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Accounts Payable Specialist
ServifyMumbai, Maharashtra, India23 days ago
Job descriptionAssess 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. 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. 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. 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.
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
Audit & IFC
Commerce & Business Support
Leadership & Team Development
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Account Specialist • Mumbai, Maharashtra, India
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