Assistant Manager- Accounts Payable

Job Description

Role & responsibilities Manage and oversee the entire accounts payable department Coordinate approval process of all accounts payable invoices & Balance and reconcile accounts payable ledger Resolve vendor and supplier disputes and queries Monthly / Daily site payroll MIS checking and approval, site salaries, payments, salary payable, bonus payable and leave payable, other employee payable reconciliation & Monthly vendor provisions Ensure timely and accurate processing of payments, MSME Vendor Tracking & adherence to rules & regulations Improve and streamline accounts payable processes Prepare monthly reports and assist with month-end closing Train, guide, and evaluate accounts payable staff Comply with all company, local, state, and federal accounting and financial regulations Collaborate with the accounting team and contribute to financial audits Other Skills Extensive knowledge of accounts payable procedures and general accounting processes to ensure the smooth running of the accounts payable department. Strong organizational skills for managing invoices, payments, and resolving any discrepancies effectively. Effective communication skills to liaise with vendors, suppliers, and internal team members regarding financial matters. Proficiency in accounting software and Microsoft Office Suite, specifically Excel, to manage financial data and create reports. Strong numerical skills for accurate calculations and financial records. Ability to lead and manage a team, including training and development, to ensure a high level of performance and productivity. Problem-solving skills to identify and resolve payment discrepancies and other accounting issues. Attention to detail for accurate record keeping, transaction monitoring, and reporting. Understanding of regulatory standards and compliance related to financial and accounting practices