Deputy Manager - Accounts Payable

Job Description

Job Purpose

Payout computation for various Business partners like Franchisees, BSB, BANCA, DRA, PMS, MF, CROSS-SELL.
INCENTIVE computation: Validating incentive computation and Accounting.
Validate Revenue Reversal request, compute reversals and Accounting.
Accounting & Operating activity pertaining to NEW BP, Scheme terms of BP, Closure & settlement.
PAYOUT MIS & Dash Board Preparation.

Job Context & Major Challenges

Job Context/Job Challenges:

Job Context:
The job holder is responsible to ensure accurate computation of pay-out of BP, BSB, PMS,BANCA through Wedge, after collecting data from multiple departments and co-ordinating with IT .
Computations need to be verified and accounting in the system before payout is released to the BPs.
The above are time bound activity and need to be completed at the same point of time to ensure smooth book closure.
Periodic MIS to internal and external stakeholders. Responsible for conducting reconciliations, ledger reviews, initiate automation requests, preparing data dump to meet audit requirements.
The major challenges are in collating data immediately after month closure and validating the multiple processes involved in the automation module. Timely release of payment to the BPs and credit note circulation in PORTAL.

Key Result Areas