Financial Operations Manager

Job Description

As an experienced and detail-oriented Accounts Payable/Accounts Receivable (AP/AR) Manager at our dynamic automotive company in Mumbai, you will oversee the entire accounts payable and receivable functions to ensure accurate and timely financial processing, reporting, and compliance with company policies and regulations.Key Responsibilities:- **Accounts Payable Management:** - Oversee invoice processing, payment approvals, and vendor management. - Ensure timely and accurate processing of invoices and payments to vendors. - Review and reconcile vendor statements, resolving discrepancies. - Manage month-end and year-end closing processes for accounts payable. - Develop and implement AP policies and procedures for efficiency and control.- **Accounts Receivable Management:** - Oversee invoicing, collections, and customer account management. - Ensure timely and accurate processing of customer invoices and payments. - Monitor aging accounts receivable for timely collections. - Resolve customer billing issues and disputes promptly. - Develop and implement AR policies and procedures for efficiency and control.- **Team Management:** - Lead and mentor the AP/AR team for high performance. - Conduct regular performance reviews and provide feedback. - Foster a collaborative and positive work environment within the team.- **Financial Reporting and Compliance:** - Prepare and analyze AP/AR reports for management review. - Ensure compliance with company policies, accounting standards, and regulatory requirements. - Assist in the preparation of financial statements and audits. - Maintain accurate and organized financial records and documentation.- **Process Improvement:** - Identify and implement process improvements for AP/AR functions. - Collaborate with other departments to streamline workflows and improve financial operations.Qualifications:- Bachelors degree in Accounting, Finance, or a related field.- 5-7 years of experience in accounts payable and accounts receivable management, preferably in the automotive industry.- Strong knowledge of accounting principles, practices, and regulations.- Proficiency in accounting software and Microsoft Office Suite.- Excellent analytical and problem-solving skills.- Strong organizational and time management skills.- Effective communication and interpersonal skills.- Demonstrated leadership and team management abilities.- Attention to detail and high accuracy.Preferred Qualifications:- Experience with ERP systems (e.g., SAP, Oracle).- Skilled certification (e.g., CPA, CMA) is a plus.- Knowledge of GST and other relevant tax regulations in India. As an experienced and detail-oriented Accounts Payable/Accounts Receivable (AP/AR) Manager at our dynamic automotive company in Mumbai, you will oversee the entire accounts payable and receivable functions to ensure accurate and timely financial processing, reporting, and compliance with company policies and regulations.Key Responsibilities:- **Accounts Payable Management:** - Oversee invoice processing, payment approvals, and vendor management. - Ensure timely and accurate processing of invoices and payments to vendors. - Review and reconcile vendor statements, resolving discrepancies. - Manage month-end and year-end closing processes for accounts payable. - Develop and implement AP policies and procedures for efficiency and control.- **Accounts Receivable Management:** - Oversee invoicing, collections, and customer account management. - Ensure timely and accurate processing of customer invoices and payments. - Monitor aging accounts receivable for timely collections. - Resolve customer billing issues and disputes promptly. - Develop and implement AR policies and procedures for efficiency and control.- **Team Management:** - Lead and mentor the AP/AR team for high performance. - Conduct regular performance reviews and provide feedback. - Foster a collaborative and positive work environment within the team.- **Financial Reporting and Compliance:** - Prepare and analyze AP/AR reports for management review. - Ensure compliance with company policies, accounting standards, and regulatory requirements. - Assist in the preparation of financial statements and audits. - Maintain accurate and organized financial records and documentation.- **Process Improvement:** - Identify and implement process improvements for AP/AR functions. - Collaborate with other departments to streamline workflows and improve financial operations.Qualifications:- Bachelors degree in Accounting, Finance, or a related field.- 5-7 years of experience in accounts payable and accounts receivable management, preferably in the automotive industry.- Strong knowledge of accounting principles, practices, and regulations.- Proficiency in accounting software and Microsoft Office Suite.- Excellent analytical and problem-solving skills.- Strong organizational and

Keyskills :
Accounts PayableAccounts ReceivableReportingComplianceVendor ManagementInvoice ProcessingReconciliationInvoicingCollectionsTeam ManagementFinancial ReportingProcess ImprovementAnalytical SkillsTime ManagementCommunication SkillsInterpersona