Assistant Manager - Accounts Payable

We are looking for a dynamic and detail-oriented Assistant Manager – Accounts Payable with exposure in Manufacturing Industry who can manage end-to-end Accounts Payable activities and support financial reporting, vendor management, statutory compliance, and expense monitoring.The role involves ensuring timely and accurate invoice processing, vendor reconciliations, MIS reporting, and effective monitoring of the Procure-to-Pay (P2P) cycle. The ideal candidate should have hands-on experience in SAP/SAP HANA, particularly PR/PO, MIGO, and MIRO transactions, along with a strong understanding of Accounts Payable processes, financial controls, and capital expenditure (Capex) accounting.Key ResponsibilitiesAccounts Payable ManagementManage end-to-end Accounts Payable activities, including invoice processing, verification, accounting, and payment-related activities.Ensure timely and accurate booking of vendor invoices in SAP/SAP HANA through MIRO and journal vouchers (JV).Monitor pending Purchase Requisitions (PRs) and Purchase Orders (POs) and coordinate with relevant departments for timely MIGO and MIRO completion.Verify invoices against applicable POs, goods receipts/service entry sheets, and supporting documents.Identify and resolve invoice discrepancies, blocked invoices, and pending GR/IR items.Ensure appropriate accounting and classification of expenses in accordance with company policies.Handle Capex MIRO transactions and write-offs in SAP.Vendor Reconciliation and AgeingPerform regular vendor ledger reconciliations and resolve outstanding differences.Prepare and review vendor ageing reports and monitor overdue and outstanding balances.Coordinate with procurement, business teams, and vendors to resolve open items.Monitor vendor advances and ensure timely adjustment and settlement.MIS and Management ReportingPrepare periodic Accounts Payable MIS reports for management review.Prepare and analyze Budget vs. Actual expenses and highlight significant variances.Analyze key AP metrics, outstanding liabilities, vendor ageing, and pending invoices.Provide financial data, analysis, and ad-hoc reports to support management decision-making.MSME ComplianceIdentify and monitor MSME-registered vendors.Track outstanding MSME dues and ensure compliance with applicable statutory payment timelines.Maintain records and provide information required for MSME-related reporting and compliance.Coordinate with relevant teams to resolve MSME-related issues.Procure-to-Pay (P2P) Process MonitoringMonitor the complete PR–PO–MIGO–MIRO–Payment cycle.Track pending PR, PO, MIGO, and MIRO transactions and follow up with relevant stakeholders.Ensure timely closure of open items and minimize ageing of pending transactions.Work closely with Procurement, Stores, Supply Chain Management (SCM), and business teams to improve P2P processes.Internal Controls and AuditEnsure compliance with internal accounting policies, Standard Operating Procedures (SOPs), and financial controls.Support internal, statutory, and tax audits by providing required schedules, reconciliations, and supporting documentation.Identify process gaps and recommend improvements to strengthen Accounts Payable controls and operational efficiency.2. Educational QualificationsCA Inter from a recognized institution.Any graduate or Post Graduate3. Experience and Technical Competencies4–5 years of relevant experience in Accounts Payable or Finance & Accounts.Hands-on experience in SAP/SAP HANA is required, particularly in MIRO and related transactions.Experience in manufacturing, agriculture, Agri-inputs, seeds, or related industries will be an added advantage.Experience managing a high-volume vendor base and complex Procure-to-Pay transactions will be preferred.4. Key Skills and CompetenciesStrong understanding of Accounts Payable and Procure-to-Pay processes.Good knowledge of vendor ageing, vendor reconciliation, and Accounts Payable MIS.Understanding of Budget vs. Actual expense analysis.Knowledge of MSME vendor compliance and payment requirements.Strong MS Excel skills, including data analysis and MIS preparation.Good analytical, problem-solving, and reconciliation skills.Ability to coordinate effectively with Procurement, Stores, SCM, and other business functions.Strong attention to detail and ability to meet deadlines.Good communication and stakeholder-management skills.5. Role ExpectationsThe successful candidate will ensure efficient Accounts Payable operations, accurate financial records, timely vendor reconciliations, adherence to statutory payment requirements, and effective monitoring of the Procure-to-Pay cycle while supporting financial controls and reporting requirements.