Accounts payable/receivable

Accounts payable/receivable

Grey Orange

Grey Orange

Gurgaon, Haryana, India

Experience :

Manager

Closes on :

Jan 23, 2025

Job Description

Job Description

Key Responsibilities: Lead and Supervise accounts payable team of 6-7 specialists Ensure effective management of vendor master and exercise control over vendor master data Ensure processing and payment of vendor invoices and employee claims as per agreed SLA Ensure compliance to TDS, GST and MSMED laws while processing of vendor invoices Ensure that documentation with respect to imports are promptly submitted to banks and monitor aged items under IPDMS in close collaboration with bankers Ensure compliance to various employee specific policies in the processing of employee claims, define exception handling process while maintaining employee experience Resolve, in collaboration with business operations, supplier billing discrepancies and related inquiries Ensure prompt settlement of vendor advances and closely monitor aged advances Ensure intercompany transactions and balances are reconciled on a real time basis Leverage ERP capabilities and improve efficiency through automation, implement best practices and process improvements Ensure adherence to internal controls and DAO matrix defined for P2P process Review expense GLs to ensure that the expenses are booked to correct GL and cost centre, perform RCA for incorrect bookings and take appropriate measures to plug the gap Manage Monthly/Quarterly Accruals (book reverse accruals) for expenses in collaboration with business finance teams Work closely with financial reporting (GL) team for a smooth and timely closure of books at month-end Ensure vendor reconciliations are performed by the team as per the defined frequency and in compliance to the internal control framework Work closely with business operations and supply chain teams to forecast the cash requirements for vendor payments and provide inputs to treasury team to build a 12 week rolling cash forecast Build solid relationship across all functions and partner with business finance team to align with expectations of various functions Monitor performance of direct reports, provide prompt and objective coaching in accomplishing goals. Conduct performance reviews, promote employee recognition and collaborate HRBP to formulate learning and development strategies for the team Assures effective communication is maintained within the department and externally. Where appropriate, inform employees of company/department plans and progress. Conduct staff meetings at regular intervals. Requirements: Qualified CA/ICWA/MBA with 9-13 years of post-qualification experience preferably with a manufacturing entity or with a BPO/KPO catering to a large manufacturing/software company Proficient in transactional finance with understanding of TDS and GST laws Ability to interact with cross functional teams at various levels and represent AP function at leadership level Sound financial concepts, knowledge of accounting principles and clarity P2P process Strong Microsoft Excel alongside good IT skills particularly Outlook, Word & PowerPoint. Strong communication and interpersonal skills Working Knowledge of ERP / SAP/Netsuite is desirable

Contact

support@plutuseducation.com

Social

© Plutus Education

Contact

support@plutuseducation.com

Social

© Plutus Education