Accounts Payable Manager

Laxmi Dental Limited; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Laxmi Dental Limited invites applications for Manager – Finance to head Accounts Payable and oversee broader Finance & Accounts operations in Mumbai. The role demands a hands-on financial professional capable of managing day-to-day operations with a drive for process improvements and automation.

The candidate should possess strong ownership, participate in month-end closings, and ensure statutory compliance across GST, TDS, payroll and audits. Ind AS exposure is a plus.

Qualifications

• Mandatory professional qualifications in finance (CA Inter / MBA Finance / M.Com or equivalent).
• 10+ years of Finance & Accounts experience with hands-on AP, reconciliation and payments.
• Strong knowledge of GST, TDS, statutory payments and payroll processing.
• Experience in month-end closing, audits and financial reporting.

Responsibilities

• Manage full Accounts Payable cycle, vendor management, reconciliations and payments.
• Ensure timely GST, TDS, PF/EPF, ESIC, and other statutory compliance.
• Oversee payroll processing and banking/payments; monitor cash flows.
• Coordinate internal and statutory audits and resolve audit observations.
• Drive MIS reporting and identify opportunities for process automation.
• Ensure effective use of ERP and accounting systems; support automation initiatives.

Skills

Finance leadership

Accounts Payable

Vendor reconciliation

GST/TDS compliance

Payroll management

Automation

ERP systems

Financial reporting

English communication

Education

CA Inter

MBA – Finance

M.Com

Equivalent qualification

Tools

ERP systems

Accounting software

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
• MBA – Finance
• M.Com
• 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 finalization 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.