Assistant Manager - Accounts Payable

Essar Group; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Essar Global Fund Limited is seeking an experienced Accounts Payable professional to oversee end-to-end AP processes in Mumbai. The role focuses on invoice processing, vendor payments, and reconciliations, ensuring compliance with GST/TDS and timely SLAs.

You will review invoices, manage vendor data, support month-end closures, and assist audits. A Bachelor’s degree and strong analytical skills are essential, with mentoring responsibilities for junior teammates.

Qualifications

• Bachelor's degree in finance or related field.
• Experience in accounts payable processes.
• Knowledge of GST and TDS compliance.
• Strong reconciliation and reporting skills.
• Experience with month-end and year-end processes.
• Ability to drive process improvements and automation.

Responsibilities

• Oversee end-to-end accounts payable processes.
• Process invoices and vendor payments in line with SLAs.
• Review and approve invoices and payment proposals.
• Manage vendor master data and ensure compliance.
• Handle vendor queries and resolve discrepancies.
• Prepare AP ageing, accruals, MIS reports.
• Support audits and assist in closures.
• Collaborate with procurement and other teams for validation.
• Drive improvements and mentor junior team members.

Skills

Accounts payable

Invoice processing

Vendor payments

Reconciliations

GST compliance

TDS compliance

MIS reporting

Month-end close

Process improvement

Automation

Mentoring juniors

Education

Bachelor's degree

Tools

Excel

ERP software

Job description

Oversee end-to-end accounts payable processes including invoice processing, vendor payments, and reconciliations

Ensure timely processing of vendor invoices in line with agreed SLAs

Review and approve invoices, debit/credit notes, and payment proposals

Manage vendor master data and ensure proper documentation and compliance

Handle vendor queries, escalations, and resolution of discrepancies

Ensure compliance with GST, TDS, and other applicable statutory requirements

Prepare and review monthly AP ageing, accruals, and MIS reports

Support month-end and year-end closing activities

Coordinate with procurement, operations, and other internal teams for invoice validation and approvals

Assist in audits (internal, statutory, and tax) by providing required data and explanations

Drive process improvements, automation, and control enhancements within AP

Guide and mentor junior team members to ensure accuracy and efficiency

About Us

Essar Global Fund Limited (EGFL) is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy, Infrastructure (comprising Ports and EPC businesses), Metals & Mining, and Services (Shipping, IT and Retail businesses). EGFL invests long-term capital into the portfolio companies and holds near 100% stake in all its investments. The fund operates with a sense of active ownership, which involves direct engagement with the management of the respective businesses. The business has an investment portfolio of USD 9.3 billion with aggregate revenues of portfolio companies of USD 11 billion.

Job Info

• Job Identification 2327
• Job Category Finance & Accounts
• Degree Level Bachelor's Degree
• Job Schedule Full time