EH-FnA-L05-DM - Deputy Manager - Accounts Payable

Role Objective To manage and oversee the Accounts Payable function, ensure timely and accurate processing of vendor invoices and payments, maintain strong internal controls, and ensure compliance with statutory and company policies. Key Responsibilities Invoice Processing & Vendor ManagementReview and approve vendor invoices ensuring accuracy and proper documentationEnsure timely booking of invoices in ERP systemsHandle vendor queries and resolve discrepancies effectivelyMaintain vendor master data and ensure proper due diligencePayment ManagementPlan and execute vendor payments (NEFT/RTGS/cheques) as per agreed timelinesMonitor ageing of payables and optimize working capitalEnsure no duplicate or incorrect paymentsCompliance & Statutory RequirementsEnsure compliance with Income Tax Act, 1961 (TDS) and GST ActVerify TDS deductions, GST input eligibility, and proper accounting treatmentSupport audits (internal, statutory, tax audits)Process Control & ImprovementStrengthen internal controls within AP processesIdentify process gaps and implement automation/improvementsEnsure adherence to company policies and SOPsReconciliation & ReportingPerform vendor reconciliations on a periodic basisTrack GR/IR balancesPrepare MIS reports related to AP (ageing, outstanding liabilities, payment forecasts)Team ManagementSupervise and guide AP team membersAllocate work and monitor team performanceTrain team on compliance, systems, and process updates Key Skills & Competencies Strong knowledge of Accounts Payable processesGood understanding of TDS and GST provisionsERP experience (SAP, Oracle, Tally, etc.)Analytical and problem-solving skillsAttention to detail and accuracyStrong communication and vendor management skills Qualifications CA / CMA / MBA (Finance) / B.Com58 years of relevant experience in Accounts Payable Key Performance Indicators (KPIs) Invoice processing turnaround timePayment cycle efficiencyVendor reconciliation accuracyCompliance adherence (TDS/GST)Reduction in overdue payablesAudit observations / control effectiveness Preferred Experience Experience in mid-to-large organizationsExposure to automation and AP transformation projectsHandling audits and statutory compliance .