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17/05 Parul Monga
AVP HR at Consulting Firm

Views:4071 Applications:175 Rec. Actions:Recruiter Actions:42

Head - Accounts Payable - BFSI (15-20 yrs)

Mumbai Job Code: 699019

Looking for Head Accounts Payable, MNC Bank, Mumbai

Role Responsibilities:

- The role is responsible for the management of Accounts Payable & Receivable, and involves understanding and controlling the flow of all invoices and Travel & Entertainment staff expense claims from receipt in the department, through the GSC and payment/settlement to the correct supplier / employee, as well as correct update / postings onto the bank's accounting/payment systems.

- Has authority over the end to end Accounts Payable and Operational Procurement function within the country.

- Required to understand how local regulatory matters may impact local strategy and direction.

- Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.

- Reconciling processed work by verifying entries and comparing system reports to balances

- Maintaining historical records.

- Paying employees by verifying expense reports and preparing pay checks.

- Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance.

- Preparing analyses of accounts and producing monthly reports Continuing to improve the payment process.

- Drive timely and effective invoice and T&E processing to ensure that correct accounting entries are passed feeding to the relevant General Ledgers / cost centres. Preventing inappropriate / invalid payments being made resulting in potential operational losses.

- Driving increased productivity and reduced operational costs through implementation of standardized processes.

- Ensure the implementation, maintenance and communication of accurate standardized management information. Complete variance analyses to support financial and business management.

- Provide effective management direction to foster effective selection, development and reward of subordinates.

- Manage Purchase orders and operational procurement activities.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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