Assistant General Manager - Audits & Compliance

Position: Assistant General ManagerDepartment: Finance & AccountsReporting To: Head - Finance & Strategy Team Size: 5 MembersRole SummaryThe Assistant General Manager (AGM) will be responsible for managing and overseeing the Accounts Payable function, ensuring timely and accurate processing of vendor payments, and handling internal and external audits and compliance requirements. The role involves strengthening financial controls, ensuring statutory compliance, and leading process improvements while managing a team of 5 members.Key Responsibilities1. Accounts Payable ManagementOversee end-to-end Accounts Payable processes including invoice verification, booking, approvals, and vendor payments.Ensure timely processing of vendor invoices and payments as per agreed credit terms.Monitor and control payable ageing and working capital impact.Ensure proper accounting entries and reconciliation of vendor accounts.Review and approve payment proposals, vendor reconciliations, and expense reports.Ensure compliance with company policies, internal controls, and SOPs.Handle vendor queries and resolve payment-related issues.Drive automation and process improvement in AP function.2. Audits & ComplianceCoordinate and manage statutory audit, internal audit, tax audit, and GST audit.Ensure timely closure of audit queries and implementation of audit recommendations.Maintain proper documentation and audit trails for all transactions.Ensure compliance with:Companies Act, 2013Income Tax ActGST LawsTDS/TCS provisionsOther applicable statutory lawsLiaise with auditors, consultants, and regulatory authorities.Monitor internal financial controls (IFC) and risk compliance framework.Ensure timely filing of statutory returns and compliance reports.3. Team ManagementLead and supervise a team of 5 members.Allocate work, set KRAs, and monitor team performance.Provide training and guidance to team members.Ensure proper backup planning and team productivity.4. Reporting & MISPrepare and review AP MIS, ageing reports, and audit reports.Provide periodic compliance status reports to senior management.Assist in financial closing related to payables and provisions.Support budgeting and cash flow planning related to payables.5. Process Improvement & ControlsStrengthen internal controls and approval workflows.Implement automation in invoice processing and payment systems.Ensure maker-checker controls and fraud prevention mechanisms.Qualification & ExperienceQualification: Chartered Accountant (CA) / MBA Finance / ICWAExperience: 8–12 years of experience in Accounts Payable, Audits, and ComplianceExperience in ERP systems (SAP/Oracle/Tally or similar)Strong knowledge of GST, TDS, Companies Act, and audit processesKey Skills RequiredStrong accounting and compliance knowledgeAudit handling experienceTeam management skillsAnalytical and problem-solving skillsGood communication and coordination skillsKey Performance Indicators (KPIs)Payable ageing control & Timely vendor paymentsAudit closure without major qualificationsStatutory compliance adherenceProcess improvements and automationTeam productivity and performance

Apply Now