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Assistant Manager - Accounts Payable

Assistant Manager - Accounts Payable

ConfidentialBengaluru / Bangalore
7 days ago
Job description

Role & responsibilities

1. Reporting and Actualization :

  • Prepare, review, and distribute accurate financial reports related to Accounts Payable activities.
  • Ensure timely actualization of expenses, invoices, and payments into the financial system.
  • Track and report on all outstanding liabilities, accruals, and provisions monthly.
  • Maintain and analyze AP aging reports and reconciliation.

2. Provisioning and Forecasting :

  • Lead the process for monthly accruals and provisioning for unprocessed invoices, ensuring alignment with accounting standards.
  • Collaborate with the Business finance team to analyze variances and adjust provisions accordingly.
  • 3. Compliance and Internal Controls :

  • Ensure compliance with internal policies, SOX, and regulatory requirements related to Accounts Payable processes.
  • Implement and monitor internal controls for the AP process to prevent fraud and ensure data accuracy.
  • Prepare for and assist in internal and external audits by providing required reports and documentation.
  • 4. Process Improvement :

  • Identify inefficiencies in the AP reporting process and develop solutions for improvement.
  • Lead automation projects for reporting tools to increase efficiency and accuracy.
  • Work closely with IT and finance departments to optimize systems and data management for reporting purposes.
  • Preferred candidate profile

  • Bachelors degree in accounting , Finance, or a related field.
  • 5+ years  of experience in Accounts Payable, financial reporting, or a similar role.
  • Strong understanding of accounting standard.
  • Proven experience with  AP systems , ERP software (e.g., Oracle, etc.).
  • Advanced skills in  MS Excel  (pivot tables, VLOOKUP, data analysis).
  • Knowledge of internal controls, SOX compliance, and audit procedures.
  • Excellent analytical skills with strong attention to detail.
  • Experience in team leadership or management is a plus.
  • Strong communication and problem-solving skills.
  • Skills Required

    Audit, Ms Excel, Data Analysis, Financial Reporting, Accounts Payable

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    Assistant Account • Bengaluru / Bangalore