Position Description
The role is responsible for leading the Accounts Payable function with a strong focus on analytics, compliance, process optimization, and stakeholder management. The incumbent will drive operational excellence, ensure financial governance, and support data-driven decision-making through robust reporting and analysis.
Key Responsibilities
Reporting & Analysis
- Review and present Accounts Payable reports, including aging, cash flow forecasts, and liability summaries, to management.
- Perform variance and trend analysis, providing insights to support financial planning and decision-making.
Compliance & Controls
- Ensure compliance with company policies, accounting standards, and statutory regulations, including TDS and GST.
- Oversee internal controls and support internal and external audits with accurate documentation and explanations.
Team Leadership
- Lead and manage the Accounts Payable team, ensuring high performance, accountability, and adherence to timelines.
- Provide coaching, regular feedback, and performance evaluations to support team development and continuity.
Vendor Management
- Maintain strong relationships with vendors to ensure smooth communication and timely resolution of issues.
- Collaborate with procurement and internal stakeholders to address vendor-related inquiries and discrepancies.
Process Improvement
- Identify opportunities for process improvement and implement efficiency-enhancing measures.
- Recommend and drive system enhancements and best practices for continuous improvement.
Invoice Processing
- Supervise invoice processing to ensure accuracy, proper documentation, approvals, and timely posting.
- Oversee resolution of invoice-related discrepancies with vendors and internal teams.
Payment Processing
- Oversee timely and accurate execution of payment runs in line with approval controls and payment terms.
- Ensure compliance with authorization policies and effective cash management.
Required Experience:
- CA or MBA Finance with 7-8 years of relevant experience in Accounts Payable or finance operations, including 2-3 years in a leadership or supervisory role.
Required Competencies
- Strong analytical and problem-solving capabilities with a data-driven mindset.
- Ability to partner effectively with internal and external stakeholders.
- High level of ownership, multitasking ability, and attention to detail.
- Strong communication and team leadership skills.
Required Knowledge
- Sound knowledge of accounting principles, AP processes, and statutory compliance.
- Proficiency in ERP systems (SAP preferred) and strong working knowledge of Excel, PowerPoint, and MIS reporting tools.
About the company :
A renowned Mumbai-based film production company.
