Assistant Manager Accounts Payable

Indofast Energy; Bengaluru Urban; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Indofast Energy in Bengaluru seeks a hands-on Assistant Manager - Accounts Payable to oversee day-to-day AP and guide junior staff. The role emphasizes accuracy, timely payments, and compliance.

You will manage the full AP cycle, vendor payments, reimbursements, and statutory compliance (TDS, GST), while supporting month-end close and MIS reporting. Strong Excel and ERP experience are required; ability to work independently is essential.

Qualifications

• Semi-qualified (CA / CMA Inter) with a minimum of 6 years of relevant experience in accounts payable
• B.Com/M.Com graduate with 10-12 years of relevant experience in accounts payable
• Hands-on end-to-end AP processing experience
• ERP experience: MS Dynamics, SAP, Oracle or equivalent
• Proficiency in MS Excel
• Attention to detail with strong analytical and reconciliation skills
• Ability to work independently with minimal supervision
• Good communication and vendor management abilities
• Time management and ability to meet deadlines

Responsibilities

• Process the complete accounts payable cycle - invoice receipt, verification, 3-way matching, coding and posting
• Ensure timely and accurate processing of vendor payments per terms and schedules
• Prepare payment runs and assist cash flow planning related to payables
• Process employee reimbursements, advances and travel/expense claims
• Ensure statutory compliance related to TDS, GST and other regulations
• Support month-end and year-end close including accruals, provisions, AP ageing analyses and GL reconciliations
• Maintain accurate records and adhere to internal controls and SOPs
• Prepare MIS reports, AP dashboards and ageing analyses for management
• Coordinate with procurement, treasury and other departments for smooth workflow
• Support internal and statutory audits with schedules and documentation
• Provide guidance to junior AP staff as required
• Identify and suggest process improvements within AP function

Skills

AP processing

ERP systems

TDS/GST compliance

MS Excel

Vendor management

Analytical skills

Education

CA Inter / CMA Inter (or equivalent)

B.Com / M.Com

Tools

MS Dynamics

SAP

Oracle

Job description

We are seeking a hands-on Assistant Manager - Accounts Payable who will independently manage the day-to-day accounts payable function while ensuring accuracy, timely payments, and statutory compliance. This is primarily an individual contributor role that also involves guiding junior staff where required. The ideal candidate is detail-oriented, comfortable owning the full AP cycle, and able to work with minimal supervision.

Key Responsibilities

• Independently process the complete accounts payable cycle - invoice receipt, verification, 3-way matching (PO, GRN, invoice), coding, and posting.
• Ensure timely and accurate processing of vendor payments in line with agreed terms and payment schedules.
• Prepare payment runs and support cash flow planning related to payables.
• Process employee reimbursements, advances, and travel/expense claims as per policy.
• Ensure statutory compliance related to TDS, GST, and other applicable regulations on vendor transactions.
• Support month-end and year-end close, including accruals, provisions, AP ageing analysis, and GL reconciliations.
• Maintain accurate records and adhere to internal controls, company policies, and SOPs.
• Prepare MIS reports, AP dashboards, and ageing analyses for management.
• Coordinate with procurement, treasury, and other departments for smooth workflow.
• Support internal and statutory audits by providing schedules, documentation, and clarifications.
• Provide guidance and review support to junior AP staff where required.
• Identify and suggest process improvements within the AP function.

Qualifications & Experience

• Semi-qualified (CA / CMA Inter) with a minimum of 6 years of relevant experience, or B.Com/M.com graduate with a minimum of 10-12 years of relevant experience in accounts payable.
• Strong hands-on, end-to-end AP processing experience.
• Working experience with ERP systems (MS Dynamics SAP, Oracle,or equivalent).
• Strong knowledge of AP processes, accounting principles, and statutory compliance (TDS/GST).
• Proficiency in MS Excel and ERP-based accounting.
• Attention to detail with strong analytical and reconciliation skills.
• Ability to work independently and manage volumes with minimal supervision.
• Good communication and vendor management abilities.
• Time management and the ability to meet deadlines.