Accounts Payable Accountant

About the Role

The Senior Executive to Senior Manager will oversee financial reporting, strategic planning, internal controls, team management, cash flow management, and stakeholder management.

Responsibilities

Financial Reporting and Accounting:

• Oversee the preparation of financial statements, ensuring accuracy and compliance with regulatory requirements and standards.
• Oversee the overall accounting operations including vendor bills, employee claims and reimbursements, sales invoices, payroll and other statutory returns.
• Analyze financial data and provide insights to support business decisions.
• Prepare monthly, quarterly, and annual financial reports.

Strategic Planning:

• Providing financial analysis to support long-term strategic planning.
• Provide cost control measures and identify potential avenues of cost reduction.
• Optimum utilization of resources and identify/explore new streams/sources of revenue.

Internal Controls and Compliance:

• Ensure robust internal controls are in place and operational.
• Oversee compliance with financial regulations and organization policies.
• Liaise and coordinate with statutory auditors, internal auditors and tax advisors and tax authorities.

Team Management:

• Lead and develop the finance team members, providing coaching and mentoring.
• Allocate tasks and responsibilities within the finance department.
• Foster a culture of continuous improvement and professional development.

Cash Flow Management:

• Manage the organizations cash flow ensuring liquidity and financial stability.
• Oversee treasury functions, including banking relationships and debt management.
• Optimize working capital and cash management strategies.

Stakeholder Management:

• Collaborate with other departments to ensure alignment of financial objectives with business goals.
• Present financial results and strategies to senior management.
• Increase overall satisfaction of faculty and staff, students and other relevant stakeholders.

Qualifications

• Masters degree in finance, accounting or related field.
• Professional qualifications such as CA Inter or ICWA Inter.

Required Experience:

• Senior Executive: Minimum 4 years.
• Deputy Manager: Minimum 8 years.
• Manager/ Senior Manager: Minimum of 12-14 years of experience in finance and accounts, with at least 5-7 years in a managerial role.
• Experience in financial planning, analysis and reporting.
• Experience in managing a team of finance members.
• Good knowledge in MS Excel & Dashboard preparation.

Required Skills

• Strong leadership and people management skills.
• Excellent analytical and problem-solving skills.
• Proficient in financial software and ERP systems.
• Strong understanding of financial regulations and compliance.
• High attention to detail and accuracy.
• Ability to communicate complex financial information to non-finance stakeholders.

Preferred Skills

• Strategic thinker with a proactive approach.
• Ability to work under pressure and meet tight deadlines.
• Strong ethical standards and integrity.
• Flexibility and adaptability in a fast-paced environment.