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01/10 Rubbi
Partner Sourcing- AGI at Live Connections Placements Private Limited

Views:240 Applications:51 Rec. Actions:Recruiter Actions:49

Lead - Payables - SaaS (10-13 yrs)

Bangalore Job Code: 1163094


Looking for Candidates from SAAS based companies ONLY

Location : Bangalore

Role reporting into : Finance Controller

Does this role have direct reports : Yes. 4-5 person.

Job Responsibilities :

Improving and monitoring of operational and economic performance:

- Searches for areas in which productivity could be improved and optimizes the cost/efficiency ratio of operational processes and Metrics.

- Develop a deep understanding of organization products, customer use cases, competitive solutions and the industry landscape.

- Own, prepare and publish periodic dashboards on payable management with all relevant KPI's.

- Lead, provide direction, supervise Accounts Payable Function for organization across globe.

- Build issues / error resolution mechanism and ensure timely payments to all stakeholders.

- Timely processing of all employees related travel and other claims.

- Ownership of Bank reconciliation process.

- Providing all necessary support with periodic book close process.

- Augment in the daily cash management & forecasting process.

- Actively looking for constant process improvement and productivity enhancement of the team.

- Providing support to other team members and management on all other ad-hoc requirements.

- Identify tools and automation requirements to improve productivity of team members.

Monitoring commitments and risk management:

- Helps to manage risks and litigation and supervises their resolution.

- Own Accounts Payable SOP.

- Build process / checks for verifying duplicate payments.

- Develop anti - fraud controls for payments/ invoicing process.

- Ensuring invoices have been verified with PO, GRN / SRN, Quality Report / Service Utilization Report before pushing to the payments queue.

- Ensuring all system controls are in place.

Contribution to accounts:

- Contributes to the quality of the function by providing information on any element or event likely to have an impact on the result.

- Takes responsibility to ensure the coherence of operational indicators and financial results in monthly financial reports.


- Ensuring TAT for all payments.

- At least 80% invoice (value and volume) to be paid on time.

- Ensuring complete compliance with "ZERO" exceptions with GST, TDS, VAT, Customs, and other regulatory compliance's associated with payments.

- Ensuring timely payment to MSME vendor/Priority vendor/Utility/Employee on or before due date.

- Periodic review of clearing accounts. No items to be open beyond 30 days.

- Periodic vendor reconciliation (at least 10 in a quarter), TDS and GST reconciliation (as per requirements).

- Ensure function is anytime audit ready. Ensure Internal Financial Controls in place.

- Builds and presents the business plans

External corporate relations:

- Customers, suppliers, tax authorities, auditors, banks.

- Relationship building with associated Banking partners.

What you'll need:

- Strong accounting background with analytical skills.

- Have relevant experience in managing P2P workflow.

- Experienced in working with new age applications and tools related to P2P process.

- Excellent with MS Excel ; able to visualize & standardize monthly / quarterly financial dashboards / reports.

- Ability to manage volume with accuracy.

- Ability to lead a team of 7 to 10 people by setting all right examples.

- Ability to manage consultants for processing, tax filing and other associated

- Good verbal & written communications skills along with strong listening and presentation skills.

- Ability to multi-task, prioritize, and manage time effectively.

- Possesses an energetic and friendly demeanor for being a great collaborator.

- CA/ICWA Inter, MBA/B. Com & M. Com with minimum 10 years of relevant experience.

Women-friendly workplace:

Maternity and Paternity Benefits

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