Assistant Account Manager

Savino Del Bene; Mumbai; On-site; INR 600,000 - 800,000; Full time

Job summary

Savino Del Bene, Mumbai, seeks a qualified accounts payable professional to manage overseas vendor invoices, TDS compliance, and reconciliations. You will maintain exemption records, coordinate with Operations for pending invoices and prepare regular MIS, GP, and profitability reports.

The role requires strong analytical skills, proficiency in SAP/ERP and MS Office, and the ability to meet month-end deadlines with minimal supervision.

Qualifications

• Graduate or postgraduate in Commerce, Finance or accounting.
• Experience in Accounts Payable, vendor accounting, reconciliations and MIS reporting.
• Strong understanding of TDS, vendor payments and accounting processes.
• Working knowledge of SAP/ERP systems and MS Office.

Responsibilities

• Process overseas vendor invoices, including posting and TDS deductions.
• Maintain records of TDS exemptions and monitor thresholds.
• Coordinate with Operations for pending invoices; circulate weekly accrual reports.
• Verify profitability against approved sales quotations.
• Conduct GP analysis and track revenue leakages.
• Reconcile vendor GL accounts periodically.
• Execute overseas bank remittances timely.
• Handle intercompany reconciliations and balance confirmations.
• Pass month-end journal entries including provisions.
• Create requests for new customer/vendor codes.
• Prepare monthly sales productivity and incentive reports.
• Prepare and circulate monthly MIS reports.
• Prepare AP ageing reports with reasons for aging.
• Ensure compliance with policies, controls and statutory requirements.

Skills

Accounts Payable

Vendor accounting

Reconciliations

MIS reporting

TDS

SAP/ERP

MS Excel

MS Word

Analytical skills

Communication

Education

Graduate in Commerce/Finance

Tools

SAP/ERP

MS Excel

MS Word

Job description

Key Responsibilities:

• Process overseas vendor invoices, including invoice posting and appropriate TDS deductions.
• Maintain records of lower/nil-rate TDS exemption certificates submitted by vendors and monitor applicable threshold limits and TDS deductions.
• Coordinate with the Operations team for pending invoices and circulate weekly reports on pending accruals.
• Verify job profitability against approved sales quotations.
• Conduct GP analysis and identify and track revenue leakages.
• Perform periodic reconciliation of vendor GL accounts.
• Execute overseas bank remittances and ensure timely processing.
• Handle intercompany account reconciliations and balance confirmations.
• Pass month-end journal entries, including operational and expense provisions.
• Coordinate requests for creation of new customer and vendor codes.
• Prepare monthly sales productivity and incentive reports.
• Prepare and circulate monthly MIS reports.
• Prepare Accounts Payable ageing reports, including reasons for aged outstanding items, for management review.
• Ensure compliance with accounting policies, internal controls, and applicable statutory requirements.

Required Skills & Qualifications:

• Graduate/Postgraduate in Commerce, Finance, Accounting, or a related discipline.
• Relevant experience in Accounts Payable, vendor accounting, reconciliations, and MIS reporting.
• Good understanding of TDS, vendor payments, and accounting processes.
• Working knowledge of SAP/ERP systems.
• Proficiency in MS Office, particularly MS Excel and MS Word.
• Strong analytical, reconciliation, and problem-solving skills.
• Good coordination and communication skills.
• Ability to work independently and meet month-end closing timelines.