Operations Manager - Accounts Payable

Position: Operations Manager - Accounts Payable

Work Level: Middle Management

Industry Type: BFSI (Banking, Financial Services, and Insurance)

Function: Operations Manager

Job Summary:

We are seeking a results-focused Operations Manager with expertise in Accounts Payable (AP) and Indirect Taxation (GST, TDS) to join a leading Workassist Hiring Partner in the BFSI sector.

This Middle Management role requires a high degree of Collaboration with Tax and outsourced partners, effective Allocation of Resources, and strong governance over vendor payment processes.

The manager will be responsible for ensuring regulatory compliance, service provider performance, and the integrity of AP-related General Ledger accounts.

Key Responsibilities:

Compliance and Taxation Governance:

- Lead the monitoring of GST and TDS related regulatory compliances associated with all Vendor Payments, ensuring zero non-conformance.

- Partner with the Tax team to ensure the timely and accurate submission of various statutory returns and related schedules.

- Provide expert guidance on Indirect Taxation issues impacting the Accounts Payable function.

Operations Oversight and Vendor Management:

- Actively monitor the performance of the Outsourced Service Provider against established Service Level Agreements (SLAs), driving continuous improvement and efficiency.

- Support the daily vendor payments processing function as and when required to achieve agreed TAT (Turnaround Time) targets.

- Effectively manage the Allocation of Resources within the internal and outsourced teams to ensure all critical tasks and compliance deadlines are met.

Financial Integrity and Reporting:

- Perform technical certification of GLAO (General Ledger Account Ownership) accounts specifically related to AP (Accounts Payable), ensuring balance sheet integrity.

- Generate and manage key MIS (Management Information System) reports related to vendor payments, compliance status, and operational performance.

Qualifications:

Experience: Relevant experience in Accounts Payable Operations within the BFSI or highly regulated corporate sector.

Core Expertise: Mandatory strong practical knowledge of Account Payable, GST, and Indirect Taxation.

Process Skills: Proven ability to manage outsourced vendor performance against strict SLAs.

Education: Graduate degree, Post-graduate/MBA preferred