Assistant General Manager - Finance - Accounts Payable - Manufacturing

Role: AGM, Finance (Accounts Payables, SSC)

Company: Listed manufacturing company (steel)

Location: Raigarh, Chhattisgarh

Overview:

Lead and manage the end-to-end invoice processing function, ensuring operational efficiency, regulatory compliance, and process excellence.

Drive strategic initiatives for automation, quality assurance, and policy adherence while mentoring the team and acting as a key liaison with cross-functional departments and senior leadership.

Responsibilities:

- Lead and manage end-to-end invoice processing for PO-based, non-PO-based, DPR, LC, and import invoices, ensuring accuracy, timeliness, and compliance with internal controls, GST, SOX, and relevant financial regulations.

- Oversee and optimize invoice workflows, including 3-way/2-way matching, exception handling, and resolution of discrepancies such as blocked invoices, pricing/quantity variances, and GR/IR clearing, collaborating with procurement, receiving, treasury, and HR teams.

- Drive automation initiatives and system enhancements in collaboration with IT and ERP teams (SAP Hana, Nimble, Vendor invoice management tools) to improve invoice posting accuracy and efficiency.

- Mentor and lead the invoice processing team, fostering high performance, knowledge sharing, and adherence to best practices while managing escalations and acting as the primary liaison for business unit queries.

- Monitor and analyze invoice processing performance metrics, SLA adherence, aging, and blocked invoice reports; prepare and present comprehensive reports and strategic insights to the AP SSC Head.

- Ensure audit readiness and quality assurance by maintaining thorough documentation, supporting internal and external audit processes, and continuously improving process controls and SOPs.

- Collaborate with finance teams to support AP sub-ledger reconciliations, month-end accruals, and financial close activities in alignment with organizational goals.

- Champion compliance with statutory requirements including GST, tax certificates, 15CA/CB forms for imports, internal AP policies, and regulatory guidelines to maintain operational integrity and risk mitigation.

Qualification/ Experience/ Skills:

- Candidate must be MBA (finance), CA or CWA qualified.

- 8 to 12 years of progressive experience in accounts payable, invoice processing, or related finance roles, ideally in GCC or multinational environments.

- Proven track record in handling complex invoice processing operations and leading teams.

- Experience in process improvements, compliance, and automation within invoice processing.

- Professional certifications in finance, accounts payable or procure-to-pay (P2P) functions are desirable.

- Proficiency in ERP systems especially SAP Hana and invoice management automation tools.

- Deep understanding of invoice verification, 3-way matching, internal controls, and GST compliance.

- Advanced skills in Microsoft Excel, data analysis, and dashboard/reporting tools (Power BI, SAC).

- Knowledge of Ind AS and applicable regulations impacting invoice processing.