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Accounts Payable Manager

Employer
Cheran Group Of Companies
Location
Coimbatore Coimbatore Tamil Nadu, Tamil Nadu, India
Salary
600000 - 900000 INR per year
Closing date
Jun 25, 2024

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Job Role
Accounts Payable
Sector
Finance
Contract Type
Permanent
Hours
Full Time
1. Responsible for the day-to-day management of the accounts payable team

2. In managing the accounts payable team,

a) To ensure that the creditors ledger is operated accurately, efficiently and to agreed timescale, and ensure that the creditors are paid accurately and on time

b) To ensure smooth operation of the required payment runs and adequate checks to ensure that correct payments are made

3. To work with all finance colleagues in the preparation of the Companys annual accounts and associated lead schedules for the external audit as well as for Internal Audits

4. To be proactive and take initiatives to review and make suggestions to improve processes and procedures in relation to accounting systems, reconciliation processes and procedures in accordance with accounting policies, financial regulations and best practice

5. To be responsible for month end processes, ensuring that monthly reconciliation of Balance Sheet control and bank accounts is carried out in compliance with Companys internal control policy, taking the lead in the reconciliation of the payments bank account and other relevant control accounts, posting errors and completing year end activity to agreed deadlines

6. To keep abreast with changes in the taxation policies and other Statutory requirements that affect and assist with any required implementations on an on-going basis.

7. To take financial reports and provide regular reporting periodically on key performance indicators such as Open Bills , Advances paid , Open Purchase Orders in the System

8. The list of duties is indicative of the tasks the role holder is expected to undertake but is not exhaustive. The role holder working under the guidance of the Head of Finance and Accounts is expected to undertake any duties as assigned by the Head of Finance and Accounts as appropriate.

Qualification:

  • Preferably with M.com (Regular Stream) with at least of 10years+ of experience.
  • Experience of managing an accounts payable team in at least Medium to large organization
  • Relevant accounts payable knowledge and experience of control account reconciliations.
  • Ability to work as part of a team and independently to deliver a common goal or objective and work across team boundaries to build and strengthen working relationships
  • Ability to work with large volume of data and experience of carrying out detailed analysis of data
  • Excellent oral and written communication skills

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