Assistant Account Manager

Savino Del Bene; Mumbai; On-site; INR 420,000 - 700,000; Full time

Job summary

Savino Del Bene in Mumbai seeks an Accounts Payable professional to manage overseas vendor invoices, TDS deductions, and mis reporting. The role requires strong analytical and coordination skills to ensure timely month-end closings and accurate profitability analyses.

The ideal candidate has a commerce/finance background with experience in vendor accounting, reconciliations, and SAP/ERP systems, along with proficiency in MS Excel and Word.

Qualifications

• Graduate or postgraduate in Commerce, Finance, Accounting or related field.
• 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 and MS Office tools.

Responsibilities

• Process overseas vendor invoices, including posting and TDS deductions.
• Maintain records of TDS exemption certificates and monitor thresholds.
• Coordinate with Operations for pending invoices and circulate weekly accrual reports.
• Verify profitability against approved sales quotations and perform GP analysis.
• Reconcile vendor GL accounts and perform month-end journal entries.
• Execute overseas bank remittances and intercompany reconciliations.
• Prepare monthly MIS and aging reports for management review.

Skills

Analytical skills

Coordination

Communication skills

Problem solving

Education

Graduate/Postgraduate in Commerce/Finance/Accounting

Tools

SAP/ERP systems

MS Excel

MS Word

Job description

• 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.