Accounts Payable Operations Team Member

Team Member-AP OPS-OPS-Accounts Payable Operations (AP OPS)

Key Responsibilities

• Manage the end-to-end Accounts Payable lifecycle including invoice receipt, verification, accounting, and payment processing in line with banking policies.
• Process vendor payments in compliance with defined authorization matrices and banking operational guidelines.
• Monitor and ensure compliance with MSME regulations, including timely payments and reporting obligations.
• Apply and validate TDS and GST provisions during invoice processing and ensure compliance with statutory requirements.
• Support preparation and reconciliation of GST returns and TDS returns, ensuring regulatory accuracy.
• Prepare and maintain Outstanding Advances (OA) and Outstanding Liabilities (OL) schedules, including periodic review and reconciliation.
• Ensure compliance with internal audit, RBI guidelines, and statutory audit requirements.
• Liaise with internal stakeholders (finance, procurement, compliance) to resolve discrepancies.
• Identify and mitigate operational risks in the AP process and suggest control improvements.

Required Qualifications & Experience

• Minimum 4+ years of experience in Accounts Payable / Finance Operations, preferably within the banking or financial services sector.
• Strong working knowledge of MSME compliance, TDS, and GST regulations.
• Proven experience in handling invoice processing through payment and statutory compliance.
• Experience in preparing OA / OL schedules and performing reconciliations.
• Proficiency in MS Office (especially Excel); experience in banking ERP/core systems is a plus.

Key Skills & Competencies

• Strong understanding of financial controls, compliance frameworks, and audit requirements in a regulated environment.
• Excellent analytical and reconciliation skills.
• Effective communication and presentation skills for stakeholder interactions.
• Strong team management and leadership capabilities.
• High attention to detail and accuracy, with a risk-aware mindset.
• Ability to manage multiple priorities and meet strict deadlines.

Preferred Attributes

• Experience working with core banking systems or ERP platforms (SAP, Oracle, Finacle, etc.).
• Exposure to internal/external audits and regulatory inspections (RBI, statutory auditors).
• Familiarity with process automation tools (RPA, workflow systems).
• Prior experience in a large bank or financial institution.