Assistant Manager-Accounts Payable

Sidsfarm

Hyderabad, Bengaluru

On-site

INR 900,000 - 1,200,000

Full time

24 hours ago
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Benefits offered by this job

Innovative Culture
Sustainability Focus
Growth Opportunities
Community Engagement
Strong Values
Doing what you Love

Job summary

Sid’s Farm seeks a finance professional to lead the Accounts Payable function, ensuring timely and accurate vendor accounting, strong payment controls, and effective fund utilisation.

The role focuses on end-to-end Payables, coordinating with multiple departments, and strengthening month-end/year-end close processes to support auditable financials.

Qualifications

  • Must be CMA Inter or CA Inter with understanding of accounts payable processes.
  • Experience in managing payables, vendor queries, and month-end closing is preferred.

Responsibilities

  • Manage end-to-end Accounts Payable / Procure-to-Pay process including invoice processing and vendor ageing.
  • Oversee vendor reconciliation, advances, and payment proposals with maker-checker controls.
  • Prepare and monitor weekly/monthly payment plans based on vendor dues and cash requirements.
  • Forecast upcoming payment requirements and ensure critical payments are planned in advance.
  • Coordinate with Procurement, Operations, Tax, HR, Treasury/Banking for timely payments and issue resolution.

Skills

Accounts Payable
Vendor reconciliation
Cash flow forecasting
Payment planning
Financial controls
Team leadership

Education

CMA Inter/CA Inter

Job description

At Sid’s Farm, we are a dedicated D2C brand committed to delivering 100% pure dairy products of the highest quality. Every drop of milk and product we offer embodies our promise of purity, quality, and safety. Founded in 2013 and named after our founder’s son, Sid, our company reflects a father’s commitment to providing the best for families and future generations. What began as a service to a few families has grown into a proud community, now serving over 25,000 families.

Our employees are our greatest Cheerleaders and Assets, and we are committed to fostering a culture of Growth and Development. We provide ample opportunities for professional advancement, ongoing training, and mentorship to help our team members reach their full potential. At Sid’s Farm, we are passionate about ensuring that every product we create meets the highest standards for you and your loved ones. We also create a workplace where our employees can thrive and contribute meaningfully.

We are growing like never before, expanding our horizons in Hyderabad, Bangalore, and a few more locations soon. We are a solid family of 500+ employees looking forward to more Culture Champions to enable our and your growth stories.

Role Summary:

Department: Finance & Accounts

Reporting To: Manager – Finance / Finance Head

Job Purpose

Responsible for managing and controlling the Accounts Payable and payment

function, ensuring timely and accurate vendor accounting, effective payment

planning, fund utilisation, and strong payment controls.

Key Responsibilities

Manage the end-to-end Accounts Payable / Procure-to-Pay process,

including invoice processing, vendor reconciliation, advances, and ageing.

supporting documents, and maker-checker controls before release.

Prepare and monitor weekly/monthly payment plans based on vendor dues,

payment priorities, and business requirements.

Forecast upcoming payment requirements and ensure critical/statutory

payments are planned in advance.

Prepare fund utilisation statements covering available funds, expected

inflows, planned payments, and other cash requirements.

Monitor daily/weekly fund position and utilisation and highlight potential

funding gaps to management.

Prioritise payments based on business criticality, due dates, statutory

obligations, and cash availability.

Review vendor ageing and ensure timely resolution of long-pending and

disputed balances.

Review and supervise the work of the Payables Executives/team, including

invoice accounting, reconciliations, payment proposals, and vendor ageing.

Ensure timely and accurate month-end/year-end payables closure and

provide schedules for audit and management reporting.

Coordinate with Procurement, Operations, Tax, HR, Treasury/Banking, and

other teams for timely payments and resolution of issues.

Key KPIs

Payment accuracy and control

Timely payment planning

Accuracy of fund utilization and cash requirement forecasts

Vendor reconciliation and ageing accuracy

Timely statutory and critical payments

Reduction in overdue/long-pending payables

Timely month-end closure

Effective review and supervision of the payables team

Ideal Candidate

A finance professional who can control and plan the payables function, not merely process invoices and payments, with the ability to clearly identify what needs to be paid, when it needs to be paid, how much funding is required, and how available funds should be utilized.

Qualification required: CMA Inter/CA Inter
Why Sid’s Farm?

Working at a Farm is fun and not quite literally though. But here we go with all the reasons to help you choose Sid’s Farm as your preferred workplace.

1 . Innovative Culture - With a commitment to quality and innovation, you’ll be part of a forward-thinking team that values fresh ideas and approaches with a new vision to act upon. If you’re passionate about high-quality dairy products and ideas, working at Sid's Farm allows you to be part of a team that shares that commitment and creativity.

2. Sustainability Focus : Sid's Farm prioritizes sustainable practices, allowing employees to contribute to environmentally friendly initiatives and feel good about their impact. Visit our Farm to gain a deeper understanding of what we do.

3. Growth Opportunities - As a growing company, there are ample chances for career advancement and professional development, allowing you to evolve alongside the business as you would be handling every nerve of the business. Working in a growing D2C Brand just elevates your learning curve by leaps and bounds.

4. Community Engagement - Sid's Farm actively engages with local communities, providing employees with opportunities to participate in outreach programs and make a difference.

5. Strong Values - The company emphasizes transparency, integrity, and customer satisfaction, fostering a positive and ethical work environment.

6. Doing what you Love - Here you will always end up doing what you love and in a more liberal way. Ideas and actions have no boundaries here as long as you have figured it all out.

In the meantime, we invite you to dive into our world by following us on Instagram and LinkedIn . There, you can explore our vibrant community, get a behind-the-scenes look at our farm, and stay updated on all the exciting things happening at Sid's Farm.

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