Assistant Manager – Accounts Payable
Posted 1 month ago

Responsible for all Day-to-day payables activities, Balance Sheet Schedules, MIS and record keeping.

Accountabilities
Key activities Overall goals / Typical measures Customer – External Internal
Vendors/ICs
 Support in reconciling payables accounts
 Support to arrange settlement
Regions/Satellite offices
Support all Financial and operational accounting
 Timely settlement
 Efficient accounting Stakeholder – External Internal
Bank
 Payments, accounting and Bank Reconciliations
Coordination/follow up for recovery of dues
 Accuracy & timeliness in accounting Process – Internal
 Reconciliation – INTERCO & Vendors
 Maintaining books of account (AP) i.e. payment updation
 Posting accounting entries
o Provisions/Accruals during Month Ends
o Payments
 Profit reports & MIS
 Responsible for duty ledger updations
 Preparing application ensure Balances of Payables are confirmed
 Reconciliation of Inter-company & vendor accounts are done on monthly basis
 Resolving disputes by appropriately following up with branch offices.
 Ensure adherence to Standard operating procedures.
 Review month end provisions for expenses
 Proper record keeping/books of accounts
 Data maintenance and back up
 Regular analysis
 Settlement within stipulated time
 Making data ready in required format for MIS
 No Due Certificates/Balance Confirmations, TDS Certificates.
 Upto date Filings and house keeping of records and documents.
 Tracking Vendor Agreements/Contracts before booking and processing payments.
People – Management
 To be a part of effective and efficient team
 Effective communication
 Team work
Skills / Qualifications
Key capabilities
Skills
 Interpersonal skills
 Analytical skills
 Initiative
 Innovative
 Accounting skills
 Software skills (Word, Excel, PowerPoint, etc.)
Competencies
Competency segment ‘Business’
Analysis: Breaks down a problem, situation or process into its component parts, separates the main issues from side-issues, understands the nature of parts and their relationship to one another. Seeks out and critically evaluates both numerical and narrative information. Draws accurate conclusions.
Planning & Organizing: Sets clear and realistic goals and objectives. Establishes a course of action and a sequence of steps to ensure that activities and objectives are efficiently achieved. Is structured with good personal organization. Schedules time effectively and uses efficient work methods and tools.
Results Orientation: Continually seeks to accomplish critical tasks with measurable results. Overcomes obstacles and makes adjustments to achieve results. Focuses self and others to achieve targets aligned with business goals.
Competency segment ‘Leadership’
Teamwork: Works cooperatively with others to achieve target and objectives. Accomplishes own tasks in support of team goals and actively offers to help colleagues. Supports group decisions.
Competency segment ‘Personal’
Accountability: Acts responsibly. Can be counted on to keep commitments. Complies with the intent of policies, procedures and agreements. Builds others’ trust in own professionalism, integrity, ex pertise and ability to get results.
Communication: Provides both verbal and written information in a timely, clear and concise manner. Expresses ideas effectively, adjusting style, tools and mode to the needs of others. Listens attentively, and summarizes or asks questions, when needed, to clarify information.
Self Management: Remains calm, objective and controlled in responding to urgent or demanding situations. Maintains effective performance under pressure. Stays positive.
Expected years of experience
 3 – 4 years relevant accounting experience. Educational Qualifications
 Qualified CMA

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