Payable Manager

Posted Yesterday
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Faridabad, Haryana, IND
In-Office
Senior level
Solar
The Role
Manage end-to-end accounts payable operations including invoice processing, approvals, payments, vendor reconciliations, tax compliance (GST/TDS), and month-end close. Lead and mentor the AP team, implement controls and SOPs, drive ERP-based automation (Zoho Books/SAP), negotiate vendor terms, and prepare MIS reports to optimize cash flow and working capital.
Summary Generated by Built In

Accounts Payable Operations

Manage complete accounts payable cycle: invoice processing, verification, approvals, and

payments

Ensure timely and accurate processing of vendor invoices and expense claims

Monitor aging reports and maintain optimal payable cycles

2. Vendor Management

Maintain strong relationships with vendors and resolve discrepancies or disputes

Ensure proper vendor onboarding with KYC and compliance documentation

Negotiate payment terms and improve working capital efficiency

3. Compliance & Controls

Ensure compliance with GST, TDS, and other statutory requirements

Review and validate tax deductions and filings related to payables

Strengthen internal controls and audit trails for all transactions

4. Financial Reporting & Reconciliation

Perform monthly vendor reconciliations and ledger scrutiny

Assist in month-end and year-end closing activities

Prepare MIS reports related to payables, cash flow, and liabilities

5. Process Improvement & Automation

Drive automation in payable processes using ERP systems (Zoho Books, SAP, etc.)

Identify inefficiencies and implement process improvements

Ensure proper documentation and SOPs for all AP processes6. Team Management

Lead and mentor the accounts payable team

Set KPIs and monitor team performance

Coordinate with procurement, finance, and other departments



Requirements

Strong knowledge of GST, TDS, and Indian accounting standards

Expertise in vendor reconciliation and financial controls

Analytical and problem-solving skills

High attention to detail and accuracy

Leadership and team management skills

Proficiency in Excel and financial reporting tools


Qualifications & Experience

Chartered Accountant (CA) – Mandatory

5+ years of relevant experience in Accounts Payable / Finance

Experience in manufacturing / distribution / retail industry preferred

Hands-on experience with ERP systems (Zoho Books preferred)



Benefits

Freedom to “follow your passion”

Opportunity to work with one of India’s fastest-growing Solar companies

Regular training on creative tools & AI tools

Growth opportunities in Finance Domain

Performance-based incentives & salary growth

Hands-on exposure with leadership team



Skills Required

  • Chartered Accountant (CA)
  • 5+ years relevant experience in Accounts Payable / Finance
  • Strong knowledge of GST, TDS, and Indian accounting standards
  • Experience in vendor reconciliation and financial controls
  • Hands-on experience with ERP systems
  • Experience with Zoho Books (preferred)
  • Proficiency in Excel and financial reporting tools
  • Leadership and team management skills (setting KPIs, mentoring)
  • Experience with vendor onboarding, KYC, and compliance documentation
  • Experience in manufacturing / distribution / retail industry
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The Company
HQ: Faridabad
100 Employees
Year Founded: 2018

What We Do

Loom Solar is a manufacturer of solar panels and lithium batteries based out of Faridabad, Haryana. It is an ISO 9001-2015 certified company and a recognized startup by the government of India. It is present in 500 districts across India, having 3,500 resellers, 100 employees, two offices and one manufacturing unit.

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