Manager : Accounts Payable Full Time NEW

Manager – Accounts Payable

Function

Accounts

Reporting to

Regional Controller

• Purpose

Lead all activities pertaining to accounts payable in the region

• Key Responsibilities

Responsibilities

Operational

• Ensure all accounts payable transactions in the region and adherence to set standards for Accounts Payable process
• Ensure timely payments through effective implementation of all key processes within Accounts Payable function in the region which includes Bill Booking, Invoice Verification and Payments
• Ensure timely and accurate payment processing to PDAs, DAs and RSPs in line with agreements
• Coordinate with the Regional Fleet to monitor all contracts with vehicle suppliers and maintenance contracts and conduct payment processing as per the contracts; tally payments with bills raised in the GNMS system
• Ensure timely and accurate processing of payments for all regional materials procurement (i.e. other than Capex procurement)
• Liaise with the government officials to process all payments related to tax on the movement of goods, interstate levies, octroi, N-form payments, customs duties etc. as per the defined regulatory norms
• Ensure effective maintenance of records of accounts payable for analysis of variances and tracking with respect to regional budget
• Ensure compliance to statutory requirements and respond appropriately to audit queries
• Key Result Areas and Key Performance Indicators

S. No.

Key Result Areas

Key Performance Indicators

Adhere to set standards for Accounts Payable Process

• Adherence to SLAs and standards for Accounts Payable process

Ensure efficiency in accounts payable process

• % timely payments made to PDAs, DAs, RSPs, etc.
• Adherence to timelines for regulatory payments

Maintenance of documentation and record keeping

• Number of deviations observed in documentation requirements

Ensure performance driven culture

• Adherence to performance management system timelines and guidelines