GyFTR - AVP - Accounts Payable - CA (8-12 yrs)

We are looking for an experienced AVP - Accounts Payable to lead and manage the Accounts Payable function.

As the AVP, you will be responsible for overseeing the entire accounts payable process, ensuring the timely and accurate processing of payments, and managing a team of 5-7 professionals.

The role requires expertise in vendor reconciliation, taxation, ERP systems, and driving process improvement initiatives, including automation, to enhance efficiency and accuracy within the Accounts Payable department.

Key Responsibilities & Result Areas:

- Leadership & Team Management: Lead and mentor a team of 5-7 members, ensuring effective and efficient operation of the Accounts Payable department.

- Payment Processing: Ensure timely, accurate, and compliant payments to vendors and suppliers.

- Cost Booking & Accounting: Oversee the accurate booking of purchase costs and ensure adherence to accounting standards.

- Process Documentation & SOPs: Develop, implement, and maintain comprehensive Standard Operating Procedures (SOPs) for the Accounts Payable processes.

- Employee Reimbursements: Manage and streamline employee reimbursement processes, ensuring prompt processing and compliance.

- TDS Compliance: Ensure compliance with TDS regulations for all payments made, adhering to statutory requirements.

- Month-End Closing: Oversee the creation of month-end provisions and ensure strict adherence to month-end closing processes.

- Reconciliation Management: Supervise and ensure timely reconciliation of accounts and balance confirmations from suppliers.

- External Relations: Foster and maintain relationships with external clients and brands to address any payment-related queries and concerns.

- Process Improvement & Automation: Identify opportunities for process improvement, lead automation initiatives to enhance efficiency within the Accounts Payable function.

- Cross-Functional Collaboration: Collaborate with internal teams and external stakeholders to streamline operations and ensure timely, accurate financial reporting.

Qualifications & Skillset:

- CA with at least 8 years of experience (minimum 5 years in a corporate setup) or MBA with 10+ years of relevant experience in Accounts Payable (Indian Accounting).

- Strong expertise in vendor and bank reconciliation, indirect and direct taxation, GST compliance, and TDS compliance.

- Proven experience in managing month-end closing processes and reporting.

- Proficiency in ERP tools such as Tally or similar systems.

- Extensive experience in employee reimbursements and managing purchase bookings.

- Strong interpersonal and communication skills, with the ability to effectively coordinate with external clients and internal teams.

- Proven track record in process improvement and leading automation initiatives within the Accounts Payable function.

- Strong leadership and project management skills with the ability to handle multiple tasks simultaneously