Accounts Payable Specialist

Servify; Mumbai; On-site; INR 10,00,000 - 15,00,000; Full time

Job summary

A technology service provider in Mumbai is seeking a finance operations leader to manage end-to-end accounts payable, oversee inventory controls, and ensure compliance with audits. The ideal candidate will drive automation, manage vendor reconciliations, and provide financial insights to support business decision-making. Strong ERP knowledge, particularly in Oracle or SAP, is preferred. Join us to lead a high-performing team in a dynamic environment.

Responsibilities

• Lead end-to-end Accounts Payable operations.
• Ensure accurate and timely processing of GST reconciliation.
• Manage vendor accounts and reconciliations.
• Conduct periodic analysis of accounts to ensure accuracy.
• Drive automation and ERP utilization.
• Oversee working capital management and risk controls.
• Implement best practices in shared service governance.
• Assess inventory control framework and standardize processes.
• Coordinate with internal and external auditors.
• Manage ERP period-end closure activities.
• Support the creation of MIS reports.
• Manage invoicing and E-way bill creation for operations.
• Collaborate with business teams for financial insights.
• Lead and mentor a high-performing finance team.

Tools

Oracle

SAP

Job description

KEY RESPONSIBILITIES

Payable Management

• Lead end-to-end Accounts Payable operations, including invoice booking, purchase orders, vendor reconciliation (stock, wallet, CN/DN, invoicing), and payment processing through banks.
• Ensure accurate and timely processing of GST reconciliation and monthly TDS payments.
• Manage vendor accounts, including reconciliations with partners for both receivable & payable.
• Conduct periodic analysis of accounts (monthly/quarterly/annually) to ensure accuracy and completeness of provisions.
• Drive automation, ERP utilization (Oracle/SAP), and process standardization.
• Oversee working capital management, cash flow optimization, and risk controls.
• Implement best practices in shared service/outsourcing governance.

Inventory Control

• Assess the current inventory control framework and identify process gaps.
• Standardize inventory control processes for better accessibility and transparency during monthly MIS and statutory audits.
• Oversee preparation of receipts, consumption records, and accounting of inventory transactions.
• Ensure accuracy of inventory balances and reporting for compliance and decision-making.

Audit & IFC

• Coordinate with internal and external auditors to ensure smooth facilitation of statutory, tax, and internal audits.
• Prepare monthly and annual closure of books of accounts, ensuring accuracy and timeliness.
• Manage ERP period-end closure activities and reconciliations.
• Support the creation of MIS reports and ensure timely submission to stakeholders.

Commerce & Business Support

• Manage invoicing and creation of E-way bills for commerce and BOSE operations.
• Prepare receivables and collection follow-up reports.
• Support preparation of GST returns, expense tracking, and MIS reporting.
• Collaborate with business teams to provide financial insights and support decision-making.

Leadership & Team Development

• Lead and mentor a high-performing team, ensuring capability building and succession planning.
• Define KPIs, monitor team performance, and ensure adherence to SLAs.
• Foster a culture of continuous improvement, compliance, and operational excellence.