Job Title

Manager – Accounts Payable

Function

Accounts

Reporting to

Regional Controller

1. Purpose

Lead all activities pertaining to accounts payable in the region

2. Key Responsibilities

Responsibilities

Operational

·Ensure all accounts payable transactions in the regionand adherence to set standards for Accounts Payable process

·Ensure timely payments through effective implementation of all key processes within Accounts Payable function in the region which includes Bill Booking, Invoice Verification and Payments

·Ensure timely and accurate payment processing to PDAs, DAs and RSPs in line with agreements

·Coordinate with the Regional Fleet to monitor all contracts with vehicle suppliers and maintenance contracts and conduct payment processing as per the contracts; tally payments with bills raised in the GNMS system

·Ensure timely and accurate processing of payments for all regional materials procurement (i.e. other than Capex procurement)

·Liaise with the government officials to process all payments related to tax on the movement of goods, interstate levies, octroi, N-form payments, customs duties etc. as per the defined regulatory norms

• Ensure effective maintenance of records of accounts payable for analysis of variances and tracking with respect to regional budget
• Ensure compliance to statutory requirements and respond appropriately to audit queries

3. Key Result Areas and Key Performance Indicators

S. No.

Key Result Areas

Key Performance Indicators

1.

Adhere to set standards for Accounts Payable Process

·Adherence to SLAs and standards for Accounts Payable process

2.

Ensure efficiency in accounts payable process

·% timely payments made to PDAs, DAs, RSPs, etc.

·Adherence to timelines for regulatory payments

3.

Maintenance of documentation and record keeping

·Number of deviations observed in documentation requirements

4.

Ensure performance driven culture

·Adherence to performance management system timelines and guidelines