Deputy Manager- Vendor Accounting- Material

Job Title: Deputy Manager- Vendor Accounting- Material Company: Varun Beverages Job Category: SAP FICO Roles & Responsibilities: The Vendor Accounting Operations Team Leader is responsible for leading and managing the day\-to\-day vendor accounting operations, ensuring accurate and timely processing of vendor invoices while maintaining compliance with company policies, accounting standards, and statutory requirements. The role will supervise a team of 4–5 associates, drive operational efficiency, resolve escalations, strengthen vendor relationships, and support continuous process improvement initiatives within the Accounts Payable function. Key Roles \& Responsibilities Team Management \& Operations * Lead, guide, and supervise a team of 4–5 Vendor Accounting Associates to ensure smooth execution of daily operations. * Allocate workloads, monitor productivity, and ensure adherence to defined service levels and turnaround times. * Review team performance, provide coaching and development support, and ensure process compliance. * Assist in managing the vendor accounting function and support the accurate and timely processing of vendor invoices. * Ensure all invoices are processed in accordance with established policies, procedures, and internal controls. * Oversee processing of PO\-based invoices, Non\-PO invoices, service invoices, and material invoices. * Verify invoices against supporting documents provided by plant officials and coordinate with user departments for clarifications wherever required. * Ensure timely parking and posting of invoices in SAP within defined timelines. * Review service entry documentation and supporting approvals before processing. * Monitor vendor portal activities and ensure seamless invoice processing and tracking. * Ensure timely resolution of invoice discrepancies, blocked invoices, and processing exceptions. Vendor \& Stakeholder Management * Support vendor relationship management by facilitating communication and resolving operational issues. * Act as the primary escalation point for invoice processing, payment, and reconciliation\-related concerns. * Collaborate with Plant Accounting Managers, Commercial Heads, Procurement Teams, User Departments, and Vendors to ensure smooth operations. * Coordinate with GL Accounting teams for provision entries, accruals, reconciliations, and month\-end closure activities. * Contribute to the implementation and maintenance of financial controls and procedures to safeguard company assets. * Assist in ensuring compliance with accounting standards, tax regulations, internal controls, and company policies related to vendor transactions. * Maintain and review trackers related to statutory compliance requirements, including ESI and PF compliance for service invoices. * Share compliance trackers with Plant Accounting Managers and Plant HR teams to ensure timely follow\-up and adherence. * Coordinate with scanning officials and ensure proper archival and maintenance of accounting records and supporting documents. * Support internal and external audit requirements and provide necessary documentation when required. * Monitor operational KPIs and prepare MIS reports for review by the Process Owner. * Support analysis of vendor expenses, payment trends, and transaction data to identify process improvement and cost\-saving opportunities. * Identify process bottlenecks and recommend improvements to enhance efficiency, accuracy, and control. * Drive adherence to standard operating procedures and continuous improvement initiatives across vendor accounting operations. * Strong leadership and team management skills with the ability to guide and mentor junior associates. * Strong interpersonal skills with the ability to communicate effectively and collaborate with internal stakeholders and vendors. * Detail\-oriented with excellent organizational and prioritization skills. * Ability to manage multiple tasks and deadlines in a dynamic environment. * Proactive, solution\-oriented mindset with strong problem\-solving capabilities. * Ability to work independently as well as collaboratively within a team environment. Work Location: Gurgaon, India Availability: Full time

Experience Qualification * Bachelor's Degree in Commerce, Accounting, Finance, or a related discipline. * MBA (Finance) or equivalent postgraduate qualification will be an added advantage. Certifications * Professional certifications in Accounting, Finance, SAP, Shared Services, or Procure\-to\-Pay (P2P) processes will be preferred. * Strong understanding of Vendor Accounting and Accounts Payable processes. * Knowledge of invoice processing, vendor reconciliation, payment cycles, and financial reporting. * Understanding of accounting principles, financial controls, and compliance requirements. * Familiarity with accounting standards, taxation requirements, and statutory compliance related to vendor transactions. * Experience in operational reporting, data analysis, and process governance. * Strong working knowledge of SAP with at least 2–3 years of hands\-on experience . * Proficiency in Microsoft Office applications, particularly Excel , for data analysis, reporting, and reconciliation activities. * Familiarity with vendor portals, accounting software, and ERP systems. * Ability to navigate and utilize ERP systems effectively for invoice processing, reporting, and financial controls. * Understanding of financial controls, documentation requirements, and process governance frameworks. Key Skills: Accounts Payable Salary: INR 364000 - 423000 per yearly