Manager - Accounts Payable/Accounts Receivable

Position: Accounts Payable/Accounts Receivable Manager.

Location: Mumbai, India.

Department: Finance.

Reports To: Finance Director.

Job Summary:.

- We are seeking an experienced and detail-oriented Accounts Payable/Accounts Receivable (AP/AR) Manager to join our dynamic automotive company in Mumbai.

- The AP/AR Manager will oversee the entire accounts payable and receivable functions, ensuring accurate and timely financial processing, reporting, and compliance with company policies and regulations.

Key Responsibilities:

Accounts Payable Management:

- Oversee the entire accounts payable process, including invoice processing, payment approvals, and vendor management.

- Ensure timely and accurate processing of invoices and payments to vendors.

- Review and reconcile vendor statements, resolving any discrepancies.

- Manage the month-end and year-end closing processes for accounts payable.

- Develop and implement AP policies and procedures to improve efficiency and control.

Accounts Receivable Management:

- Oversee the entire accounts receivable process, including invoicing, collections, and customer account management.

- Ensure timely and accurate processing of customer invoices and payments.

- Monitor and manage aging accounts receivable to ensure timely collections.

- Resolve customer billing issues and disputes promptly.

- Develop and implement AR policies and procedures to improve efficiency and control.

Team Management:

- Lead and mentor the AP/AR team, providing guidance and support to ensure high performance.

- Conduct regular performance reviews and provide feedback for continuous improvement.

- Foster a collaborative and positive work environment within the team.

Financial Reporting and Compliance:.

- Prepare and analyze AP/AR reports for management review.

- Ensure compliance with company policies, accounting standards, and regulatory requirements.

- Assist in the preparation of financial statements and audits.

- Maintain accurate and organized financial records and documentation.