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GM - Accounts Payable
GM - Accounts PayableConfidential • indore, madhya pradesh, in
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GM - Accounts Payable

GM - Accounts Payable

Confidential • indore, madhya pradesh, in
2 days 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.
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