Accounts Payable Manager

5M Consultants; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

5M Consultants is hiring an experienced Accounts Payable (AP) Manager in Hyderabad to oversee end-to-end AP for multiple entities. You will drive vendor reconciliations, invoice processing, and timely payments while ensuring strict controls and accuracy.

Collaborating with internal stakeholders and auditors, you will lead a talented AP team, optimize processes, and implement automation to improve efficiency and compliance across the organization.

Qualifications

• Bachelor's degree in commerce, accounting or finance required.
• MBA Finance or CA/CMA/CPA/ACCA is an added advantage.
• Minimum 3–5 years leading an AP team.
• Experience supporting US-based operations or shared services preferred.
• Experience managing multiple legal entities and high-volume vendor payments.

Responsibilities

• Manage the complete Accounts Payable cycle, including invoice processing, verification, approvals, and payment execution.
• Lead and supervise the AP team to ensure timely processing of vendor invoices and adherence to payment schedules.
• Review and approve vendor reconciliations by analysing outstanding invoices, account balances, debit/credit notes, and supporting documentation.
• Oversee payment processing through ACH, check, Wire Transfers and other banking platforms.
• Prepare AP reports, payment status reports, cash requirement reports, and management MIS.
• Manage vendor relationships and maintain accurate vendor master records. Identify opportunities to improve AP processes, automation, and operational efficiency.
• Support internal and external audits by providing required documentation and reconciliations.

Skills

Accounts Payable

Vendor Reconciliation

Invoice Processing

Payment Processing

ERP Systems

Spreadsheet Analysis

Stakeholder Management

Audit Support

Education

Bachelor's Degree in Commerce/Finance

MBA (Finance)

CA/CMA/CPA/ACCA Certification

Tools

SAP

Oracle

NetSuite

Microsoft Dynamics

SAP Concur

Basware

Coupa

Tipalti

Dokka

Job description

Job Role:

We are seeking an experienced and detail-oriented Accounts Payable (AP) Manager to oversee the end-to-end Accounts Payable function for multiple business entities. The ideal candidate will have strong expertise in vendor reconciliations, invoice processing, payment execution, AP controls, and team management while ensuring timely and accurate financial operations. The role requires close collaboration with internal stakeholders, auditors, and vendors to maintain efficient AP processes and compliance.

Key Responsibilities:

• Manage the complete Accounts Payable cycle, including invoice processing, verification, approvals, and payment execution.
• Lead and supervise the AP team to ensure timely processing of vendor invoices and adherence to payment schedules
• Review and approve vendor reconciliations by analysing outstanding invoices, account balances, debit/credit notes, and supporting documentation.
• Oversee payment processing through ACH, check, Wire Transfers and other banking platforms.
• Prepare AP reports, payment status reports, cash requirement reports, and management MIS.
• Manage vendor relationships and maintain accurate vendor master records. Identify opportunities to improve AP processes, automation, and operational efficiency.
• Support internal and external audits by providing required documentation and reconciliations.

Required Skills:

• Strong knowledge of the complete Accounts Payable process.
• Expertise in Vendor Reconciliation and Statement Reconciliation.
• Hands-on experience with ACH, Check, Wire, and Electronic Payment Processing.
• Experience working with invoice automation platforms such as Dokka, Basware, Coupa, SAP Concur, Tipalti, or similar systems.
• Strong understanding of invoice matching (2-way and 3-way matching).
• Experience handling multi-entity and high-volume invoice processing.
• Good understanding of accounting principles and financial controls.
• Excellent analytical and problem-solving skills.
• Strong communication and stakeholder management abilities.
• Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, Power Query preferred).
• Experience with ERP systems such as SAP, Oracle, NetSuite, Microsoft Dynamics, or similar.

Qualifications:

• Bachelor's Degree in Commerce, Accounting, Finance, or a related field.
• MBA (Finance) or Professional Certification (CA Inter/CMA/CPA/ACCA) is an added advantage.
• Minimum 3 -5 years of experience leading an AP team.
• Experience supporting US-based operations or shared services/BPO environment is preferred.
• Experience managing multiple legal entities and high-volume vendor payments.