Accounts Payable Operations
Oversee the end-to-end AP process: invoice processing, approvals, payments, and reconciliations.
Ensure timely payment to vendors and maintain positive vendor relationships.
Team Management
Lead and supervise AP team members, provide guidance, and ensure adherence to process standards.
Train and mentor juniors, monitor performance, and handle escalations.
Compliance & Controls
Ensure adherence to internal policies, statutory regulations, and audit requirements.
Maintain proper documentation, approvals, and records for financial audits.
Process Improvement
Identify opportunities to automate or streamline AP processes.
Implement best practices to improve efficiency and reduce errors.
Reporting & Analysis
Prepare monthly AP reports, vendor aging analysis, and reconciliation statements.
Provide insights to Finance Manager/Head for decision-making.
Collaboration
Coordinate with Procurement, Finance, and Operations teams to resolve payment issues.
Communicate with vendors for queries, disputes, and timely resolution.
Salary / CTC: Fixed monthly or annual compensation.
Performance Bonus / Incentives: Based on accuracy, process efficiency, and team performance.
Provident Fund (PF) & Gratuity: Long-term retirement benefits.
Overtime / Allowances: For extra hours or special assignments.
Variable Pay / Incentives: Some companies provide quarterly or annual bonuses based on KPIs.
Medical Insurance / Mediclaim: Coverage for employee and dependents.
Accidental Insurance: Protection against workplace or personal accidents.
Wellness Programs: Annual health check-ups, fitness programs, or wellness initiatives.
Casual Leave (CL): For short-term personal needs.
Sick Leave (SL): For illness or emergencies.
Earned / Privilege Leave (EL/PL): For vacations and planned holidays.
Maternity / Paternity Leave: As per statutory norms.
Public / Festival Holidays: Paid holidays according to company policy.
Training & Development Programs: Accounting, finance, ERP systems, and leadership training.
Professional Development Sponsorship: Courses or certifications in accounting/finance.
Performance Appraisal & Promotions: Career growth based on team and individual performance.
Cross-Functional Exposure: Work with procurement, finance, and operations teams.
Founded in 1953 in Hyderabad, Biological E. is a privately held Indian biopharmaceutical company specializing in vaccines, biologics, branded formulations, and injectable generics. A pioneer in affordable vaccine production, BE was the first privat... Read More