The Phonepe invited applications for the post Associate Manager – Accounts Payable (Indirect Cost Analysis).
Qualification
- Chartered Accountant CA qualification.
- 2-3 years of experience in Accounts Payable, Cost Accounting, or Financial Reporting.
- Prior experience in handling indirect cost closure, cost analysis, and stakeholder coordination is preferred.
Technical Skills:
- Strong understanding of accrual accounting, indirect cost allocations, and financial reporting.
- Proficiency in ERP systems (Dynamics 365, Oracle, or any other relevant tool).
- Hands-on experience with MS Excel, Power BI, or other data analysis tools for cost reporting.
Soft Skills:
- Excellent analytical and problem-solving skills.
- Strong communication and stakeholder management abilities.
- Ability to handle multiple priorities, work under tight deadlines, and drive process improvements.
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Key Responsibilities:
- Indirect Cost Closure & Month-End Activities:
- Ensure timely and accurate month-end closure of indirect costs.
- Review and validate accruals, prepayments, and indirect cost provisions to ensure proper accounting treatment.
- Reconcile indirect cost accounts and ensure no unexplained variances.
- Ensure all vendor invoices related to indirect costs are processed in a timely manner.
- Cost Analysis & Reporting:
- Conduct a detailed analysis of indirect costs for various entity & cost centres.
- Provide insights into cost drivers, trends, and variances to support decision-making.
- Work closely with the FP&A team to support budgeting and forecasting of indirect costs.
- Stakeholder Coordination & Query Resolution:
- Act as a liaison between finance, procurement, business teams, and vendors for indirect cost-related matters.
- Coordinate with internal stakeholders to gather supporting documents for accruals and cost allocations.
- Ensure smooth communication with external vendors to resolve invoice discrepancies, payment issues, and contract-related clarifications.
- Collaborate with auditors during statutory, tax, and internal audits, providing necessary documentation and explanations.
- Process Improvement & Compliance:
- Identify process gaps and inefficiencies in indirect cost accounting and drive improvements.
- Support automation initiatives to streamline invoice processing and indirect cost tracking.
- Ensure adherence to company policies, accounting standards, and regulatory requirements
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JOB LOCATION: Bangalore
For more details and to apply, click here
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