Accounts Payable Specialist

Job description

• Lead the weekly rolling funds projection process across all entities to ensure effective working capital optimization. • Drive timely preparation and execution of payment proposals for both Import and Domestic covering vendors, employees, statutory dues, customs duties, and intercompany obligations. • Partner with Treasury team and key stakeholders to align funding requirements and payment priorities on weekly basis. • Manage AP aging, overdue liabilities, and ring-fenced invoices by driving issue resolution, ownership accountability, and actionable payment plans. • Ensure accuracy, compliance, and governance of payment proposals through robust validation and control processes. • Prioritize critical, urgent, and exception payments in line with business requirements and approved funding availability. • Oversee payment reconciliations and drive timely resolution of rejected, returned, or outstanding transactions. • Maintain strong internal controls, audit compliance, and adherence to payment governance standards. • Deliver actionable MIS reports, aging analysis, and payment priorities to leadership for informed decision-making. • Champion process improvements, automation, and standardization across Accounts Payable and support Treasury operations. Technical: • Strong knowledge of Accounts Payable and Funds Forecasting. • Experience in preparing Funds projections and payment proposals. • Strong understanding of AP Aging, Working Capital Management, and Vendor Payment Processes. • Knowledge of invoice lifecycle management, payment controls, and reconciliation processes. • Understanding of OpEx and CapEx classifications and financial reporting requirements. • Experience with ERP systems such as SAP, Oracle, or similar platforms. • Experience in VIM platform is an added advantage • Advanced proficiency in Microsoft Excel, Power BI, and financial reporting tools. • Strong knowledge of internal controls, audit requirements, and segregation of duties principles. Behavioural: • Strong coordination and communication skills • Problem solving and decision-making • Team collaboration and leadership • Result-oriented approach with continuous improvement mindset Experience: • Experience in Accounts Payable and Shared Service Finance Function. • Strong experience in Payment Proposal and Funds Projections Preparation for both Import and Domestic. • Hands-on experience in AP aging management, vendor payments, and reconciliation processes • Exposure to SAP/ERP-based payment and treasury processes • Experience managing audit requirements and financial compliance activities • Experience working in large manufacturing, electronics, EPC, shared services, or multinational environments. • Experience in Managing Team members Essential Qualification : MBA (Finance) / M.Com / B.Com with relevant experience Total Experience: Minimum 2 to 6yrs