Accounts Payable Manager

Laxmi Dental Limited; Mumbai; On-site; INR 3,000,000 - 5,500,000; Full time

Job summary

Laxmi Dental Limited in Mumbai seeks a Manager – Finance to lead Accounts Payable and oversee Finance & Accounts operations. The role requires a hands-on finance professional capable of managing day-to-day operations with a drive for process improvement and automation.

Key duties include AP cycle management, GST and TDS compliance, payroll processing, month-end closing, audits, and MIS reporting. The ideal candidate holds CA/CA Inter or equivalent and has 10+ years of relevant experience.

Qualifications

• Strong command over English, both written and spoken.
• Go-getter attitude with ownership and accountability.
• Hands-on experience in GST, TDS and statutory payments.

Responsibilities

• Manage Accounts Payable cycle, vendor invoices, approvals and payments.
• Coordinate GST returns, GSTR-2B reconciliation and statutory compliance.
• Oversee payroll payments and related accounting; bank reconciliations.
• Support month-end closing, audit preparation and finalisation of accounts.
• Drive MIS, process improvements and automation in AP and reporting.
• Ensure internal controls and compliance with accounting policies.

Skills

English proficiency

Communication skills

Analytical skills

Automation awareness

Education

CA

CA Inter

Equivalent recognized finance/accounting qualification

Tools

ERP systems

Finance automation tools

Job description

HR is requested to identify and shortlist candidates for the position of Manager – Finance, with primary responsibility for Accounts Payable (AP) and broader responsibility for Finance & Accounts operations.

The candidate should be a strong, hands‑on finance professional capable of independently managing day‑to‑day finance operations, with a go‑getter attitude, strong ownership and a demonstrated drive towards process improvement and automation.

Key Responsibilities

1. Accounts Payable & Vendor Management – Primary Responsibility

• Manage the complete Accounts Payable cycle, including invoice verification, accounting, approvals, reconciliations and payments.
• Ensure timely and accurate processing of vendor invoices and payments.
• Prepare vendor payment schedules based on due dates, priorities and cash flows.
• Review vendor ageing, advances and outstanding balances and ensure timely reconciliation.
• Resolve vendor accounting and payment-related issues.
• Ensure correct application of GST, TDS and other statutory deductions.
• Maintain appropriate controls to prevent duplicate, incorrect or unauthorized payments.
• Supervise day‑to‑day accounting and ensure accuracy and completeness of financial records.
• Review journal entries, provisions, accruals, prepayments, fixed assets and other accounting adjustments.
• Manage monthly, quarterly and annual closing of accounts.
• Prepare and review trial balance and balance sheet schedules.
• Ensure timely account reconciliations and closure of open items.
• Assist in finalization of accounts and preparation of financial statements.
• Knowledge of Ind AS will be an added advantage.

3. Statutory Compliance & GST

• Ensure timely computation, payment and accounting of applicable statutory liabilities, including GST, TDS, PF/EPF, ESIC, Professional Tax, Labour Welfare Fund, Advance Tax/Income Tax and other applicable statutory dues.
• Perform regular GSTR-2B reconciliation with purchase/vendor ledgers.
• Identify unmatched/missing invoices and coordinate with vendors for resolution.
• Assist in GST return preparation and reconciliation, including GSTR-1 and GSTR-3B.
• Ensure statutory liabilities are properly reconciled with books and returns.

4. Payroll, Banking & Payments

• Coordinate and ensure timely monthly payroll payments and related accounting.
• Review salary-related deductions, reimbursements and employee payments.
• Manage day‑to‑day banking and payment operations.
• Coordinate vendor, payroll and statutory payment batches.
• Monitor bank balances and payment commitments.
• Perform regular bank reconciliations.
• Support cash‑flow planning and payment prioritization.

5. Audit & Financial Controls

• Coordinate statutory and internal audits.
• Prepare audit schedules, reconciliations and supporting documentation.
• Coordinate responses to auditor queries and ensure timely closure of observations.
• Ensure compliance with internal financial controls and accounting policies.
• Identify control gaps and drive corrective action.

6. MIS, Process Improvement & Automation

• Prepare MIS relating to AP, vendor ageing, payment commitments, statutory liabilities, cash/bank position and working capital.
• Provide relevant financial information to the CFO and management.
• Identify opportunities to automate and simplify finance processes, particularly AP, reconciliations, payments and reporting.
• Drive effective utilization of ERP, accounting systems and technology.
• Work with IT/other teams wherever required for finance automation initiatives.

Candidate Requirements

Qualification – Mandatory

• CA Inter
• CA
• Equivalent recognized finance/accounting qualification
• BCom-only candidates should NOT be shortlisted.

Experience

• Minimum 10 years of relevant Finance & Accounts experience.
• Strong hands‑on experience in Accounts Payable, accounting, vendor reconciliation and payment processes.
• Practical experience in GST, TDS, statutory payments, banking and payroll payments.
• Experience in month‑end closing and finalisation of accounts.
• Experience in handling statutory and internal audits.

Communication

• Strong command over English, both written and spoken, is mandatory.
• Excellent interpersonal communication skills.
• Ability to communicate effectively with vendors, internal departments, auditors, banks and senior management.
• Ability to independently prepare professional emails, reports and business correspondence.

Preferred Experience

• Working knowledge of Ind AS.
• Experience working in a listed entity.
• Experience with ERP/accounting systems and finance automation.
• Exposure to process automation, digital finance tools and workflow automation.

Candidate Profile

• Go‑getter attitude with strong ownership and accountability.
• Ability to take responsibility and drive matters to closure.
• Strong analytical and reconciliation skills.
• Technology savvy with a strong drive towards automation and process improvement.
• High attention to detail and financial discipline.
• Ability to work independently and handle multiple deadlines.