Karnataka, India (On-site)

Manager - Accounts Payable

1 Month ago • 5-7 Years • Account Management

About the job

3 skills required for this role

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communication

team-player

cross-functional

Job Description

As Manager - Accounts Payable at PhonePe, you'll own AP SLAs, ensuring vendor invoice validation, accounting, and payments comply with regulations. You'll liaise with stakeholders, deliver MIS reporting and dashboards, and implement process improvements. Managing a team of 15+, you'll ensure adherence to AP processes and a strong risk and control framework. Experience in AP activities, shared service setups, GST, and TDS is crucial, along with strong communication and problem-solving skills.

Must have:

Owns AP SLAs and ensures compliance
Manages a team of 15+ members
Liaises with cross-functional stakeholders
Implements process improvements in AP
Experience in AP, accounting, GST, TDS

Perks:

Medical Insurance
Critical Illness Insurance
Accidental Insurance
Life Insurance
Employee Assistance Program
Maternity Benefit
Paternity Benefit Program
Adoption Assistance Program
Day-care Support Program
Relocation benefits
Higher Education Assistance
Car Lease
Salary Advance Policy

About PhonePe Group:

PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

Culture

At PhonePe, we take extra care to make sure you give your best at work, Everyday! And creating the right environment for you is just one of the things we do. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!

Key responsibilities:

1. Owns the Accounts Payables (AP) SLAs - vendor invoice validation, accounting and payments while ensuring compliance with controls, accounting policies, GST and TDS regulations

2. Liaise with cross-functional stakeholders to ensure adherence to the AP processes

3. Owns and delivers MIS reporting and dashboards on AP team SLAs

4. Propose and lead implementation of process improvements in AP activities, document and oversee risk and control framework

5. Manage a team of motivated individuals in delivering SLAs as described above

Requirements:

1. Experience in AP activities including working understanding of accounting, GST and TDS concepts

2. Experience in shared service setup managing AP process

3. Excellent communication and influencing skills
4. Strong bias for action, problem solving and ownership
5. Ability to develop strong relationships with stakeholders and be a team player

6. Ability to manage a team of 15+ members involved in transaction processing activities

Qualification & Experience

CA - 5 to 7 years of experience

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment
Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy

Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.

Life at PhonePe

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About The Company

Phonepe

149 Active Jobs

PhonePe was founded in December 2015 and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 48 crore (480 Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.6 crore (36 Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% of the postal codes across India. PhonePe is also the leader in Bharat Bill Pay System (BBPS), processing over 45% of the transactions on the BBPS platform. PhonePe forayed into financial services in 2017, providing users with safe and convenient investing options on its platform. Since then, the company has introduced several Mutual Funds and Insurance products that offer every Indian an equal opportunity to unlock the flow of money and access to services. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2023 by Trust Research Advisory (TRA).