Vertical Head-Accounts Payable

Tata Power; Mumbai; On-site; INR 1,100,000 - 1,700,000; Full time

Job summary

Tata Power is seeking a finance professional to lead payables operations, drive automation, and ensure timely closing of AP accounts in Mumbai. You will oversee ERP/SAP-driven processes, implement digital transformation, manage vendor relations, and deliver MIS reports while aligning with internal stakeholders across Procurement, Treasury, Tax and BU units.

You will drive SLA-based service excellence within FCOE, coordinate with cross-functional teams, and ensure adherence to Indian

Responsibilities

• Review and clearing of retention release notes and disbursal of payments.
• Strong command of AP systems (SAP etc.)
• Attrition rate (especially regrettable attrition)
• Gender Diversity & Talent Development Metrics
• Ability to drive transformation initiatives and manage cross-functional teams.
• Adherence to SLAs and operational efficiency metrics
• Ability to analyse process gaps and implement best practices.
• Execute structured job rotations to promote career development and cross-functional expertise.
• Drive automation and digital transformation initiatives in AP through ERP optimization, e-invoicing, OCR, and AI tools.
• Execution of Payment run as per SAP due dates.
• Oversee centralization or FCOE (Finance Centre of Excellence) strategies for AP operations.
• Lead timely closure of AP-related accounts, coordinating with cross-functional teams for financial reporting accuracy.
• Prepare and publish regular MIS reports for management review
• Oversee strategic vendor relationship management and timely resolution of escalations.
• Schedule and monitor stakeholder engagement activities, ensuring alignment across business units.
• Drive SLA-based service excellence within FCOE, including onboarding additional group companies into the shared service framework.
• Build strong relationships with internal stakeholders (Procurement, Treasury, Tax, Business Units).
• Knowledge of Domestic Company laws and Indian Tax Regime.

Job description

Role & responsibilities

• Review and clearing of retention release notes and disbursal of payments.
• Strong command of AP systems (SAP etc.)
• Attrition rate (especially regrettable attrition)
• Gender Diversity & Talent Development Metrics
• Ability to drive transformation initiatives and manage cross-functional teams.
• Adherence to SLAs and operational efficiency metrics
• Ability to analyse process gaps and implement best practices.

You would be responsible for

• Execute structured job rotations to promote career development and cross-functional expertise.
• Drive automation and digital transformation initiatives in AP through ERP optimization, e-invoicing, OCR, and AI tools.
• Execution of Payment run as per SAP due dates.
• Oversee centralization or FCOE (Finance Centre of Excellence) strategies for AP operations.
• Lead timely closure of AP-related accounts, coordinating with cross-functional teams for financial reporting accuracy.
• Prepare and publish regular MIS reports for management review
• Oversee strategic vendor relationship management and timely resolution of escalations.
• Schedule and monitor stakeholder engagement activities, ensuring alignment across business units.
• Drive SLA-based service excellence within FCOE, including onboarding additional group companies into the shared service framework.
• Build strong relationships with internal stakeholders (Procurement, Treasury, Tax, Business Units).
• Knowledge of Domestic Company laws and Indian Tax Regime.