Analyst Accounts Payable

Ares Management; Mumbai City; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Ares Management in Mumbai is seeking an Accounts Payable professional to execute operational activities, perform daily cash reconciliation for AP transactions, and ensure timely resolution of unmatched items. You will verify vendor payments, post adjustments, collaborate with AP/AR/ Treasury teams, and support month-end close with documentation and reports.

2-4 years in AP in a global org; experience with Coupa/Oracle Fusion and Power BI is preferred.

Qualifications

• 2–4 years Accounts Payable experience in a global organization.
• Experience performing cash reconciliations or payments.
• Experience using Coupa, Oracle Fusion or any ERP system.
• Proficient in Microsoft Office with strong Power BI skills.
• Financial services industry experience preferred.

Responsibilities

• Execute all operational activities within SLAs and policies.
• Perform daily cash reconciliation for AP transactions against bank statements and ERP data.
• Identify and investigate unmatched transactions and ensure timely resolution.
• Verify vendor payments, invoices, and settlement status to validate recon items.
• Post adjustments/journal entries to clear recon differences.
• Track open/aged items and ensure closure within defined timelines.
• Coordinate with AP, AR, Treasury, and GL teams for discrepancy resolution.
• Maintain cash reconciliation files and supporting documentation.
• Support month-end close activities related to cash and AP reconciliations.
• Provide periodic status reports on recon differences and trends.
• Collaborate with teams to ensure flawless cash reconciliations and related activity.

Skills

Cash reconciliation

Vendor payments

Journal entries

Microsoft Office

Power BI

Education

Bachelor's degree in Business/Accounting

Tools

Coupa

Oracle Fusion

Job description

Job Description:

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

• Execute all operational activities accurately within defined SLAs and in accordance with departmental policies and procedures.
• Perform daily cash reconciliation for AP transactions, comparing bank statements vs accounting system data
• Identify and investigate unmatched transactions / breaks and ensure timely resolution
• Verify vendor payments, invoices, and settlement status to validate recon items
• Post necessary adjustments/journal entries to clear recon differences
• Track and follow up on open/aged items and ensure closure within defined timelines
• Coordinate with AP, AR, Treasury, and GL teams for resolution of discrepancies
• Maintain and update cash reconciliation files and supporting documentation
• Ensure adherence to controls, SOPs, and audit requirements
• Support month-end close activities related to cash and AP reconciliations
• Provide periodic status reports on recon differences and trends
• Collaborate with teams (Accounts Payable, Corporate Accounting, Fund Accounting, & Business Users) ensuring operational activities are executed flawlessly such as cash reconciliations
• Execute duties related to the month and quarter end close processes such as reconciling AP Subledger, providing accrual support, and completing all Corporate Accounting Requests
• Provide support and analysis to other ad-hoc projects and initiatives as directed by department
• Ensure business process/policy documentation is maintained regularly

QUALIFICATIONS

Education:

• University/College Degree required (Business or Accounting preferred)

Experience Required:

• 2-4 years Accounts Payable experience in a global organization
• Preferred someone who has worked as in performing cash reconciliations or payments
• Experience using Coupa, Oracle Fusion or any other ERP
• Proficient in Microsoft Office Suite with strong Power Bi Skills
• Financial Service Industry experience preferred.

General Requirements:

• Detailed oriented with the drive to be both accurate, efficient, and organized
• Resourceful and a strong problem solver capable of working autonomously
• Ability to thrive in fast-paced environments and have a balance of analytical, technical and communication skills (written and verbal)
• Adaptability when faced with changing processes or technology
• Strong desire to deliver excellent customer service with the ability to be proactive and anticipate the needs of the business and react accordingly.

Reporting Relationships

Vice President, Global Procurement & Payables