Deputy Manager - Accounts Payable
Department/Function :
Finance & Accounts Location : Mumbai
Reporting To (Position) : Chief Manager - Finance & Accounts
Job Summary (The primary purpose or objectives and an overall description of the position) :
Key objectives of the position:
- Vendor Management
- Cashflow Management
- Processing Employee reimbursements
- Handling taxation compliances
- All customer refund Payments
- Ensuring bank reconciliation and timely update of bank entries
- Managing Insurance deposit payments
- Assisting in audits
- Managing entire transactions of a national repairer (receivables, payables & statutory compliances) List The Duties and Responsibilities (That are significant in achieving the objectives of the job) Vendor Management
- Ensure timely & accurate invoice booking, credit notes, debit notes in system.
- Processing outgoing payments within timelines
- Handing escalations from vendors / other teams within the organization
- Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted Cashflow Management
- Preparing daily cashflow with actual and projected payments
- Forecasting the funds required for managing all payouts Processing Employee Reimbursements (ER)
- Approving Employee Reimbursement in Darwinbox in compliance with organizational policies
- Identifying and reporting of any suspicious reimbursement requests raised by peers Handling Taxation compliances
- Preparation of monthly reporting of TDS, GST and other statutory compliances
- Ensuring timely and accurate payment of all statutory taxes
- Assisting seniors for quarterly processing of TDS returns. All customer refunds payments
- Ensuring timely payments of all customer refunds like BER, cancellation refunds, exceptional payments, etc Bank Reconciliation
- Ensuring all bank entries for all banks are passed timely and accurately in accounting software
- Monthly bank reconciliation by 1 st of next month
- Managing insurance deposit payments
- Managing daily insurance deposit payments to all insurers to comply with 64VB compliances
- Co-ordinating with different teams to ensure correct insurance deposit payments are processed
- Reconciliation with all insurance companies for payments and endorsements
- Ensure all GST credits are availed and accounted in the software Assisting in Audits
- Assisting seniors for timely closure of all audits like internal audit, statutory audit, GST audit & Tax audit Managing entire transactions of a national repairer
- Managing all 100% transactions of a national repairer (Receipts & Payments)
- Co-ordinating with different teams for timely collection of details for receipts and payments
- Assisting seniors in taxation compliances
Experience Required (Minimum relevant or equivalent industry experience required Please also state what might be desirous / advantageous)
- 4-5 years across Accounting, Taxation and Banking
Skills, Abilities and Competencies (Required to successfully perform this job) :
- Hands on Tally ERP.9
- Well versed with Microsoft Office (Excel, Word & Outlook)
- Ability to communicate with employees across levels and external vendors
- Knowledge of SAP will be an advantage
Behavioral Attributes :
- Go-Getter, self starter
- Open to ideas and eager to experiment
- Collaborative approach with ease in dealing with multiple teams
- Task focused with passion for employee experience & satisfaction
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