Assistant Manager - Accounts Payable

360 Degree Cloud; Faridabad District; On-site; INR 600,000 - 900,000; Full time

Job summary

360 Degree Cloud in India is seeking a seasoned Accounts Payable professional to review, verify and process vendor invoices, ensuring Three-Way matching with PO and GRN. You will manage approvals, GL allocations, and vendor records while maintaining strong vendor relationships.

Role requires 5–8 years in AP within manufacturing, IT, services or shared services, with ERP experience (SAP/Oracle/Microsoft Dynamics/NetSuite/Tally) and advanced Excel skills.

Qualifications

• Bachelor's Degree in Commerce (B.Com).
• MBA (Finance) / M.Com preferred.

Responsibilities

• Review, verify and process vendor invoices per company policies.
• Ensure proper approval workflow before invoice booking.
• Match PO, GRN and invoices (Three-Way Matching).
• Verify accounting entries and correct GL codes and cost centers.
• Resolve invoice discrepancies with stakeholders and vendors.
• Create and maintain vendor master records.
• Address vendor queries and payment-related issues promptly.
• Maintain healthy vendor relationships and timely communication.

Skills

Accounts payable processes

GST & TDS

ERP knowledge

Advanced Excel

Education

B.Com

MBA (Finance) / M.Com preferred

Tools

SAP

Oracle

Microsoft Dynamics

NetSuite

Tally

Excel

Job description

• Review, verify and process vendor invoices in accordance with company policies.
• Ensure proper approval workflow before invoice booking.
• Match Purchase Orders (PO), Goods Receipt Notes (GRN) and invoices (Three-Way Matching).
• Verify accounting entries and correct allocation of GL codes and cost centers.
• Resolve invoice discrepancies in coordination with internal stakeholders and vendors.
• Create and maintain vendor master records.
• Address vendor queries and payment-related issues promptly.
• Maintain healthy vendor relationships and ensure timely communication.

Payment Management

• Prepare payment proposals as per agreed payment terms.
• Process payments through NEFT, RTGS, IMPS and other banking channels.
• Ensure timely vendor payments while maintaining cash flow discipline.
• Track advance payments and vendor adjustments.

Reconciliations

• Perform monthly vendor ledger reconciliations.
• Reconcile AP balances with General Ledger.
• Identify and resolve outstanding items.
• Support month-end and year-end financial closing activities.

Compliance & Controls

• Ensure compliance with GST, TDS and other applicable statutory provisions.
• Verify tax calculations before processing payments.
• Maintain proper documentation and audit trails.
• Ensure adherence to SOPs and internal financial controls.

Audit Support

• Provide required schedules and documents during internal and statutory audits.
• Assist in audit observations and closure of audit points.
• Support finance team in compliance reviews.

Reporting & MIS

• Prepare AP ageing reports.
• Track overdue invoices and pending approvals.
• Prepare monthly AP MIS for management.
• Analyze payment trends and identify process improvement opportunities.

Required Qualifications

• Bachelor's Degree in Commerce (B.Com).
• MBA (Finance) / M.Com preferred.

Experience

• 5–8 years of relevant experience in Accounts Payable.
• Experience in handling high-volume vendor transactions.
• Experience in manufacturing, IT, services or shared services environment preferred.

Technical Skills

• Strong knowledge of Accounts Payable processes.
• Working knowledge of GST and TDS.
• Experience in ERP systems such as SAP, Oracle, Microsoft Dynamics, NetSuite, Tally or similar.
• Advanced Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, MIS reporting).