Job Title: Accounts Payable Lead
Location: Yelahanka
Experience: 5–8 Years
Job Summary
We are looking for an experienced Accounts Payable Lead to manage end-to-end Accounts Payable (AP) operations, ensuring timely and accurate processing of invoices, vendor payments, fund requests, financial postings, and month-end activities. The ideal candidate should have strong expertise in AP processes, financial accounting, reconciliations, fixed asset capitalization, intercompany accounting, and ERP systems such as SAP while driving process improvements and ensuring compliance with accounting standards.
Key Responsibilities
Accounts Payable Operations
Manage and review weekly fund requests to ensure sufficient cash flow for vendor and operational payments.
Process and monitor advance payments to vendors and employees.
Handle corporate credit card payment processing and reconciliations.
Ensure timely processing of vendor and consultant payments.
Review, validate, and post consultant invoices in the ERP system.
Monitor and clear outstanding advances through appropriate accounting entries.
Review and post parked accounting documents within defined timelines.
Financial Accounting & Month-End Close
Perform intercompany and inter-unit accounting postings and reconciliations.
Execute fixed asset capitalization in accordance with accounting policies.
Prepare and maintain inventory schedules and reconciliation statements.
Support Profit After Tax (PAT) calculations and analysis.
Prepare and review overhead (OH) allocation and working schedules.
Perform accurate journal entries and support month-end closing activities.
Ensure compliance with accounting standards, company policies, and internal controls.
Reporting & Process Improvement
Investigate and resolve payment, posting, and reconciliation discrepancies.
Support internal and external audits by providing required documentation.
Prepare periodic reports related to Accounts Payable, vendor payments, advances, and accruals.
Drive continuous improvement initiatives across Accounts Payable and Record-to-Report (R2R) processes.
Identify automation opportunities to improve operational efficiency and accuracy.
Collaborate with cross-functional teams to strengthen financial controls and enhance service delivery.
Required Skills & Qualifications
M.Com with B.Com in Accounting, Finance, Commerce, or a related discipline.
5–8 years of experience in Accounts Payable, Financial Accounting, or Shared Services.
Strong understanding of Accounts Payable processes, vendor management, and month-end close activities.
Hands-on experience with SAP or other ERP systems.
Proficiency in Microsoft Excel and financial reporting tools.
Strong analytical, reconciliation, and problem-solving skills.
Excellent communication, stakeholder management, and organizational skills.
Ability to work independently while meeting strict deadlines in a fast-paced environment.
Pay: ₹500,000.00 - ₹900,000.00 per year
Benefits:
Work Location: In person
