4mo ago

Team Member-AP OPS-OPS-Accounts Payable Operations (AP OPS)

India·MumbaiOn-sitemid

Finance & AccountingAccounts Payable

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Quick Summary

Overview

Key Responsibilities Manage the end-to-end Accounts Payable lifecycle including invoice receipt, verification, accounting, and payment processing in line with banking policies.

Technical Tools

Finance & AccountingAccounts Payable

Responsibilities

~1 min read

→Manage the end-to-end Accounts Payable lifecycle including invoice receipt, verification, accounting, and payment processing in line with banking policies.
→Process vendor payments in compliance with defined authorization matrices and banking operational guidelines.
→Monitor and ensure compliance with MSME regulations, including timely payments and reporting obligations.
→Apply and validate TDS and GST provisions during invoice processing and ensure compliance with statutory requirements.
→Support preparation and reconciliation of GST returns and TDS returns, ensuring regulatory accuracy.
→Prepare and maintain Outstanding Advances (OA) and Outstanding Liabilities (OL) schedules, including periodic review and reconciliation.
→Ensure compliance with internal audit, RBI guidelines, and statutory audit requirements.
→Liaise with internal stakeholders (finance, procurement, compliance) to resolve discrepancies.
→Identify and mitigate operational risks in the AP process and suggest control improvements.

Requirements

~1 min read

Minimum 4+ years of experience in Accounts Payable / Finance Operations, preferably within the banking or financial services sector.
Strong working knowledge of MSME compliance, TDS, and GST regulations.
Proven experience in handling invoice processing through payment and statutory compliance.
Experience in preparing OA / OL schedules and performing reconciliations.
Proficiency in MS Office (especially Excel); experience in banking ERP/core systems is a plus.

Strong understanding of financial controls, compliance frameworks, and audit requirements in a regulated environment.
Excellent analytical and reconciliation skills.
Effective communication and presentation skills for stakeholder interactions.
Strong team management and leadership capabilities.
High attention to detail and accuracy, with a risk-aware mindset.
Ability to manage multiple priorities and meet strict deadlines.

Nice to Have

~1 min read

Experience working with core banking systems or ERP platforms (SAP, Oracle, Finacle, etc.).
Exposure to internal/external audits and regulatory inspections (RBI, statutory auditors).
Familiarity with process automation tools (RPA, workflow systems).
Prior experience in a large bank or financial institution.