Senior Accounts Payable Manager
Mahendra NextWealth · Udaipur · onsite · Posted 42d ago
Undisclosed10–15 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Roles and Responsibility-
- Oversee the full invoice processing cycle, including invoice receipt, validation, three-way matching (PO/GRN/Invoice), coding, approval workflows, and payment readiness.
- Monitor and manage invoice queues, backlogs, exceptions, and discrepancies to ensure service-level standards are met.
- Ensure accuracy and completeness of invoice data captured through ERP systems and automation tools (OCR, workflow systems, vendor portals).
- Coordinate and execute payment run in line with company policies and cash flow schedules.
- Perform AP reconciliations, vendor account reviews, and month-end closing activities.
- Maintain and enhance vendor relationships; resolve issues, disputes, and escalations promptly.
- Collaborate cross-functionally with Procurement, Operations, Tax, and Treasury to resolve discrepancies and streamline processes.
- Ensure timely communication with internal and external stakeholders regarding invoice or payment-related matters.
- Ensure adherence to company policies, internal controls, and statutory compliance (including GST, TDS/WHT, and invoicing regulations).
- Prepare and analyse AP aging reports, invoice accuracy metrics, accruals, and cash flow forecasts.
- Support internal and external audits by preparing schedules, documentation, and reconciliations.
- Lead, mentor, and develop a team of AP specialists or invoice processors.
- Identify opportunities for process improvement, automation, and efficiency enhancement within the invoice workflow.
- Implement best practices and standard operating procedures (SOPs) for consistent and efficient operations.
Experience/Fresher
- 10+ years of relevant experience in Accounts Payable or invoice processing.
- Minimum 5 years experience in leading or supervising the AP team.
- Experience with ERP systems (e.g., SAP, NetSuite, Oracle).
Skills/Competencies Required
- Strong understanding of accounting principles, AP workflows, and invoice processing best practices.
- Excellent analytical skills with high attention to detail and accuracy.
- Strong leadership, communication, and stakeholder management skills.
- Proficient in Microsoft Excel (pivot tables, VLOOKUP, data analysis).
- Ability to thrive in a dynamic, fast-paced, and evolving environment.
- Process-driven mindset with an aptitude for automation and continuous improvement.
Sourced from naukri
Skills
SAPInvoice ProcessingAccounts PayableP2PVendor PaymentsVendor ReconciliationNon Purchase OrderRoot Cause Analysis3 Way Matching2 Way MatchingPayment ProcessingCredit Notes
About Mahendra NextWealth IT

Mahendra NextWealth
IT Services & Consulting
1.0k+
employees
2009
17 years old
Salem, Tamil Nadu
India
₹2.1L PA avg
Avg at Mahendra NextWealth IT
About
Mahendra NextWealth offers IT-enabled services in online tutoring, healthcare revenue management, and content development, catering to diverse global clientele.
Industries
IT Services & ConsultingFinancial Services
Employee ratings
10 reviews
3.4/ 5
Culture
2.7
Career growth
3.0
Work-life
3.0
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