flipkart

Assistant Manger - Accounts Payable

flipkart
Bangalore
Not disclosed
5 - 0 Years
Posted:
30+ days ago
Full time
Applicants:
12
Job Description

Role & responsibilities

1. Reporting and Actualization:


  • Prepare, review, and distribute accurate financial reports related to Accounts Payable activities.
  • Ensure timely actualization of expenses, invoices, and payments into the financial system.
  • Track and report on all outstanding liabilities, accruals, and provisions monthly.
  • Maintain and analyze AP aging reports and reconciliation.

2. Provisioning and Forecasting:


  • Lead the process for monthly accruals and provisioning for unprocessed invoices, ensuring alignment with accounting standards.
  • Collaborate with the Business finance team to analyze variances and adjust provisions accordingly.

3. Compliance and Internal Controls:


  • Ensure compliance with internal policies, SOX, and regulatory requirements related to Accounts Payable processes.
  • Implement and monitor internal controls for the AP process to prevent fraud and ensure data accuracy.
  • Prepare for and assist in internal and external audits by providing required reports and documentation.

4. Process Improvement:


  • Identify inefficiencies in the AP reporting process and develop solutions for improvement.
  • Lead automation projects for reporting tools to increase efficiency and accuracy.
  • Work closely with IT and finance departments to optimize systems and data management for reporting purposes.





About the company


Company LogoFlipkart


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Overview

The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip.

Started in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in Indias digital commerce revolution. With a registered customer base of more than 500 million, Flipkarts marketplace offers over 150 million products across 80+ categories. Today, there are over 14 lakh sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has created lakhs of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart is known for pioneering services such as Cash on Delivery, No Cost EMI and easy returns, which are customer-centric innovations that have made online shopping more accessible and affordable for millions of Indians. In 2024, Flipkart also introduced the Flipkart UPI handle to further enhance its digital payment offerings for all customers and further India’s digital economy vision.

Job Requirment
Role:
Assistant Manger - Accounts Payable
Industry:
Internet
Department:
Finance & Accounting
Employment Type:
Full time
Education
Graduate
Skills
Accounts payable
Communication
Finance
Financial services
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