Job Description: Accounts Payable (AP) / Budget & Forecasting
Job Title: Sr. Executive/Assistant Manager
Key Responsibilities:
Process and manage invoices accurately and in a timely manner.
Verify vendor bills with Purchase Orders (PO), Goods Receipt Notes (GRN), and other supporting documents.
Manage payments to vendors, contractors, and service providers.
Reconcile accounts payable transactions and resolve discrepancies.
Maintain vendor master data and ensure compliance with company policies.
Assist with month-end closing activities related to AP.
Prepare reports like aging reports, outstanding payables, etc.
Handle TDS, GST, and other applicable tax compliances related to payments.
Coordinate with internal departments and vendors for payment clarifications.
Prepare annual and monthly budgets for departments or production units.
Track actuals against budgets and report variances.
Coordinate with departments for budgeting inputs and forecasts.
Analyse costs of materials, labour, and job work to ensure profitability.
Manage outsourced job work – from work orders to delivery.
Evaluate vendor job work charges vs internal cost efficiency.
Monitor the inventory usage related to job work.
Skills Required:
Strong understanding of accounting principles.
Knowledge of TDS, GST, and statutory payments.
Proficiency in ERP systems (e.g., Tally, SAP, Oracle).
Attention to detail and problem-solving skills.
Good communication and vendor management skills.
Strong analytical and budgeting skills.
Budgeting & Forecasting
Key Responsibilities:
Prepare annual and monthly budgets for departments or production units.
Track actuals against budgets and report variances.
Coordinate with departments for budgeting inputs and forecasts.
Analyse costs of materials, labour, and job work to ensure profitability.
Manage outsourced job work – from work orders to delivery.
Evaluate vendor job work charges vs internal cost efficiency.
Monitor the inventory usage related to job work.