Accounts Payable Lead

KeyBiz Dashboards Pvt Ltd; Hyderabad; On-site; INR 1,200,000 - 1,700,000; Full time

Job summary

KeyBiz Dashboards Pvt Ltd is seeking an Accounts Payable Lead to mentor and manage the AP team, ensuring timely completion of activities and accurate accounting. The role requires coordinating with Tax, GST, Procurement, and IT teams to resolve discrepancies and drive automation.

You will support month-end close and AP-related reporting while maintaining internal controls. The ideal candidate will lead process improvements and ensure timely vendor payments, addressing ageing and disputes, with

Responsibilities

• Lead, mentor, and manage the Accounts Payable team, ensuring accurate and timely completion of activities.
• Review creditor ageing, ensure timely vendor payments, and follow up for adjustment of vendor advances.
• Track MSME vendor invoices and ensure timely payments as per applicable regulations.
• Perform vendor reconciliations, obtain balance confirmations, and resolve outstanding/disputed balances.
• Coordinate with the Tax/GST team and review Purchase Register vs. GSTR-2B mismatches for timely resolution.
• Analyse the Purchase Register and identify discrepancies, duplicate/missing invoices, and accounting issues.
• Ensure accurate accounting and posting of AP vouchers, invoices, credit/debit notes, and advances.
• Monitor AP team performance, pending items, open balances, and compliance with internal controls.
• Coordinate with ERP/IT teams for issue resolution, system enhancements, automation, and new developments.
• Drive process improvements, standardisation, and automation within the Payables function.
• Coordinate with Procurement, Buyers, Tax, Finance, Vendors, and other stakeholders to resolve AP-related issues.
• Support month-end/year-end closing, audits, and AP-related reporting.
• Handle escalations and perform other Accounts Payable-related activities as assigned by Finance leadership.

Job description

• Lead, mentor, and manage the Accounts Payable team, ensuring accurate and timely completion of activities.
• Review creditor ageing, ensure timely vendor payments, and follow up for adjustment of vendor advances.
• Track MSME vendor invoices and ensure timely payments as per applicable regulations.
• Perform vendor reconciliations, obtain balance confirmations, and resolve outstanding/disputed balances.
• Coordinate with the Tax/GST team and review Purchase Register vs. GSTR-2B mismatches for timely resolution.
• Analyse the Purchase Register and identify discrepancies, duplicate/missing invoices, and accounting issues.
• Ensure accurate accounting and posting of AP vouchers, invoices, credit/debit notes, and advances.
• Monitor AP team performance, pending items, open balances, and compliance with internal controls.
• Coordinate with ERP/IT teams for issue resolution, system enhancements, automation, and new developments.
• Drive process improvements, standardisation, and automation within the Payables function.
• Coordinate with Procurement, Buyers, Tax, Finance, Vendors, and other stakeholders to resolve AP-related issues.
• Support month-end/year-end closing, audits, and AP-related reporting.
• Handle escalations and perform other Accounts Payable-related activities as assigned by Finance leadership.