Manager - Payables

Job Description Manager - Payables

Department: Finance & Accounts

Reporting To: GM – Finance and Accounts

Job Purpose

To manage and control the organization's payment processes, ensuring timely, accurate, and compliant payments to vendors. The role is responsible for strengthening internal financial controls, optimizing cash flow, ensuring compliance with company policies, and leveraging Oracle ERP to drive efficient payment operations within a manufacturing environment.

Key Responsibilities:

Payment Operations

• Review and authorize vendor payments in accordance with approved workflows.
• Ensure timely processing of domestic and international payments.
• Monitor payment schedules to optimize working capital and avoid overdue liabilities.
• Coordinate with Treasury for daily fund planning and payment execution.

Accounts Payable Controls

• Validate invoices against Purchase Orders (PO), Goods Receipts (GRN), contracts, and approval matrices.
• Review payment proposals generated through Oracle ERP.
• Ensure accurate deduction and accounting of TDS, GST, and other statutory requirements.
• Monitor debit notes, credit notes, advances, and vendor adjustments.
• Knowledge on Host-to-Host environment.
• Oracle ERP Management: Manage end-to-end payment processing in Oracle ERP, ensuring accurate accounting, workflow compliance, reconciliations, and continuous process automation.
• Internal Controls & Compliance: Ensure robust payment controls and compliance with IFC, SOPs, GST, TDS, FEMA, audit, and corporate governance requirements.
• Vendor & Stakeholder Management: Drive seamless payment operations by resolving vendor issues and collaborating with Procurement, Manufacturing, Treasury, Taxation, banks, and Finance teams.
• Reporting & MIS: Deliver payment analytics, cash flow insights, and performance dashboards to enhance decision-making, operational efficiency, and payment governance.

Qualifications : Chartered Accountant (CA) or Cost Accountant (CMA) with bachelor’s degree in commerce.

Experience :

• 8–12 years of experience in Accounts Payable Payments.
• Minimum 5 years’ experience in a manufacturing organization.
• Hands-on experience with Oracle ERP.
• Experience handling high-volume vendor payments and banking interfaces (H2H/payment gateways) is preferred.
• Manufacturing industries such as Paints, Chemicals, FMCG, Automotive, or Process Manufacturing.

Other competencies

• Strong knowledge of Oracle ERP (AP & GL), P2P processes in manufacturing environments.
• Proficient in MS Excel, financial reporting, and data analysis.
• Strong understanding of internal controls, risk management, and statutory compliance.
• Excellent analytical, problem-solving, leadership, and stakeholder management skills.
• Detail-oriented with a continuous improvement and automation mindset.