Accounts Payable Manager

Agrya Consulting; Mumbai City; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

Agrya Consulting in Mumbai's Worli invites an experienced Accounts Payable (AP) Manager to lead the end-to-end purchase-to-pay and AP function for the corporate office and salons.

You will ensure timely book closure, strong payable controls, cash flow management, and vendor relationships while mentoring the AP team and coordinating with Procurement, Operations and bankers.

Qualifications

• 5–10 years of experience in accounts payable or finance operations.
• Strong GST and TDS knowledge under Indian accounting standards.
• Experience with Tally Prime and advanced Excel.

Responsibilities

• Own end-to-end AP function for corporate office and salons.
• Manage book closures and accruals.
• Review invoices, PO/GRN matching, vendor ledgers and ageing.
• Drive P2P process improvements and automation.
• Coordinate with banks on payments and cash management.
• Prepare weekly and monthly cash flow forecasts.
• Manage vendor relationships and resolve disputes.
• Lead AP team and coordinate with Procurement and Ops.

Skills

Accounts payable

Vendor accounting

P2P cycle

GST

TDS

Advanced Excel

Tally Prime

Banking relations

Team leadership

Education

B.Com, M.Com or MBA in Finance

Tools

Tally Prime

Advanced Excel

Job description

Accounts Payable (AP) Manager Finance & Accounts
Location: Worli, Mumbai
Experience: 5-10 years
CTC: As per industry standards

Role Summary

Lead the end-to-end purchase-to-pay and accounts payable function for the corporate office and all salons. Ensure accurate and timely book closure, strong payable controls, and disciplined cash flow and working capital management in coordination with bankers.

Key Responsibilities

1. Book closure: Own the AP side of month-end, quarter-end and year-end closing, including accruals, provisions, prepaid expenses, cut-off checks, vendor and ledger reconciliations, and timely submission of closing schedules.
2. AP review and controls: Review invoice booking, PO/GRN matching, advances, debit and credit notes, vendor ledgers and ageing across the corporate office and all salons. Review the teams work, resolve exceptions and ensure every payment is approved as per the authority matrix.
3. P2P process improvement: Design, document and improve the purchase-to-pay process, covering vendor onboarding (KYC, PAN, GST, MSME status and bank verification), invoice intake, approval workflows, payment cycles, SOPs and internal controls. Drive automation improvements.
4. Banking coordination: Liaise with banks and lenders on payment arrangements, working capital limits, lender reporting, MIS.
5. Cash flow and working capital: Prepare weekly and monthly cash flow forecasts, plan and prioritise vendor payments within available cash, monitor creditor days and work with Procurement to improve vendor credit terms.
6. Vendor management: Manage reconciliations and relationships with key vendors, including salon product suppliers, landlords, service providers, marketing agencies and capex vendors for new salons. Resolve queries and disputes.
7. Statutory compliance: Oversee TDS deduction and deposit on rent, contractor, professional and commission payments; GST input tax credit reconciliation with GSTR-2B; MSME payment-timeline compliance; and royalty and foreign remittance documentation (Form 15CA/15CB), where applicable.
8. MIS, audits and team leadership: Prepare creditor ageing, payables-versus-cash position, DPO, operating expense budget-versus-actual and payment forecast reports. Support statutory, internal and tax audits; lead, train and review the AP team; coordinate with Procurement, Operations and regional managers.

Skills & Competencies

• Strong knowledge of accounts payable, vendor accounting and the purchase-to-pay cycle.
• Working knowledge of GST, TDS and Indian accounting standards.
• Experience with Tally Prime, advanced Excel skills.
• Experience with cash flow forecasting and working capital management; exposure to banks and lenders.
• Strong team, stakeholder and vendor management skills; analytical, detail-oriented and deadline-driven.

Qualifications

• B.Com, M.Com or MBA in Finance; CA Inter or CMA Inter is an advantage.
• 510 years of experience in accounts payable or finance operations, including team handling.