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Senior Accounts Payable

Senior Accounts Payable

Servifyvisakhapatnam, India
22 hours ago
Job description

Key Responsibilities :

Payable Management

  • Lead end-to-end Accounts Payable operations, including invoice booking, purchase orders,

vendor reconciliation (stock, wallet, CN / DN, invoicing), and payment processing through banks.

  • Ensure accurate and timely processing of GST reconciliation and monthly TDS payments.
  • Manage vendor accounts, including reconciliations with partners for both receivable & payable.
  • Conduct periodic analysis of accounts (monthly / quarterly / annually) to ensure accuracy and

    • completeness of provisions.

  • Drive automation, ERP utilization (Oracle / SAP), and process standardization.
  • Oversee working capital management, cash flow optimization, and risk controls.
  • Implement best practices in shared service / outsourcing governance.

    • Inventory Control

  • Assess the current inventory control framework and identify process gaps.
  • Standardize inventory control processes for better accessibility and transparency during monthly MIS and statutory audits.
  • Oversee preparation of receipts, consumption records, and accounting of inventory transactions.
  • Ensure accuracy of inventory balances and reporting for compliance and decision-making.

    • Audit & IFC

  • Coordinate with internal and external auditors to ensure smooth facilitation of statutory, tax,

    • and internal audits.

  • Prepare monthly and annual closure of books of accounts, ensuring accuracy and timeliness.
  • Manage ERP period-end closure activities and reconciliations.
  • Support the creation of MIS reports and ensure timely submission to stakeholders.

    • Commerce & Business Support

  • Manage invoicing and creation of E-way bills for commerce and BOSE operations.
  • Prepare receivables and collection follow-up reports.
  • Support preparation of GST returns, expense tracking, and MIS reporting.
  • Collaborate with business teams to provide financial insights and support decision-making.

    • Leadership & Team Development

  • Lead and mentor a high-performing team, ensuring capability building and succession planning.
  • Define KPIs, monitor team performance, and ensure adherence to SLAs.
  • Foster a culture of continuous improvement, compliance, and operational excellence.

    • Qualification & Skills :

    Education : CA / CMA / MBA (Finance) preferred with strong AP & audit experience may be considered.

    Experience : 10–12 years in Accounts payable, with at least 4-5 years in a leadership role managing AP and

    inventory control in Technology Services / Shared Services / IT industries.

    Strong expertise in vendor reconciliation (stock, wallet, CN / DN, invoicing).

    In-depth knowledge of GST, TDS, and other statutory compliance.

    Proficiency in ERP systems (Oracle / SAP – mandatory). Preferably Oracle Fusion ERP software.

    Advanced Excel skills (pivot tables, dashboards, macros, data modelling)

    Excellent communication, negotiation, and stakeholder management skills

    Strong analytical ability with focus on automation, efficiency, and process improvement.

    Well versed with handling a team of 5 -7 employees and deal with the multiple departments.

    Internally motivated to seek out answers, generate ideas and develop new skills.

    Willing to adapt quickly and work under pressure.

    Key Competencies :

  • Strategic & Analytical Thinking
  • Vendor & Stakeholder Management
  • Risk Management & Internal Controls
  • Process Orientation & Compliance Mindset
  • Leadership & Team Development
  • Technology & Automation Focus
  • Excellent Communication, Interpersonal & Negotiation Skills
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    Senior Account • visakhapatnam, India

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