Assistant Manager Accounts Payable

Our client, a leading manufacturing company, is seeking a dynamic and detail-oriented individual to join their finance team as Assistant Manager – Accounts Payable. The selected candidate will oversee the end-to-end payables function, ensure compliance with accounting standards and internal controls, and support continuous process improvements to drive efficiency and accuracy across operations.

RESPONSIBILITIES:

• Manage the full accounts payable cycle, ensuring accurate and timely booking of invoices, reconciliation, and vendor payments.
• Monitor GR/IR balances, follow up on pending items, and coordinate with internal departments and vendors to resolve discrepancies.
• Prepare and analyze various MIS reports such as Payables MIS, Payment Efficiency, and GRIR Open Status.
• Support month-end, quarter-end, and year-end closing processes, including preparation of necessary provisions.
• Assist in preparing OPEX budgets and monitor cost variances between actual and budgeted figures.
• Ensure compliance with accounting standards, corporate laws, and internal financial controls.
• Collaborate with internal and statutory auditors, ensuring timely completion of audits (Statutory, Internal, Stock, Limited Review, etc.).
• Develop and enhance reporting automation through SAP scripting and Excel macros for efficiency and accuracy.
• Contribute to process improvement initiatives, including SOP creation, Kaizens, and KPI tracking aligned with organizational goals.