Loom Solar - Manager - Accounts Payable

Job Summary:

- We are seeking a detail-oriented and experienced Payables Manager to oversee our accounts payable function.

- The ideal candidate will ensure timely, accurate processing of all payments, maintain strong vendor relationships, and implement best practices for managing cash flow, compliance, and reporting.

Key Responsibilities:

- Manage end-to-end accounts payable process including invoice processing, vendor payments, and reconciliation.

- Ensure timely and accurate payments to vendors and service providers while optimizing cash flow.

- Review and approve payment runs in accordance with internal controls and authorization limits.

- Maintain accurate records of all payable transactions and support monthly and annual financial close activities.

- Coordinate with procurement, operations, and finance teams to resolve invoice discrepancies or disputes.

- Oversee TDS, GST, and other statutory compliance related to vendor payments.

- Develop and maintain strong relationships with key vendors to ensure smooth operations and resolution of issues.

- Monitor aging reports and proactively address outstanding payables.

- Implement automation and process improvements to streamline the payable cycle.

- Lead, train, and supervise junior finance team members involved in accounts payable.

Requirements:

Key Requirements:

- Degree in Accounting, Finance, or a related field (MBA Finance preferred).

- Minimum 5+ years of experience in accounts payable or similar finance role.

- Strong understanding of Indian taxation (GST, TDS) and compliance.

- Proficiency in accounting software (Tally ERP, Zoho, SAP, or similar).

- Excellent analytical, communication, and problem-solving skills.

- High attention to detail and ability to manage multiple priorities in a fast-paced environment.