Associate Manager – Accounts Payable ( SAP – FICO)

2 - 5 Years

Job Description

Purpose of the Job : -
Processing of vendor / utility bills, creation of PRs in SAP, Enable timely closure of month-end accounting, Support the RAM/RAE in ensuring timely compliances on all TAX related matters and coordination with HO team for the same.

Duties and Responsibilities : -

  • Parking and assigning of all non-FR Vendor bills and Employe+D29es claims within one day TAT.
  • Bill processing TAT to be met for at least 100% of the bills processed.
  • Daily scanning and uploading docs (KR/RE/UT/ER) processed in SAP
  • Reduce average TAT to 9 days (Baseline date TAT- Date of submission by Vendor till Payment payment processing) and end-to-end average doc date.
  • Bill processing Accounts TAT to be met for 100% of the bills processed & 100% Vendor bill processing within due date (% of bills processed beyond due date).
  • Maintaining error free daily updated trackers for bills inwarding,efficiency data (including accounts receipt date stamp on face of bill) and other dashboard items.
  • Initiating and supporting for achievement of > 25 lacs cost savings for the Region under guidance from RAM/RAE. Closure of at least 4 improvement initiatives.
  • Providing inputs/suggestions to RAM/RAE for cost saving opportunities.
  • Supporting RAM/RAE in all fixed assets related activities.
  • Barcoding of newly capitalized assets before month end.Prompt reporting after receipt of information of misc collections at branches collection.
  • Demonstrated collaboration and people engagement actions.
  • Process awareness mailers at least twice a month.

Candidate Required : -

  • Commerce Garduate with minimum 2-5 Years experience into Accounts Payable.
  • Canddiate must be SAP - FICO Certified.
  • Preferred Industry : CA Firm / BFSI / E-Commerce.

Salary: Not Disclosed by Recruiter


Functional Area:Accounts, Finance, Tax, Company Secretary, Audit

Role Category:Accounts

Role:Accounts Executive/Accountant

Employment Type:Permanent Job, Full Time

Key Skills

Desired Candidate Profile

Please refer to the Job description above


UG:B.Com - Commerce

Company Profile

HDFC Standard Life Insurance Company Ltd
HDFC Standard Life Insurance Company Ltd. is one of India's leading private life insurance companies, which offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC Ltd.), India's leading housing finance institution and The Standard Life Insurance Company, a leading provider of financial services from the United Kingdom. Both the promoters are well known for their ethical dealings and financial strength and are thus committed to being a long-term player in the life insurance industry.
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Recruiter Name:Vasundhara Joshi

Contact Company:HDFC Standard Life Insurance Company Ltd