Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Testbook.com Team. If you also belong to the team, you can get access from here

Testbook.com Verified Tick

Compare button icon Compare button icon Compare
filter salaries All Filters

49 Testbook.com Jobs

Testbook.com - Manager - Accounts Payable/Accounts Receivable (4-11 yrs)

4-11 years

Testbook.com - Manager - Accounts Payable/Accounts Receivable (4-11 yrs)

Testbook.com

posted 2mon ago

Job Description

Manager - Accounts Payable/Accounts Receivable


Responsibilities:


- The AP and AR Manager will oversee the end-to-end accounts payable and accounts receivable processes. Timely and accurate processing of invoices, payments, and collections. You'll be required to do it all, while maintaining effective communication with vendors, clients, and internal teams.

- As an AP and AR Manager, we're counting on you to manage the cash flow, maintain accurate financial records, and ensure compliance with company policies and applicable regulations.

Here's more details on what we'll need from you:

Accounts Payable (AP) Management:

- Oversee the day-to-day operations of the AP team, including processing supplier invoices, ensuring accuracy, and managing approval workflows.

- Ensure timely and accurate processing of vendor payments, taking advantage of discounts where applicable.

- Monitor the aging of accounts payable and resolve issues related to vendor invoices and payments.

- Maintain relationships with key vendors and handle escalated payment or invoice inquiries.

- Reconcile AP accounts and prepare month-end AP reports.

- Implement and maintain internal controls over the AP process.

- Ensure compliance with all regulatory requirements, including tax and audit requirements.

Accounts Receivable (AR) Management:

- Oversee the AR process, including invoicing, collections, and cash applications.

- Monitor the aging of accounts receivable and follow up on overdue accounts to ensure timely collections.

- Resolve discrepancies and disputes with customers related to billing and payment issues.

- Work closely with sales, customer service, and finance teams to resolve outstanding issues and maintain strong customer relationships.

- Prepare and analyze AR aging reports, cash flow forecasts, and bad debt reserves.

- Implement policies and procedures to improve collection efforts and reduce days sales outstanding (DSO).

- Ensure compliance with all internal policies and relevant accounting standards.

Leadership and Team Management:

- Lead, mentor, and develop the AP and AR teams, providing training and performance evaluations.

- Promote a culture of continuous improvement by identifying opportunities for process enhancements and automation.

- Work closely with the finance leadership team to support financial audits, budgeting, and reporting processes.

Systems and Process Improvements:

- Manage the implementation and maintenance of financial systems related to AP and AR functions.

- Collaborate with IT and other departments to drive automation, improve efficiency, and ensure data accuracy.

- Recommend and implement process improvements to streamline workflows, reduce errors, and enhance overall financial performance.

Reporting and Analysis:

- Prepare and present regular reports on AP and AR performance, cash flow, and key metrics to senior management.

- Assist in the preparation of monthly, quarterly, and annual financial reports.

- Provide insights and analysis to support strategic decision-making related to vendor management, credit policies, and working capital optimization


Functional Areas: Other

Read full job description

Prepare for Manager - Accounts Payable roles with real interview advice

Top Testbook.com Manager - Accounts Payable Interview Questions

Q1. How many keywords can be placed in an article? Suppose I gave you all the keywords. How much will you put an article?
Q2. What is SEO, in your opinion? Any idea how ranking works?
Q3. How did you arrive at this conclusion of word count?
View all 30 questions

What people at Testbook.com are saying

What Testbook.com employees are saying about work life

based on 581 employees
72%
41%
84%
98%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Testbook.com Benefits

Work From Home
Job Training
Soft Skill Training
Team Outings
Education Assistance
Health Insurance +6 more
View more benefits

Compare Testbook.com with

BYJU'S

3.1
Compare

Unacademy

3.0
Compare

upGrad

3.7
Compare

MeritNation

3.6
Compare

Toppr

3.4
Compare

Adda 247

3.2
Compare

BYJU'S Exam Prep

3.7
Compare

Edukart

5.0
Compare

Simplilearn

3.2
Compare

Embibe

3.5
Compare

Planet Spark

3.7
Compare

FastInfo

4.1
Compare

Skill Lync

3.1
Compare

LEAD School

3.3
Compare

NxtWave

3.8
Compare

Scaler Academy

3.7
Compare

Great Learning

3.7
Compare

Lido Learning

2.3
Compare

BrightCHAMPS

3.7
Compare

Evelyn Learning Systems

3.9
Compare

Similar Jobs for you

Manager - Accounts Payable at Testbook.com

3-10 Yrs

₹ 8-20 LPA

Manager - Accounts Payable at Valkyrie People Consulting

5-7 Yrs

₹ 12-16 LPA

Accounts Receivable at Ubona Technologies

4-6 Yrs

₹ 9-12 LPA

Assistant Manager Finance at HTIC Global

5-12 Yrs

₹ 10-15 LPA

Accounts Payable at Beyoung

6-11 Yrs

₹ 12-16 LPA

Manager - Accounts Payable at Feasible Technologies

4-5 Yrs

₹ 9-12 LPA

Accounts Receivable at CNH

7-10 Yrs

₹ 20-30 LPA

Accounts Receivable at Rashmi Group Of Companies

5-8 Yrs

₹ 10-24 LPA

Accounts Payable Specialist at Symsafe Systems Pvt. Ltd.

4-6 Yrs

₹ 12-18 LPA

Accounts Payable at System Soft Technologies India Private Limited

5-8 Yrs

₹ 10-12 LPA

Testbook.com Navi Mumbai Office Location

View all
Navi Mumbai Office
Headquarter
Testbook Edu Solutions Pvt. Ltd. 1st & 2nd Floor, Zion Building, Plot No. 273, Sector 10, Kharghar Navi Mumbai
410210

Hostel Warden

1-4 Yrs

Bangalore / Bengaluru

1d ago·via naukri.com

Category Manager - SSC/ Railways/ UPSC

3-4 Yrs

Noida

21d ago·via naukri.com

Executive - Happy Students

0-3 Yrs

Bangalore / Bengaluru

29d ago·via naukri.com

Senior Business Development Executive

1-5 Yrs

₹ 5 - 9.5L/yr

Noida

29d ago·via naukri.com

SME Mathematics - US SAT and ACT Exams

0-3 Yrs

Noida

1mon ago·via naukri.com

content writer intern -k12

2-5 Yrs

New Delhi

1mon ago·via naukri.com

Content Writer

1-5 Yrs

New Delhi

1mon ago·via naukri.com
write
Share an Interview