Assistant Accounts Payable Manager

Key Responsibilities

Financial Accounting & General Ledger

• Ensure accurate and timely recording of financial transactions.
• Manage end-to-end General Ledger (GL) activities.
• Review accounting entries and reconciliations.
• Monitor balance sheet schedules and ensure timely closure of open items.
• Ensure adherence to accounting standards and internal financial controls.

Financial Closing & Reporting

• Drive monthly, quarterly, and annual financial closing activities.
• Prepare financial statements and management reports.
• Analyze financial performance and highlight key variances.
• Support management with periodic financial insights and decision-making reports.

Budgeting & Forecasting

• Assist in preparation of annual budgets and rolling forecasts.
• Monitor budget utilization and analyze variances against actual performance.
• Coordinate with business stakeholders to identify financial risks and opportunities.

Compliance & Taxation

• Ensure compliance with applicable statutory and regulatory requirements.
• Manage TDS, GST, and other tax-related activities.
• Support preparation and filing of statutory returns.
• Ensure timely completion of compliance calendars.

Audit Management

• Coordinate with internal and external auditors.
• Facilitate statutory, tax, and internal audits.
• Prepare schedules, reconciliations, and supporting documentation.
• Ensure closure of audit observations within agreed timelines.

MIS & Business Support

• Prepare and circulate periodic MIS reports.
• Develop analytical dashboards and management presentations.
• Track key financial KPIs and support operational decision-making.

Stakeholder Management

• Collaborate with business teams, HR, procurement, and operations.
• Liaise with auditors, consultants, banks, and corporate finance teams.
• Ensure effective communication with vendors and internal stakeholders.

Process Improvement

• Identify opportunities for automation and process efficiency.
• Drive standardization of accounting and reporting processes.
• Support implementation and enhancement of ERP systems and reporting tools.

Qualifications

Educational Qualification

• Chartered Accountant (CA) preferred.
• CMA or equivalent qualification may be considered for exceptional candidates.

Experience

• 3 to 7 years of relevant experience in Finance & Accounts.

Experience in Retail, FMCG, Manufacturing, Shared Services, or Large Corporate environments will be preferred.