AddressDeputy Manager - Accounts Payable
Position/Designation - Deputy Manager - Accounts Payable
Department/Function - Finance & Accounts
Location - Mumbai
Reporting To (Position) - AVP - Finance & Accounts
Job Summary:
Key objectives of the position:
- Vendor Management
- Cashflow Management
- Processing Employee reimbursements
- Handling taxation compliances
- All customer refund Payments
- Ensuring bank reconciliation and timely update of bank entries
- Managing Insurance deposit payments
- Assisting in audits
- Managing entire transactions of a national repairer (receivables, payables & statutory compliances)
Vendor Management:
- Ensure timely & accurate invoice booking, credit notes, debit notes in system.
- Processing outgoing payments within timelines
- Handing escalations from vendors / other teams within the organization
- Reconcile the Accounts Payable ledger to ensure that all bills and payments are accounted for and properly posted
Cashflow Management:
- Preparing daily cashflow with actual and projected payments
- Forecasting the funds required for managing all payouts
Processing Employee Reimbursements (ER):
- Approving Employee Reimbursement in Darwinbox in compliance with organizational policies
- Identifying and reporting of any suspicious reimbursement requests raised by peers
Handling Taxation compliances:
- Preparation of monthly reporting of TDS, GST and other statutory compliances
- Ensuring timely and accurate payment of all statutory taxes
- Assisting seniors for quarterly processing of TDS returns.
All customer refunds payments:
- Ensuring timely payments of all customer refunds like BER, cancellation refunds, exceptional payments, etc
Bank Reconciliation:
- Ensuring all bank entries for all banks are passed timely and accurately in accounting software
- Monthly bank reconciliation by 1st of next month
Vendor Management:
- Ensure timely & accurate invoice booking, credit notes, debit notes in system.
- Processing outgoing payments within timelines
- Handing escalations from vendors / other teams within the organization
- Reconcile the Accounts Payable ledger to ensure that all bills and payments are accounted for and properly posted
Cashflow Management:
- Preparing daily cashflow with actual and projected payments
- Forecasting the funds required for managing all payouts
Processing Employee Reimbursements (ER):
- Approving Employee Reimbursement in Darwinbox in compliance with organizational policies
- Identifying and reporting of any suspicious reimbursement requests raised by peers
Handling Taxation compliance:
- Preparation of monthly reporting of TDS, GST and other statutory compliances
- Ensuring timely and accurate payment of all statutory taxes
- Assisting seniors for quarterly processing of TDS returns.
All customer refunds payments:
- Ensuring timely payments of all customer refunds like BER, cancellation refunds, exceptional payments, etc
Bank Reconciliation:
- Ensuring all bank entries for all banks are passed timely and accurately in accounting software
- Monthly bank reconciliation by 1st of next month
Managing insurance deposit payments:
- Managing daily insurance deposit payments to all insurers to comply with 64VB compliances
- Co-ordinating with different teams to ensure correct insurance deposit payments are processed
- Reconciliation with all insurance companies for payments and endorsements
- Ensure all GST credits are availed and accounted in the software
Assisting in Audits:
- Assisting seniors for timely closure of all audits like internal audit, statutory audit, GST audit & Tax audit
Managing entire transactions of a national repairer:
- Managing all 100% transactions of a national repairer (Receipts & Payments)
- Co-ordinating with different teams for timely collection of details for receipts and payments
- Assisting seniors in taxation compliances
