Accounts Payable Manager (P2P)

Lykora is actively seeking a highly experienced and dedicated Accounts Payable Manager (P2P) to join our dynamic team in Juhi Nagar, Navi Mumbai. This pivotal role requires a seasoned professional with extensive expertise in the Procure-to-Pay (P2P) cycle and a strong background in leading financial operations. As an Accounts Payable Manager, you will be instrumental in overseeing all aspects of our vendor payment processes, ensuring compliance, and driving efficiency within our finance department. If you have a proven track record in P2P management and mastery of Oracle ERP, we invite you to explore this exciting opportunity.

Key Responsibilities

• Lead and strategically manage the entire Procure-to-Pay (P2P) cycle, ensuring seamless operations from the accurate receipt of vendor invoices through to timely payment processing.
• Ensure stringent compliance with all relevant statutory regulations, including Goods and Services Tax (GST), Tax Deducted at Source (TDS), and Micro, Small & Medium Enterprises (MSME) payment guidelines.
• Oversee and optimize all vendor payment activities, proactively addressing and resolving any payment-related queries or discrepancies to maintain excellent vendor relationships.
• Prepare comprehensive and insightful financial reports and Management Information Systems (MIS) reports, providing critical data for executive decision-making and operational strategy.
• Facilitate effective communication and foster strong coordination with various cross-functional teams to streamline inter-departmental processes and enhance overall operational harmony.
• Provide strong leadership, mentorship, and performance management to the Accounts Payable team, cultivating a collaborative, efficient, and high-performing work environment.

Requirements

• A minimum of 10+ years of progressive experience in Accounts Payable, P2P management, or a related finance function, with a demonstrably strong track record.
• Mandatory hands-on expertise and advanced proficiency with Oracle ERP systems; experience with other major Enterprise Resource Planning (ERP) platforms is a definite advantage.
• Demonstrated leadership capabilities with 3-5 years of direct experience in successfully managing, coaching, and developing an Accounts Payable team.
• In-depth knowledge of end-to-end P2P processes, best practices, and a comprehensive understanding of statutory compliance, including GST, TDS, and MSME regulations.
• Exceptional analytical skills, meticulous attention to detail, and an unwavering commitment to accuracy in all financial reporting and data management.
• Strong interpersonal and communication skills, with the ability to collaborate effectively with internal stakeholders and external vendors.

What We Offer

• An exceptional opportunity to lead a critical financial function within a growing and reputable company in Navi Mumbai.
• A collaborative and supportive work environment where your expertise as an Accounts Payable Manager is highly valued and your contributions make a tangible impact.
• A competitive compensation package that is commensurate with your extensive experience and qualifications.
• Opportunities for continuous professional development and career advancement within the organization.
• The chance to play a significant role in maintaining the company’s financial health and operational excellence.