Indkal Technologies Reviews by Employees

Area Sales Manager

Company Overview Indkal Technologies is a fast-growing Indian consumer electronics and home appliances company, founded in 2020 and headquartered in Bengaluru. The company operates under global trademark licensing agreements for brands such as Acer and Black & Decker, and has also introduced its in-house brand Wobble. With a strong emphasis on 'Make in India', the company manufactures over 70% of its product range locally and aims for 90% localization by end of 2024. Indkal's diverse product portfolio includes Smart TVs, Air Conditioners, Washing Machines, Smartphones (launched May 2025), and TWS Audio Products. Indkal is currently present in 12,000+ retail stores across India and is on a path of aggressive growth, aiming to become one of the leading players in the Indian consumer electronics space. Job Summary: We are looking for a meticulous Manager - Payables to manage the accounts payable function, oversee vendor relationships, and ensure accurate bank reconciliation processes. This role will ensure timely payments, optimize AP processes, and maintain strong relationships with suppliers. The ideal candidate will possess strong organizational skills, experience in AP management, and the ability to work collaboratively with finance and procurement teams. Key Responsibilities: Accounts Payable Management: - Ensure accurate and timely processing of all vendor invoices, adhering to the established payment schedule. - Oversee the accounts payable aging report, managing timely payments and addressing any outstanding dues. - Review and reconcile vendor accounts regularly, maintaining accurate and up-to-date records. Bank Reconciliation: - Perform monthly bank reconciliations to ensure alignment between bank statements and internal financial records. - Investigate and resolve discrepancies between bank transactions and accounts payable records promptly. - Collaborate with the finance team to maintain accurate cash position reporting and improve reconciliation efficiency. Vendor Relationship Management: - Maintain strong relationships with key vendors, promptly addressing and resolving payment issues. - Negotiate favorable payment terms with suppliers to optimize cash flow and working capital. - Conduct periodic reviews with suppliers to ensure alignment and foster a positive vendor network. Process Optimization and Policy Implementation: - Develop and enforce AP policies, ensuring compliance with company standards. - Continuously improve the AP process by identifying and implementing efficiency enhancements. - Implement automation in AP workflows to reduce manual effort and improve accuracy. AP Reporting and Analysis: - Prepare accounts payable aging reports, analyzing data for trends and opportunities for improvement. - Track KPIs related to payables, providing insights to finance leadership for strategic decisions. - Collaborate with FP&A and treasury teams to forecast cash needs based on AP schedules. Month-End Close Support: - Support the month-end close process by reconciling AP ledgers with the general ledger. - Ensure the accurate reporting of liabilities in financial statements. - Assist with internal and external audits, providing necessary documentation and reconciliations related to payables. Preferred Candidate Profile: Education: Bachelor's degree in Accounting, Finance, or a related field. Experience: 6-8 years in accounts payable or a related finance function, with experience in consumer durables or e-commerce preferred. Strong organizational and reconciliation skills, particularly in bank reconciliations and AP management. Proficiency in Microsoft Excel and experience with accounting software are essential, with familiarity in process optimization and vendor management.

Bangalore

Manager - Payables - Consumer Durables/eCommerce - CA 

Job Description for Manager - Payables - Consumer Durables/eCommerce - CA  in Indkal Technologies Pvt Ltd in  Bangalore for (6-8) years of experience. Apply Now!