Assistant Manager, Accounts Payable

Essential Job Duties and Responsibilities

Description

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Overall Purpose of The Job

The Assistant Manager, Accounts Payable is responsible for managing end-to-end vendor disbursements, operational expense processing, and statutory tax compliance for Aspire Lifestyles India. The role manages high-volume supplier payouts to hotels, airlines, global destination management companies (DMCs), and aggregators, drives process automation across the AP function, and ensures strict adherence to Indian financial and tax regulations. The incumbent partners closely with Tax, Treasury, Operations and Procurement to safeguard cash flow, protect margins on travel bookings, and support timely period-end close.

Key RESPONSIBILITIES

Accounts Payable & Invoice Operations

• Oversee end-to-end processing of vendor bills, purchase orders and travel service invoices, ensuring 3-way match, correct GL coding and cost-centre allocation.

• Match booking inventories, GDS (Global Distribution System) feeds and supplier statements against invoices before payment release.

• Execute timely payment runs via NEFT, RTGS, wire transfers and corporate credit cards, and maintain payment calendars for critical suppliers (airlines, hotel chains, DMCs).

• Manage travel agent commissions, refunds, chargebacks and B2B vendor ledger entries; ensure accurate accrual of unbilled costs at period end