DGM- Accounts Payable

Job Description

Job Description Leadership and Management: . Lead and mentor the accounts payable and payroll teams, fostering a collaborative and high performance culture. . Develop and implement departmental goals, objectives, and policies. Accounts Payable Oversight: . Manage the accounts payable process, ensuring accurate and timely payment of vendor invoices. . Establish and adherence to TAT for each process step with maintaining Integrity and confidentiality in payments. . Establish and maintain relationships with vendors and stakeholders to facilitate efficient payment processes. . Oversee the reconciliation of accounts payable ledgers and resolve discrepancies. . Administration of Inter-Company transaction and Balance reconciliation. Payroll Administration: . Direct and oversee the payroll function, ensuring accurate and timely payroll processing for all employees. . Ensure compliance with central, state, and local payroll regulations and tax requirements. . Implement and maintain payroll systems and software for efficiency and accuracy. Financial Reporting: . Prepare and analyse financial reports related to accounts payable and payroll activities. . Monitor cash flow related to accounts payable and payroll expenditures. . Timely managing monthly closing process consisting of prepaid, provisions, inter-company balances, GL to sub ledger balances etc. Compliance and Controls: . Ensure compliance with Company Delegation of financial powers, accounting principles, company policies, and applicable laws. . Implement internal controls to mitigate risks and enhance the integrity of financial processes. . Completion of Audits in efficient and timely manner. Process Improvement: . Identify opportunities for process improvements within accounts payable and payroll functions. . Lead initiatives to automate and streamline processes to increase efficiency. Collaboration: . Work closely with other Finance verticals, HR, and other departments to ensure alignment on financial and operational objectives. . Participate in cross-functional projects that impact accounts payable and payroll. Necessary Skills: . CA/ICWA/PGDBM. . 10 years of experience in accounts payable and payroll management, preferably in capital market/financial service industry. . Strong knowledge of accounting principles, payroll regulations, and financial reporting. . Proficiency in ERP and payroll systems . Experience of implementing new age tools will be a plus . Excellent leadership, communication, and interpersonal skills. . Strong analytical and problem-solving abilities . Detail-oriented with a commitment to accuracy and compliance. Check Your Resume for Match Upload your resume and our tool will compare it to the requirements for this job like recruiters do.