stakeholders the role is expected to |

interact with to execute duties effectively |

External Stakeholders: Internal Auditors, Consultant (Compliance) |

Internal Stakeholders: Other Departments |

7: Job Requirements (Describe the educational requirements, suggested year and|

type of experience, nature and extent of skills/abilities required for the |

desired position). |

Competencies |

Professional |Knowledge |Skills |Competencies |

Qualification | | | |

B.com/MBA/CA Inter.|OFAS, Excel |Analytical |Leadership through |

Relevant experience|Computer Basics. |Ability. |sustainability |

15 yrs. |Indepth Knowledge |Communication |Strategic business |

of MS-Excel. |Skills. |orientation |

Accounting |Policy Adherence. |Result orientation |

software. |Customer Focus. |with execution |

Decision Making. |excellence |

Team Work. |Determination. |

Accuracy. |

Integrity. |

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DGM Accounts– Payments

Reporting Manager

Manager – Payments

Dy . Manager – Payments

Asst . Manager – Payments

Accounts Associates/Executives-Payments

📌 Process Payments Executive (Kurla)
🏢 Mahindra u0026 Mahindra Finance
📍 Kurla