Company: A. Menarini India Pvt. Ltd. (Subsidiary of Menarini Asia Pacific)

Department: Finance & Accounts

Reporting to: Finance Controller

Reporting Location: Mumbai

Qualification: CA Inter / Semi-qualified CA (7-10 years experience) or / CA with approximately 1 year of post-qualification experience

Industry: Pharmaceutical/ Healthcare MNC preferred

- Role Objective To manage the end-to-end Accounts Payable function, ensuring accurate and timely invoice processing, vendor payments, accounting, reconciliations, financial reporting and statutory compliance. The role also involves team leadership, internal controls, cross-functional coordination and driving process improvements and finance projects.
- Key Roles & Responsibilities

A. End-to-End Accounts Payable Management

- Manage the complete AP cycle, including invoice processing, vendor payments, employee reimbursements, advances and vendor reconciliations.
- Review invoices, purchase orders, approvals, expense classifications and supporting documentation.
- Monitor outstanding payables, invoice ageing, blocked invoices and payment schedules.
- Ensure accurate accounting and timely resolution of vendor queries and discrepancies.

B. Accounting & Financial Reporting

- Prepare and review journal entries, expense accruals, provisions, prepayments and month-end adjustments.
- Manage month-end closing activities and AP-related balance sheet reconciliations.
- Review vendor balances, advances, GR/IR and other open items.
- Support preparation of financial statements, management reports and audit schedules.
- Ensure compliance with applicable accounting standards, including Ind AS, IFRS and Indian GAAP, as relevant.

C. Tax & Statutory Compliance

- Ensure appropriate GST treatment, ITC validation and reconciliation of purchase records with GST data.
- Oversee AP-related TDS,



withholding tax and other applicable compliance requirements in coordination with the Tax Team.
- Support statutory, tax and internal audits and ensure timely closure of audit observations.

D. Team Leadership & Internal Controls

- Lead, guide and review the work of the Accounts Payable team.
- Ensure adherence to company policies, approval matrices, maker-checker controls and segregation of duties.
- Monitor team productivity, processing timelines and accuracy.
- Strengthen controls to prevent duplicate payments, incorrect vendor bank details and unauthorised transactions.

E. ERP Systems & Process Improvement

- Manage AP transactions and accounting workflows through ERP systems.
- SAP / Microsoft Dynamics AX / D365 experience will be preferred.
- Identify opportunities for automation, process simplification and improved reporting.
- Participate in ERP enhancements, UAT, system implementation and finance transformation initiatives.
- Take ownership of assigned projects and drive them through timely execution and closure.

F. Cross-Functional Coordination

- Coordinate with Procurement, Supply Chain, Treasury, Tax, HR, IT, business teams and regional finance.
- Resolve purchase order, invoice, payment and reconciliation issues.
- Support payment planning, vendor management and working capital initiatives.
- Work with stakeholders to improve process efficiency and compliance.

- Qualification & Experience

- Experience in a pharmaceutical, healthcare, or multinational company will be an advantage.
- Strong practical knowledge of accounting, Ind AS/IFRS, GST, TDS and month-end closing.

- Key Skills & Competencies

- Strong accounting, analytical and reconciliation skills.
- ERP knowledge, preferably SAP or Microsoft Dynamics.
- Good Excel and financial reporting skills.
- Team management, review and decision-making capabilities.
- Robust ownership, problem-solving and communication skills.
- Proactive approach to automation, process improvement and project execution.

📌 Manager - Accounts Payable (Mumbai)
🏢 Menarini Asia-Pacific
📍 Mumbai