Accounts Payable Manager

Acura Solutions; Mumbai; Hybrid; INR 900,000 - 1,300,000; Full time

Job summary

Acura Solutions is seeking an Accounts Payable specialist with 5–8 years of BFSI experience and exposure to Oracle Fusion ERP. The role covers end-to-end invoice processing, validation, approvals, and payments, along with month-end close activities.

You will manage vendor ledgers, ensure accurate TDS and GST ITC reconciliations, and support MSME compliance. The position involves reporting, audits, and process improvements in a busy AP environment.

Qualifications

• 5–8 years of experience in BFSI industry with exposure to AP processes.
• Experience in end-to-end AP activities and month-end closing.
• Exposure to Oracle Fusion ERP is desirable.

Responsibilities

• Manage day-to-day Accounts Payable operations and timely vendor invoice processing.
• Handle end-to-end invoice processing including validation, accounting, approvals, and payments.
• Process and coordinate vendor payments through banking platforms.
• Perform vendor ledger reconciliations and resolve outstanding items.
• Ensure accurate TDS deduction on invoices and support TDS compliance.
• Conduct GST ITC reconciliation between books, purchases, and GST data.
• Support MSME compliance, monitor payment ageing, and identify MSME vendors.
• Prepare vendor payment MIS, ageing reports, and AP-related reports.
• Coordinate with vendors and internal teams on invoice/payment queries.
• Maintain documentation and audit trails for invoices and payments.
• Support month-end closing activities, including provisions, accruals, and reconciliations.
• Assist in internal, statutory, and regulatory audits.
• Identify process gaps and support AP process improvements and controls.

Skills

Accounts Payable

Invoice processing

Vendor payments

GST ITC reconciliation

TDS compliance

MSME compliance

Audit support

Tools

Oracle Fusion ERP

Job description

Experience: 5-8 years of experience in BFSI Industry with exposure to Oracle Fusion ERP

Key Responsibilities

1. Manage day-to-day Accounts Payable operations and ensure timely processing of vendor invoices.
2. Handle the end-to-end invoice processing cycle, including invoice validation, accounting, approval tracking and payment processing.
3. Process and coordinate vendor payments through banking platforms.
4. Perform vendor ledger reconciliation and follow up for resolution of outstanding items.
5. Ensure appropriate TDS deduction on vendor invoices and support TDS compliance and reconciliation.
6. Perform GST ITC reconciliation between books, purchase records and GST data.
7. Support MSME compliance, including monitoring of vendor payment ageing and identification of MSME vendors.
8. Prepare periodic vendor payment MIS, ageing reports and AP-related reports.
9. Coordinate with vendors and internal departments for invoice/payment-related queries.
10. Ensure proper documentation and audit trail for vendor invoices and payments.
11. Support month-end closing activities, including AP provisions, accruals and reconciliations.
12. Assist in internal, statutory and regulatory audits.
13. Identify process gaps and support improvements in AP processes and controls.