Senior Executive-Accounts Payable

Macmillan Publishers India Pvt Ltd.; Dadri; On-site; INR 700,000 - 1,100,000; Full time

Job summary

MPS Limited is seeking a Senior Executive Finance to manage end-to-end Accounts Payable and own key General Ledger and Record-to-Report activities in a SAP ERP environment. This hands-on role covers AP processing, month-end close, reconciliations, GST/TDS compliance, and MIS/audit reporting, with exposure to overseas entities, ensuring accurate financial statements.

The position requires 4–6 years in core accounting and a relevant finance qualification.

Qualifications

• 4 to 6 years in core accounting with exposure to AP and GL/R2R processes.
• Experience with SAP ERP and month-end close.
• Knowledge of GST/TDS compliance and tax reporting.

Responsibilities

• Process PO and Non-PO invoices in the AP tool and SAP ERP, ensuring accuracy and timeliness.
• Review invoices for supporting documentation and approvals prior to booking.
• Prepare TDS and GST reports with knowledge of rates and return-filing linkages.
• Book travel expenses against correct cost centers/GL codes.
• Create vendor master records in SAP and update vendor information.
• Prepare and maintain schedules for Prepaid Expenses, Provisions, Travel, Staff Advances, Admin Expenses, Freelancer Tracker, and Outsource Cost Report.
• Prepare and post journal entries for accruals, prepayments, provisions, and amortization in SAP.

Skills

SAP ERP FI/CO AP

GST/TDS knowledge

Ind AS knowledge

MS Excel

Reconciliation

Analytical skills

Communication

Education

B.Com / M.Com / MBA (Finance)

CA-Inter / CMA-Inter preferred

Tools

SAP ERP

AP automation tools

Excel

Job description

MPS Limited is looking for an Senior Executive Finance to manage the end-to-end Accounts Payable process while owning key General Ledger (GL) and Record-to-Report (R2R) activities. This is a hands‑on role suited to someone comfortable operating across transaction processing (AP), month‑end close, reconciliations, and MIS/audit reporting, in a SAP ERP environment within a listed company.

Experience 4 to 6 years in core accounting, with exposure to both AP and GL/R2R processes

Qualification-B.Com / M.Com / MBA (Finance); CA-Inter / CMA-Inter preferred

Role & responsibilities

A. Accounts Payable (AP)

• Process PO and Non-PO invoices in the AP tool and SAP ERP, ensuring accuracy and timeliness
• Handle AP mailbox queries from customers/vendors and respond proactively, tracking open items to closure
• Review all invoices for appropriate supporting documentation and approvals prior to booking
• Prepare TDS and GST reports, with good working knowledge of applicable rates, sections, and return-filing linkages
• Book Non-CTC travel expenses accurately against the correct cost centers/GL codes
• Create new vendor master records in SAP and update vendor information (bank details, tax registration, contact details) on an ongoing basis
• Coordinate with various departments and support the Business Development team on vendor and invoice-related matters
• Manage Petty Cash entries under the Imprest Account, including replenishment and reconciliation
• Prepare and maintain schedules for Prepaid Expenses, Provisions, Travel, Staff Advances, Admin Expenses, Freelancer Tracker, and Outsource Cost Report

B. General Ledger (GL) & Record-to-Report (R2R)

• Prepare and post journal entries for accruals, prepayments, provisions, and amortization in SAP, ensuring correct GL coding and cost-center allocation
• Perform General Ledger scrutiny and balance sheet account reconciliations on a monthly basis, ensuring all open/unreconciled items are tracked and cleared within agreed timelines
• Maintain the Fixed Asset Register (FAR) capitalization, depreciation run, asset transfers/disposals, and periodic physical verification support
• Prepare Bank Reconciliation Statements (BRS) and resolve reconciling items in a timely manner
• Support intercompany reconciliations and elimination entries, including coordination with overseas group entities where applicable
• Drive monthly and year-end book closure activities in line with the Group close calendar, ensuring all schedules are completed and signed off
• Prepare Trial Balance, P&L, and Balance Sheet schedules for management review, along with variance analysis (MoM/YoY) and supporting commentary
• Assist in preparation of standalone/consolidated financial statements in compliance with Ind AS, Schedule III of the Companies Act, and other applicable accounting standards
• Maintain unbilled revenue, deferred revenue, and revenue recognition schedules, and reconcile these with the GL and billing systems
• Reconcile GST/TDS ledgers with Form 26AS/2A/2B and follow up on mismatches with the compliance team
• Support statutory, internal, and tax auditors by preparing audit schedules, responding to queries, and ensuring adherence to Internal Financial Controls (IFC)
• Contribute to monthly MIS preparation and Audit schedule compilation for management and audit committee reporting
• Exposure to accounting for overseas subsidiaries / ODI-related transactions (e.g., FEMA reporting inputs, foreign remittance accounting) will be an added advantage, given MPS's overseas group structure

Skills & Competencies

• Strong working knowledge of SAP ERP (FI module AP, GL, Asset Accounting); exposure to AP automation tools is a plus
• Sound understanding of Indian direct and indirect tax compliance as relevant to accounting (TDS, GST)
• Working knowledge of Ind AS and Schedule III financial statement requirements
• Strong reconciliation, analytical, and problem-solving skills with high attention to detail
• Ability to manage multiple stakeholders internal departments, vendors, and auditors with a proactive, service-oriented approach
• Good MS Excel skills (pivot tables, lookups, reconciliation templates); MS Office proficiency generally
• Strong ownership of deadlines, particularly around month-end close and audit timelines
• Good written and verbal communication skills

Key Interfaces

• Internal: Business units, Business Development, Treasury, Direct/Indirect Tax teams, Group Finance
• External: Vendors/customers (AP queries), Statutory Auditors, Internal Auditors, Tax Consultants