Key Responsibilities:

- Month-End Closing:
- Lead the AP processes during the month-end closing to ensure timely and accurate financial reporting.
- Reconcile AP balances and ensure all relevant transactions, provisions, and accruals are accounted for correctly.
- Review and validate AP-related entries to ensure they are aligned with company policies and accounting standards.
- Prepare month-end AP reports and assist in the preparation of financial statements.

- Provision and Prepaid Expenses:
- Oversee the recognition of provisions and prepaid expenses in compliance with accounting policies.
- Ensure accurate allocation of prepaid expenses and necessary adjustments during month-end closing.
- Review and monitor the provisions to ensure they are correctly recognized in the relevant financial periods.

- Audit Support:
- Provide comprehensive support during internal and external audits, ensuring smooth audit processes.
- Prepare and provide all necessary documentation related to AP for auditors.
- Respond to audit inquiries and address any discrepancies related to AP records.
- Ensure compliance with all relevant accounting standards and tax regulations (e.g., VAT/GST).

- Expense Scrutiny and Reporting:
- Review employee expense reports, ensuring adherence to company policies and accuracy in submissions.




- Scrutinize expenses against budget forecasts, investigate discrepancies, and highlight areas for potential cost savings.
- Provide detailed expense reports and analysis to senior management and stakeholders.

- Process Improvement:
- Continuously identify opportunities to improve the efficiency and effectiveness of AP processes.
- Propose and implement process enhancements or automation tools to streamline AP functions.
- Drive the adoption of best practices within the AP team and across the finance department.

Qualifications & Skills:

- Bachelors/Masters degree in Accounting, Finance, or related field. A Semi qualified CA is preferred.
- Strong understanding of month-end closing, accruals, provisions, prepaid expenses, and financial reporting.
- Proven experience in handling audit support activities and dealing with auditors.
- Proficient in accounting software (e.g M-365 Agile or similar ERP systems).
- Strong analytical and problem-solving skills, with the ability to scrutinize expenses and detect discrepancies.
- Expertise in Excel for reporting, data analysis, and financial tracking.
- Excellent communication skills and the ability to interact with vendors, internal stakeholders, and audito

📌 Senior Executive - Finance (Gurugram)
🏢 Lenskart
📍 Gurugram