Posted By
367
Posted in
Banking & Finance
Job Code
1623029
Head - Accounts Receivables & Accounts Payable
Role Overview
The Accounts Head AR & AP will be responsible for overseeing the complete accounts payable and receivable cycles, driving process efficiency, compliance, and financial accuracy.
This role involves managing large cross-functional teams, implementing automation initiatives, ensuring effective working capital management, and providing senior leadership with actionable financial insights.
Key Responsibilities
- Lead and manage the Accounts Receivable (AR) and Accounts Payable (AP) departments to ensure accuracy, timeliness, and compliance.
- Oversee invoice processing, vendor payments, reconciliations, collections, and credit management.
- Develop and implement accounting policies, procedures, and internal controls to ensure strong financial governance.
- Monitor working capital, DSO (Days Sales Outstanding), and payables turnover to maintain financial health.
- Ensure adherence to statutory compliances, GST, TDS, and accounting standards (Ind AS / IFRS).
- Collaborate with Finance, Treasury, Procurement, and Operations for seamless financial coordination.
- Review aging reports, resolve discrepancies, and manage escalations effectively.
- Drive automation and process optimization using ERP and technology tools.
- Conduct internal audits to identify risk areas and strengthen financial controls.
- Mentor, lead, and develop a high-performing accounts team, ensuring capability building and succession planning.
- Provide financial analysis and insights to senior management for decision-making and performance tracking.
- Liaise with banks, statutory auditors, and external stakeholders for financial reporting and audit requirements.
- Support budgeting, forecasting, and cost efficiency initiatives across departments.
- Ensure timely monthly, quarterly, and annual financial closures with zero discrepancies.
Key Requirements
- CA-qualified professional (mandatory) or MBA (Finance) with 18+ years of progressive experience.
- Strong expertise in Accounts Receivable and Accounts Payable management in a mid-to-large-scale organization.
- Proven experience leading large finance teams and implementing best-in-class financial processes.
- Comprehensive understanding of GST, TDS, accounting standards, and statutory reporting.
- Excellent leadership, interpersonal, and stakeholder management skills.
- Proficiency in ERP systems (SAP / Oracle / Tally Prime) and advanced Excel.
- Strong analytical mindset with attention to detail and problem-solving orientation
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Posted By
367
Posted in
Banking & Finance
Job Code
1623029
