Accounts Payable Manager

Job Description – Manager Accounts Payable

Company: Purple United Sales Limited

Designation: Manager – Accounts Payable

Location: Corporate Office

Department: Finance & Accounts

Reporting To: Head – Finance / CFO

About the Role

We are looking for an experienced and detail-oriented Manager – Accounts Payable to oversee the end-to-end vendor payment process, ensure compliance with financial policies, maintain strong vendor relationships, and support the company's financial operations. The ideal candidate should have strong expertise in accounts payable, GST compliance, vendor reconciliation, and retail industry financial processes.

Key Responsibilities

Accounts Payable Management

• Manage the complete Accounts Payable cycle, including invoice verification, processing, and payment execution.
• Ensure timely and accurate processing of vendor invoices and employee reimbursements.
• Monitor payable aging and maintain healthy vendor relationships.
• Coordinate with procurement, warehouse, and operations teams for invoice approvals and GRN matching.

Vendor Management & Reconciliation

• Perform monthly vendor ledger reconciliations and resolve discrepancies.
• Ensure accurate maintenance of vendor master data.
• Handle vendor queries related to payments, deductions, and reconciliations.
• Monitor advance payments and vendor settlements.

Compliance & Controls

• Ensure compliance with GST, TDS, and other statutory regulations.
• Verify GST input credits and ensure proper documentation.
• Coordinate with auditors during internal and statutory audits.
• Maintain strong financial controls and adherence to company policies.

Reporting & Analysis

• Prepare Accounts Payable MIS reports and payment forecasts.
• Track outstanding liabilities and cash flow requirements.
• Support monthly, quarterly, and annual financial closing activities.
• Analyze vendor spending patterns and identify cost optimization opportunities.

Process Improvement

• Drive automation and process improvements in payable operations.
• Ensure accurate documentation and record management.
• Collaborate with cross-functional teams to streamline procure-to-pay processes.

Required Qualifications

• CA Inter / MBA Finance / M.Com / B.Com.
• 7–8 years of experience in Accounts Payable, preferably in Retail, FMCG, or Apparel Industry.
• Strong knowledge of GST, TDS, vendor reconciliation, and financial controls.
• Experience working with ERP systems such as SAP, Oracle, Tally, Microsoft Dynamics, or similar platforms.
• Advanced proficiency in Microsoft Excel and MIS reporting.

Key Skills

• Accounts Payable Management
• Vendor Reconciliation
• GST & TDS Compliance
• Financial Reporting
• Invoice Processing
• Cash Flow Planning
• ERP Systems
• Audit Coordination
• Team Management
• Attention to Detail