Accounts Payable Executive

EXECUTIVE-BILLS PAYABLE Function Finance Pay Band M1 Role Accounts Payable & R2R: Core duties include timely and compliant payment processing, managing price amendments, manpower related activities and overseeing audit and MIS activities. This ensures accurate financial records and supports informed decision-making. A purpose driven role for you Procure to Pay & Record to Report– ● Invoice verification including ensuring timely payment to vendors in adherence to internal policies and SOP’s. ● Preparation of vendor reconciliations on a regular basis. ● Booking of various plant related costs e.g., manpower costs; manufacturing costs; overheads etc. ● Fixed asset management ● Plant level Kaizen through various cost & process optimization projects Statutory Compliances: - ● MSME Compliances ● Cost Audit ● GST Compliance w.r.t ITC, filing of GSTR returns on due dates, 180 days’ payment compliance, periodic HSN review etc. ● Ensuring proper TDS deduction and TCS collection as per Income Tax Act. DOA Compliances and Internal Controls: - ● Ensuring that all transactions comply with Delegation of Authority (DOA) without any exception ● Regular monitoring of vendor/ employee debit and credit balances including ageing of advances given to vendors and clearing of the same. Audit & MIS (Management Information System): ● Provisioning of expenses & other related book keeping work. ● Prepare audit schedules for the smooth closure of various audits. ● Prepare variances for audit purposes and related analytics to ensure the accuracy of financial books. ● Develop and maintain comprehensive MIS reports on audit findings, variance analysis, and key performance indicators (KPIs) related to accounts payable and R2R, providing actionable insights to management for decision-making and process optimization. Price Amendments: ● Computation & Booking of price amendment debit & credit notes. ● Preparation of provision schedule for month/ quarter closing. ● Analytics & MIS: Analysing the price change impact, reconciliation with the books and verifying the reasons for any unusual movements. A Day in the life Core duties include timely and compliant payment processing, managing price amendments, manpower related activities and overseeing audit and MIS activities. This ensures accurate financial records and supports informed decision-making. Academic Qualification & Experience CA Inter/ CMA Inter/ MBA Finance 10-15 Years in the manufacturing Industry Technical Skills/Knowledge Indepth knowledge of accounting processes, TDS, GST, MSME rules etc ● SAP, MS Office, Power point ● Strong Analytical Skills Behavioural Skills Proactive, self-motivated, teamwork, problem solving aptitude What will it be like to work for Hero About Hero Experience Level Executive Level