GM - Accounts Payable

Designation: General Manager Accounts Payable
Department: Finance & Accounts
Location: Corporate Office, Gurugram

Role Overview

The General Manager Accounts Payable will be responsible for overseeing accounts payable operations, managing vendor payments, ensuring financial compliance, and controlling the approval process for all non-project purchase orders (POs) and work orders across multiple group companies. The role requires strong financial control, coordination with internal stakeholders, and adherence to company policies and approval matrices.

Role & responsibilities

1. Accounts Payable Management

• Oversee the complete accounts payable cycle, including invoice verification, processing, booking, and timely vendor payments.
• Ensure accurate reconciliation of vendor accounts, advances, debit notes, credit notes, and outstanding balances.
• Monitor payment schedules, cash flow requirements, and ageing of outstanding payables.
• Ensure compliance with applicable GST, TDS, statutory requirements, and internal financial policies.
• Strengthen internal controls to minimise payment discrepancies, duplicate payments, and financial risks.

2. Purchase Order and Work Order Approvals

• Review and approve all non-project purchase orders (POs) and work orders in accordance with the approved Delegation of Authority (DOA).
• Verify supporting documents, budget availability, commercial terms, and approval requirements before authorisation.
• Ensure proper documentation and adherence to procurement policies and approval workflows.
• Coordinate with procurement, administration, legal, finance, and other departments to resolve approval-related issues.

3. Group Company Financial Oversight

Manage accounts payable operations and non-project PO/work order approvals for legal entities.

4. Financial Controls and Compliance

• Ensure standardisation of accounts payable processes across all assigned group entities.
• Conduct periodic reviews of outstanding liabilities, vendor reconciliations, and payment controls.
• Identify opportunities to improve process efficiency, strengthen governance, and reduce operational risks.
• Support internal and statutory audits by ensuring the availability of accurate financial records and supporting documents.
• Maintain appropriate audit trails for all payment and approval transactions.

5. Stakeholder Management and Reporting

• Coordinate with department heads, procurement teams, project teams, and finance leadership to ensure smooth financial operations.
• Provide periodic reports on accounts payable ageing, payment status, pending approvals, and outstanding liabilities.
• Escalate high-value, exceptional, or policy-sensitive transactions to the appropriate authority.
• Drive process improvements and ensure accountability across all stakeholders.

Preferred candidate profile

• CA / CMA / MBA Finance / M.Com or equivalent qualification.
• Significant experience in accounts payable, finance operations, vendor management, and financial controls.
• Experience in real estate, infrastructure, or construction-led organisations would be preferred.
• Prior experience managing finance operations across multiple group companies is desirable.

Exceptional candidates may share their updated CV at [email removed] for consideration.