Talent.com
GM - Accounts Payable
GM - Accounts PayableConfidential • indore, madhya pradesh, in
No longer accepting applications
GM - Accounts Payable

GM - Accounts Payable

Confidential • indore, madhya pradesh, in
1 day ago
Job description

Job Description : GM – Accounts Payable

Qualification : Chartered Accountant (CA)

Experience : 12–14 years

Function : Finance & Accounts – Accounts Payable

Location : Gurgaon

Reporting To : Head – Finance / CFO

Mandatory Requirement : Extensive SAP Experience (AP, MM, FI modules)

1. Role Purpose

The role is responsible for leading the end-to-end Accounts Payable (AP) function in a high-volume, fast-paced environment. The position requires a seasoned Chartered Accountant with deep operational expertise, strong governance mindset, and proven experience in SAP-driven AP processes . The individual will ensure accuracy, compliance, vendor satisfaction, robust internal controls, and process efficiency across the AP value chain.

2. Key Responsibilities

A. Accounts Payable Operations (End-to-End Ownership)

  • Lead and manage the complete AP cycle including invoice receipt, validation, workflow approvals, 3-way match, GR / IR clearing, and posting in SAP .
  • Review and approve high-value invoices, vendor bills, debit / credit notes, and employee claims.
  • Manage all categories of payments—operational, capex, logistics, rentals, consultancy, utilities, imports, and advance payments.
  • Ensure timely payment runs through SAP (F110), adherence to payment terms, and control over exceptions.
  • Oversee AP month-end closure including provisioning, accruals, reconciliations, and schedules.

B. Vendor Lifecycle Management

  • Ensure robust vendor onboarding including KYC checks, GST validation, bank verification, and master data creation in SAP Vendor Master .
  • Conduct periodic vendor account reconciliations and resolve disputes or mismatches.
  • Maintain vendor ageing; ensure no overdue payments unless justified.
  • Review and optimize vendor payment terms in collaboration with procurement.
  • Lead vendor performance reviews; drive transparency through AP dashboards.
  • C. Statutory Compliance & Taxation

  • Ensure accurate GST, TDS, RCM applicability for every transaction processed in AP.
  • Oversee correct SAP postings for GST credits, tax deductions, and reversals.
  • Support preparation of GST returns (GSTR-2B, input reconciliations) & TDS filings.
  • Ensure compliance with Companies Act, Income Tax Act, GST laws, and other statutory regulations.
  • Maintain accurate documentation for tax audits and statutory audits.
  • D. Process Controls, Audit & Governance

  • Establish strong internal controls and safeguard risks through SAP process controls (system validations, tolerance limits, payment blocks).
  • Ensure compliance with ICFR , audit requirements, and internal SOPs.
  • Lead internal, statutory, and IFC audits for the AP function.
  • Ensure timely closure of audit observations and action plans.
  • Implement and update SOPs, delegation of authority, and AP policy framework.
  • E. SAP, Automation & Process Improvement

  • Serve as the AP process owner for SAP FI / MM modules .
  • Drive automation initiatives like :
  • OCR-based invoice capture
  • Workflow digitization
  • Vendor portal enhancements
  • Automated 3-way match controls
  • System-based TDS / GST validations
  • Work closely with the SAP / IT team to troubleshoot issues, optimize processes, and implement enhancements.
  • Develop actionable dashboards (processing TAT, exceptions, vendor ageing, DPO, etc.) using SAP analytics.
  • F. Stakeholder & Business Partnering

  • Collaborate closely with Procurement, SCM, Treasury, Legal, and Operations teams.
  • Support Treasury in planning weekly / monthly payment forecasts.
  • Work cross-functionally to resolve bottlenecks affecting vendor payments or invoice approvals.
  • Act as the point of escalation for critical vendor and internal stakeholder issues.
  • G. Team Leadership & Capacity Building

  • Lead and mentor a team of AP managers / executives based at the Gurgaon office.
  • Allocate workflows, set KRAs, track KPIs, and drive capability development.
  • Conduct regular trainings on SAP AP processes, GST, TDS, and internal controls.
  • Foster a high-performance culture grounded in discipline, accuracy, and ownership.
  • 3. Key Deliverables / KRAs

  • 100% adherence to payment schedules and vendor terms.
  • High accuracy in invoice posting, tax application, and coding (
  • Reduction in invoice processing TAT through SAP automation.
  • Zero non-compliance observations in internal / statutory audits.
  • Effective GR / IR management with no ageing beyond defined timelines.
  • Improved DPO while maintaining strong vendor relationships.
  • High-quality MIS : weekly AP aging, vendor outstanding, spend analytics, exception reports, and TDS / GST accuracy.
  • 4. Required Skills & Competencies

    Must-Have Technical Skills

  • Extensive hands-on experience in SAP (FI, MM, AP workflows, vendor master, payment runs, GR / IR).
  • Strong knowledge of GST, TDS, Income Tax, accounting standards, and vendor compliance.
  • Expertise in vendor reconciliation, cost center accounting, and financial controls.
  • Thorough experience in handling large transaction volumes and multi-location AP operations.
  • Behavioral & Leadership Competencies

  • Strong analytical approach and problem-solving ability.
  • Excellent communication and vendor negotiation skills.
  • High level of integrity, accuracy, and process discipline.
  • Ability to lead teams and manage cross-functional expectations.
  • Comfortable working in a dynamic and high-paced operational environment.
  • 5. Education & Experience

  • Chartered Accountant (CA) is mandatory.
  • 12–14 years of relevant experience in Accounts Payable within large corporates, retail, manufacturing, or multi-location setups.
  • SAP experience is mandatory (minimum 5–7 years hands-on; AP-specific).
  • Experience in automation projects, shared services, or process transformation preferred.
  • Create a job alert for this search

    Payable • indore, madhya pradesh, in

    Related jobs
    US Accountant Team Lead III (Bill.com)

    US Accountant Team Lead III (Bill.com)

    iConsultera • indore, India
    Job Title : US Accountant Team Lead III (Bill.Work Hours : 3 : 00 PM – 12 : 00 AM IST (Monday – Friday).Consultera is a leading financial services firm specializing in US accounting, tax compliance, and ...Show more
    Last updated: 2 hours ago • Promoted • New!
    Need extra earnings? Drive your bike with the Uber app

    Need extra earnings? Drive your bike with the Uber app

    Uber • Indore, IN, IN
    Driving with the Uber app is a flexible way to earn using your own bike.It gives you the freedom to choose when, where, and how often you drive — while earning on your own terms.Driving with the Ub...Show more
    Last updated: 2 days ago • Promoted
    Got a bike? Start earning with the Uber app

    Got a bike? Start earning with the Uber app

    Uber • Indore, IN, IN
    Driving with the Uber app is a flexible way to earn using your own bike.It gives you the freedom to choose when, where, and how often you drive — while earning on your own terms.Driving with the Ub...Show more
    Last updated: 2 days ago • Promoted
    Manager Australian Tax Account

    Manager Australian Tax Account

    befree Global • Indore, Madhya Pradesh, India
    Job Description – Manager Australian Taxation & Accounting Specialist.Minimum 3 Years in Australian Taxation.Australian Taxation & Accounting Specialist. This role involves working closely with Aust...Show more
    Last updated: 5 days ago • Promoted
    Packaging Development Specialist

    Packaging Development Specialist

    Kimirica Hunter International • Indore, Madhya Pradesh, India
    Design, plan and execute packaging qualification programs for new and existing rigid packaging across development, scale-up and supplier change control. Perform hands-on laboratory tests and simulat...Show more
    Last updated: 30+ days ago • Promoted
    Accountant

    Accountant

    PRF • indore, madhya pradesh, in
    We’re Hiring at PRF Management Consultancy! 🌟.Join our dynamic team in Pune, India — where growth and learning never stop. Salary : Competitive, based on industry standards & candidate experience.Ma...Show more
    Last updated: 1 hour ago • Promoted • New!
    Account Manager

    Account Manager

    Paperchase Accountancy (GDC) • Indore, Madhya Pradesh, India
    We are seeking a highly skilled and experienced Finance & Accounts Manager to lead a team handling end-to-end accounting services for our UK-based clients. The ideal candidate will have a strong bac...Show more
    Last updated: 7 days ago • Promoted
    Accounting Operations Lead

    Accounting Operations Lead

    VISTRA • Indore, Madhya Pradesh, India
    At Vistra our purpose is progress.We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the ...Show more
    Last updated: 16 hours ago • Promoted • New!
    Audit Associate – Indore (On-Site)

    Audit Associate – Indore (On-Site)

    Scan Global Services • Indore, Madhya Pradesh, India
    Opportunity to work on international audit engagements.This role offers in-depth exposure to.US audit processes, global reporting standards, and PCAOB requirements. As an Audit Associate, you will s...Show more
    Last updated: 27 days ago • Promoted
    Finance Accounting Manager

    Finance Accounting Manager

    GKB Hitech Lenses Private Limited • indore, India
    Finance & Accounts Manager-GKB Hitech Lenses Pvt.Location : This roles requires relocation to Sharjah, UAE.India’s leading ophthalmic lens manufacturers, we are strengthening our financial governanc...Show more
    Last updated: 20 hours ago • Promoted • New!
    Senior Associate Management Accounts

    Senior Associate Management Accounts

    VISTRA • Indore, Indore (division), India
    At Vistra our purpose is progress.We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the ...Show more
    Last updated: 1 hour ago • Promoted • New!
    Accounting Specialist

    Accounting Specialist

    MongoDB • indore, India
    The database market is booming—IDC projects it to exceed $121B by 2025—and MongoDB is leading the charge in this transformation. As the first database company to IPO in over 20 years, we are redefin...Show more
    Last updated: 17 hours ago • Promoted • New!
    AGM / Sr. Manager - Exports

    AGM / Sr. Manager - Exports

    CCL Products (India) Limited • indore, India
    We are the world’s largest Instant coffee exporter and one of India’s fastest-growing coffee brands.With exports to over 110 countries and operations in India, Vietnam, and Switzerland, we are know...Show more
    Last updated: 19 hours ago • Promoted • New!
    SAP CO Management Accounting

    SAP CO Management Accounting

    Launch India • indore, India
    Be a part of our success story.Launch offers talented and motivated people the opportunity to do the best work of their lives in a dynamic and growing company. Through competitive salaries, outstand...Show more
    Last updated: 19 hours ago • Promoted • New!
    Senior Associate Management accounts

    Senior Associate Management accounts

    VISTRA • Indore, Madhya Pradesh, India
    At Vistra our purpose is progress.We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the ...Show more
    Last updated: 30+ days ago • Promoted
    Performance Tester

    Performance Tester

    Tata Consultancy Services • Indore, Madhya Pradesh, India
    Must have QA exp with good knowledge in Load Runner, Idea on application Servers.At least 4+ Years of experience in Performance Testing using Load Runner / Performance Center.Understand performance...Show more
    Last updated: 27 days ago • Promoted
    Senior Java Software Engineer

    Senior Java Software Engineer

    ACL Digital • indore, madhya pradesh, in
    Responsible for designing and building backend system.Focus on scalable APIs, workflow frameworks, and automation platforms that improve customer and agent experiences. Acts as a strong individual c...Show more
    Last updated: 30+ days ago • Promoted
    Account Team Lead

    Account Team Lead

    IMS Decimal • indore, India
    IMS Decimal | Job Description for Senior Executive-Taxation.Reports to : Assistant Vice President.The Financial Controller will oversee all financial and accounting operations, ensuring accuracy, co...Show more
    Last updated: 13 hours ago • Promoted • New!