12/02 HR
HR Team at Piramal Enterprises Limited

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Piramal - Manager - Accounts Payable (2-8 yrs)

Mumbai Job Code: 663842

Industry - Accounting / Finance / Audit

Category - Finance

Skills - Accounts Payable, Invoice processing, accounts reconciliation, GST, TDS

Job Type - Permanent 

Position - Manager Accounts Payable ( Foundation)

Reporting to - Team leader Accounts Payable - Global Business Shared Service

Location - Kurla

Shift - Day shift

Qualification - MBA Finance (Full Time) or Mcom or CA , ICWA

Experience :

- Full-time MBA Finance - 4-5 years, Part-Time MBA Finance - 6-7 years

- CA, ICWA , - 2-3 years of relevant experience in AP function

- For MCom - 8 years

Experience of handling 4-5 people under him/her preferred

Job Description :

- Receiving invoices from operating departments for payment processing & Ensuring all approvals for vendor payments are duly obtained

- Audit and correctly code AP Trade/IC invoices (both with & without POs)

- Audit and process employee expense reports for accuracy and compliance with company policies and procedures

- Maintain accurate records of all accounts payable transactions

- Team management - Set team member's KRAs , Review their progress , Identify their learning needs , Employee retention and career development

- Key SLA management - Ensure the all agreed service levels such as Turn around time , Accuracy, First Pass yield , On-time payment etc with business is adhered to by allocating and monitoring the work to team to balance the workload

- Ensure accurate & timely payment of vendor, employee & statutory dues

- Periodic Vendor Account Reconciliations and monthly ledger to sub-ledger reconciliations

- Analysis & collection of data for the preparation of various financial reports

- Assist in preparation of Central Excise, VAT, CST, Service Tax, PF, ESIC, Profession Tax, TDS Returns, E- Returns etc.

- Records Management

- Constantly Identify opportunities to improve the payment process.

- Identifies invoice and purchase order issues which cause reoccurring processing problems and disputed deductions. 

- Work with supervisor to challenge status quo to resolve these continuing problems. Contact the responsible parties to correct the issue, and follow up to ensure the correction was implemented.

- Maintain a systematic workflow that tracks all the incoming invoices until these are successfully paid.

- Provides extraordinary customer service to vendors and employees by resolving disputes.

- Research all items disputed relating to deduction for a shortage, cost differences, return discrepancies, accounts payable violations, terms/discounts and other miscellaneous vendor issues to establish their validity.

- Maintains an excellent level of verbal and written communication with vendors and the purchase teams.

- Operates in a "team structured" environment assisting with training and sharing expertise and information.

- Participates in developing, implementing and achieving objectives/goals with the Team Lead that are consistent with team Goals.


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Women-friendly workplace:

Maternity and Paternity Benefits

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