Manager – Accounts Payable

Manager – Accounts Payable
  • Full Time
  • Sricity

Krea University

Job title: Manager – Accounts Payable

Department: Finance & Accounts

Work Location: Sricity

Experience:  7 years or more with 3+ years in lead role (educational organization experience is preferred)

Educational Qualification:  MBA Finance / CA Inter / CMA Inter / M.com

Reporting to:  CFO

Position: Full-time

Salary: As per Institution standard

Your responsibilities will include but not be limited to:

  1. Procure-to-Pay (P2P) Process Alignment
  • Standardize the end-to-end P2P cycle, ensuring seamless integration between procurement, receiving, and finance.
  • Identify and resolve bottlenecks in the invoice approval workflow.
  • Monitor and improve 3-way matching accuracy to minimize manual reconciliations
  • Review and validate invoices, ensuring completeness of details such as supplier information, invoice number, date, tax identification, and bank account details.
  • Maintain a tracker for incoming vendor invoices to ensure timely processing.
  • Process vendor invoices and resolve related queries effectively.
  • Provide accurate estimates for periodic payment runs to support funds planning.
  • Prepare periodic payment runs, wire transfer instructions/files, and distribute payment advice to vendors.
  • Respond to and resolve vendor payment related queries via email in a timely manner.
  • Independently execute transactional tasks to support compliance, planning, and execution of AP processes.
  • Collaborate with requisitioners (via calls/emails) to resolve queries in line with AP guidelines.
  • Adhere to internal compliance policies and operational guidelines set by management.
  • Support ad-hoc reporting and requests from management.
  1. Taxation & Compliance
  • Direct Taxes: Income Tax, TDS, assessments, notices
  • Indirect Taxes: GST compliance, returns, reconciliation, audits
  • Liaison with tax authorities, auditors, consultants
  • Ensuring timely statutory filings and compliance calendar.
  1. Treasury & Cash Flow Management
  • Cash flow planning and working capital management
  • Banking operations, fund utilization
  • Monitoring receivables, payables.
  1. Internal Controls & Process Improvement
  • Strengthening internal control systems & SOPs
  • Risk assessment and mitigation
  • Implementation of best financial practices.
  1. Vendor Onboarding & Relationship Management
  • Own the vendor onboarding workflow, ensuring all compliance, tax, and banking documentation is verified.
  • Act as the primary escalation point for vendor disputes and payment inquiries.
  • Maintain the integrity of the Vendor Master File through regular audits and clean-ups.
  1. Systems & Tool Upgradation
  • Serve as a Subject Matter Expert (SME) during the migration or upgrade of our accounting software/ERP.
  • Lead User Acceptance Testing (UAT) and troubleshoot workflow issues within the new system.
  • Develop standard operating procedures (SOPs) for the new tool and train the AP team on best practices.

Skills Required:

Soft Skills:

  • Ability to lead and manage a team of 2–4 members.
  • Strong knowledge of Accounting, Taxation & Corporate Laws
  • Hands-on experience in ERP / SAP / Advanced Excel
  • Proven ability to manage high volumes of workload while meeting deadlines.
  • Analytical, detail-oriented, and leadership skills
  • Ability to work both independently and collaboratively with minimal supervision.
  • Strong communication & stakeholder management

Technical Skills:

  • Proficiency in MS Office Suite
  • Advanced skills in Excel
  • Expertise in data analysis and visualization tools

Interested candidates please mail your CV to [email protected]. The subject line for the email should be Name Application for Manager – Accounts Payable.

Application Process:

Interested candidates should submit their resume, a cover letter detailing their relevant experience, and contact information [email protected]. Please fill the application form attached herewith (mandatory) – Click here for the application.

Krea University is an equal opportunity employer and encourages applications from individuals of all backgrounds. Remuneration will be competitive with Indian non-profit pay scales and will depend upon the candidate’s experience levels and the overall organization’s salary structure.

Note: The roles and responsibilities outlined above are not meant to be an exhaustive list of tasks. The need for flexibility is required, and the job holder is expected to carry out any other related duties that are within the employee’s skills and abilities whenever reasonably instructed.

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Note: Only shortlisted candidates will be contacted.