Accounts Payable Manager

Expense Accounting and Month-end Closure: Coordinate timely and accurate booking of operating expenses, provisions, accruals and reversals; review account heads and cost-centre allocation and support month-end closure.

Budgeting and Forecasting: Support preparation of the annual expense budget and periodic forecasts; consolidate inputs, track actual performance and highlight risks and opportunities.

Variance Analysis and Management Reporting: Prepare monthly expense dashboards and detailed budget-versus-actual, month-on-month and year-on-year variance analysis with clear commentary and action tracking.

Expense Governance and Controls: Implement expense-management processes, approval controls and monitoring mechanisms; follow up on exceptions, aged provisions, advances and unreconciled items.

Reconciliations and Data Quality: Reconcile expense MIS with the general ledger and ensure completeness, accuracy and consistency of data across reporting systems.

Cost Allocation and Segment Reporting: Support expense and effort studies, allocation keys and segment-level reporting, with adequate working papers and approvals.

Partner Payments and Related-party Transactions: Monitor governance over reward and other partner-related expenses and maintain related-party transaction records in line with approved processes.

Audit and Regulatory Support: Prepare schedules, reconciliations and supporting documentation for statutory audit, internal audit, IFC testing and IRDAI inspections; track observations to closure.

Process Improvement and Automation: Identify opportunities to automate expense reporting, reconciliations and dashboards using ERP, data-mart and reporting tools, and strengthen maker-checker controls.

Stakeholder Coordination: Work with Sales, HR, Operations, Procurement, IT, Tax, Compliance and other functions to resolve accounting issues, obtain explanations and drive expense-control actions.

Team and SLA Management: Allocate activities, review deliverables, monitor timelines and coach team members to achieve accuracy and service standards.

Authorized to review and process expense-related entries, reports and business payments in accordance with the approved authority matrix and maker-checker controls.

Month-end expense closure and reporting completed within the agreed Finance calendar: 100% adherence.

Accuracy of expense reporting and reconciliations: at least 99%; material errors: nil.

Monthly variance analysis and control dashboard issued by the 12th of each month: 100% adherence.

Expense MIS-to-ledger reconciliation and closure of identified differences within agreed timelines: 100%.

Audit, IFC and regulatory schedules submitted within due dates; observations closed within committed timelines.

Year-on-year savings / cost-optimisation actions tracked against approved targets, excluding uncontrollable or specifically excluded cost categories.

Automation and process-improvement milestones delivered as per the approved plan.