Deputy Manager/Manager - Accounts Payable

Job Purpose:

We are seeking a highly motivated and experienced commerce graduate/postgraduate with a financial background to join our team as a Front-Line Manager for the Procure-to-Pay (P2P) process. The role encompasses Invoice Processing, Payments, Vendor Management, Travel & Expense (T&E) handling, Query Resolution, Team Management, Business Unit (BU) Interaction, and Problem-Solving responsibilities.

Key Responsibilities:

1. Process Ownership:
   

   • Report to the Pillar Head and take full ownership of P2P tasks.
   • Ensure smooth and error-free month-end closing activities.
     
     

2. Team Management:

   • Manage a team of 12–18 Full-Time Equivalents (FTEs).
   • Be accountable for achieving defined SLAs/KPIs.
   • Conduct weekly and monthly performance and process health reviews with the team and Business Units.
     
     

3. Operational Expertise:

   • Oversee Invoice Processing and Payments for all vendors.
   • Manage T&E reimbursement processes for internal employees.
   • Perform vendor management tasks, including setup, maintenance, and screening.
   • Conduct audits for assigned tasks within the team.
   • Reconcile vendor accounts by verifying monthly statements and related transactions.
     
     

4. Financial & Accounting Knowledge:

   • Prepare and post journals related to Accounts Payable and Bank Transfers.
   • Monitor discount opportunities and resolve discrepancies in purchase orders, contracts, invoices, or payments.
   • Ensure compliance with Indian Accounting standards, GST, and FX accounting.
     
     

5. Process Improvement:

   • Identify and implement process improvements and standardization initiatives.
   • Actively contribute to the design and execution of process enhancement projects.
     
     

6. Stakeholder Management:

   • Develop and maintain professional relationships with internal and external stakeholders.
   • Provide exceptional customer service to all stakeholders.
     
     

7. Reporting & Analysis:

   • Prepare monthly reports related to Accounts Payable deliverables.
   • Analyze performance metrics and provide actionable insights.
     
     

8. Ad-Hoc Responsibilities:

   • Handle additional tasks and responsibilities as required.
     
     

Key Requirements:

Qualifications & Experience:

• Commerce Graduate/MBA or Inter-CA/CMA.
• 2–5+ years of experience in team handling and P2P processes.
  
  

System Skills:

• Proficiency in Intermediate or Advanced Excel.
• Experience with general ledger systems.
  
  

Initiative & Problem-Solving:

• Ability to take initiative and deliver quality results under competing deadlines.
• Strong problem-solving skills and ability to work independently while fostering teamwork.
  
  

Team Management:

• Proven ability to mentor and support team members in their tasks.
  
  

Communication & Customer Service:

• Strong listening, written, and verbal communication skills.
• Ability to build and maintain effective relationships with internal and external stakeholders.
  
  

Other Skills:

• Strong understanding of accounting processes and ability to assess issues.
• Ability to prioritize tasks and meet deadlines.
• Analytical mindset to review and understand work outcomes.
  
  

Language Skills:

• Proficiency in English.
• Additional language skills (French/German/Italian/Spanish) are an advantage.
  
  

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. 

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. 

Great to have you on board. Let's care for tomorrow.