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Associate Manager – Accounts Payable (Indirect Cost Analysis)

Associate Manager – Accounts Payable (Indirect Cost Analysis)

Phonepe

2 - 3 years

5 - 9 Lacs

Bengaluru

Posted:1 week ago| Platform:

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Skills Required

accounting erp systems stakeholder management financial reporting asset accounting accounts payable erp oracle forecasting power bi microsoft dynamics invoice processing cost allocation budgeting cost accounting cost analysis closure taxation

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Summary:
The AP Assistant Manager will be responsible for the month-end closure of indirect costs, cost analysis, and coordination with relevant stakeholders to ensure accurate financial reporting and cost control. The role requires strong analytical skills, a deep understanding of accounting principles, and the ability to work collaboratively across departments.
Key Responsibilities:

Indirect Cost Closure & Month-End Activities:

Ensure timely and accurate month-end closure of indirect costs .

Review and validate accruals, prepayments, and indirect cost provisions to ensure proper accounting treatment.

Reconcile indirect cost accounts and ensure no unexplained variances.

Ensure all vendor invoices related to indirect costs are processed in a timely manner.

Cost Analysis & Reporting:

Conduct a detailed analysis of indirect costs for various entity & cost centres.

Provide insights into cost drivers, trends, and variances to support decision-making.

Work closely with the FP&A team to support budgeting and forecasting of indirect costs.

Stakeholder Coordination & Query Resolution:

Act as a liaison between finance, procurement, business teams, and vendors for indirect cost-related matters.

Coordinate with internal stakeholders to gather supporting documents for accruals and cost allocations.

Ensure smooth communication with external vendors to resolve invoice discrepancies, payment issues, and contract-related clarifications .

Collaborate with auditors during statutory, tax, and internal audits , providing necessary documentation and explanations.

Process Improvement & Compliance:

Identify process gaps and inefficiencies in indirect cost accounting and drive improvements.

Support automation initiatives to streamline invoice processing and indirect cost tracking.

Ensure adherence to company policies, accounting standards, and regulatory requirements .

Key :
Education & Experience:

Chartered Accountant CA qualification.

2-3 years of experience in Accounts Payable, Cost Accounting, or Financial Reporting.

Prior experience in handling indirect cost closure, cost analysis, and stakeholder coordination is preferred.

Technical
Skills:

Strong understanding of accrual accounting, indirect cost allocations, and financial reporting .

Proficiency in ERP systems (Dynamics 365, Oracle, or any other relevant tool) .

Hands-on experience with MS Excel, Power BI, or other data analysis tools for cost reporting.

Soft
Skills:

Excellent analytical and problem-solving skills .

Strong communication and stakeholder management abilities.

Ability to handle multiple priorities, work under tight deadlines, and drive process improvements .

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance

Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System

Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program

Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy

Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment

Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy

Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.
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Associate Manager – Accounts Payable (Indirect Cost Analysis)