Assistant Manager-Accounts

Description Performance Indicators

 Accounts Payable Management

 Overseeing routine Accounts Payable team activities to ensure

 the accuracy and timeline. 100% reconciliation of vendor

 accounts.

 Vendor relationship management on time payments to

 vendors

 Define TAT for payments and ensure compliance.

 Ensure closure of day end and month end activities related to

 Accounts Payable function without deviation, as per agreed

 Time liens.

Budgets and DOAM

 Enforcing the budgets and policies and department controls.

 Adherence of DOAM.

 Identifying and implementing opportunities to optimize cost and other

company resources

Support MIS function

 Ensuring Accurate cost center postings.

 Producing analytical reports on accounts payable activity;

 including budget variances Required information/reports are provided

within the allowed time limit. Quality and correctness of the reports.

Auditing and Statutory Compliance

 Provide all the necessary clarification to the internal andexternal

auditors of Group business units. Ensuring the TDS & GST compliance and FEMA regulations.

Adherence to Company Policies and Procedures

Monitor and ensure adherence to company policies, directives and

guidelines in the planning and execution of all activities (e.g., accounting,

internal control, DOAM, HR policies etc). Support Internal Controls

function in relevant risk management aspects regarding business units

Accounting System and Process

 Process owner for designing the Accounts Payable process.

 New processes/modules in operating platform design and

 implementation of models in ERP

 Automation and process enhancements regular efforts to

 migrate manual processes to systems and enhancement of

 system processes for better service delivery

Support AOP (Annual Operating Plan)

Support the MIS and Financial planning team in preparation of annual

budget of Group business units by providing necessary inputs and

suggestions.

Team Management

Delegate and monitor Accounts Payable function goals, objectives, and

programs. Lead, Motivate and manage employees to maintain consistent

high-performance standards and efficiency and conduct performance

appraisal of subordinate employees on a periodical basis.

Training to Accounts Team Members

Identify the training requirements of Accounts Payable Team and arrange

for suitable training (both on the job and external).

5. JOB CONTEXT:

A general commentary of any aspects of the job that do not fit logically in

the other sections e.g. current projects, operating context/environment.

Leading the Accounts Payable team with timely processing of payments in

adherence to company budgets and DOAM.

Desired Profile

 CA Inter or Postgraduate in Accounting.

 5 to 10 years of corporate accounting experience (preferably in Retail

Industry)

 Minimum 2 years’ experience in Accounts Payable