Assistant Accounts Payable Manager

Key Responsibilities:

• Team Supervision & Workflow Management:
• Oversee daily operations of the AP team to ensure timely invoice processing and payments.
• Allocate and monitor workload, ensure adherence to SLAs, and resolve escalations.
• Invoice & Payment Processing:
• Review and approve large or complex invoices, ensuring proper documentation and authorization.
• Supervise batch payment runs and ensure timely vendor payments via NEFT, RTGS, or cheques.
• Vendor Management:
• Maintain vendor relationships and resolve disputes or discrepancies.
• Oversee vendor reconciliations and ensure accurate maintenance of the vendor master.
• Controls & Compliance:
• Ensure compliance with internal financial controls, accounting standards, and tax regulations (e.g., TDS, GST, VAT).
• Assist in audits (internal, statutory, tax) by providing required reports and documentation.
• Reporting & Analysis:
• Monitor AP aging reports and cash outflows; flag potential issues to management.
• Generate reports on AP performance, outstanding liabilities, and accruals for month-end closure.
• Process Improvement:
• Identify process gaps and recommend automation or improvements for better efficiency and accuracy.
• Participate in AP system upgrades, ERP transitions, or workflow automation projects.