Redcliffe Lab - Accounts Payable Lead - CA

• Position Title : Accounts Payable - Lead - CA
• Department : F&A
• Location : Noida
• Experience Required : Minimum 3+ Years
• Industry Preference : Healthcare
• Education : Bachelor's or Master's degree in commerce
• About Us:

Redcliffe Labs is India's fastest growing omnichannel Pan India diagnostics service provider having its services in 220+ cities through a network of 80+ owned advanced labs and 2000+ Collection Centres powered by home sample collection across India. We are on a mission to provide quality healthcare services at affordable rates making diagnostics easily accessible and convenient to one and all.

Role Summary:

• The Accounts Payable Lead will be responsible for managing the end-to-end accounts payable function, ensuring timely invoice processing, vendor payments, and compliance with financial policies and statutory regulations.
• This role will focus on process efficiency, internal controls, vendor management, and financial accuracy, while leading the AP team and collaborating with cross-functional stakeholders. The role also requires hands-on exposure to Ind-AS and financial statement preparation to ensure accurate financial reporting and compliance.

Key Responsibilities:

Team & Process Management:

• Lead the Accounts Payable team and ensure timely processing of invoices, payments, and credit notes.
• Monitor daily AP operations to ensure accuracy, efficiency, and adherence to company policies.
• Manage vendor onboarding, documentation, and payment terms.

Governance & Controls:

• Implement and monitor internal controls to prevent duplicate payments, fraud, and financial discrepancies.
• Ensure compliance with AP SOPs and financial policies.
• Coordinate with internal and statutory auditors during audits.

Compliance & Taxation:

• Ensure compliance with GST, TDS, and other statutory tax regulations.
• Support accurate tax filings and maintenance of vendor-related tax records.
• Manage reconciliation of vendor balances, GR/IR accounts, and advance payments.

Financial Reporting:

• Support the preparation and review of financial statements in accordance with Indian Accounting Standards (Ind-AS).
• Assist in month-end and year-end closing processes.
• Ensure proper documentation and reconciliation for financial reporting.

Stakeholder Management:

• Act as the key liaison between procurement, treasury, and vendors for payment-related matters.
• Resolve vendor escalations and payment disputes in a timely manner.
• Provide AP reports and insights to management on a monthly and quarterly basis.

Automation & Process Improvement:

• Drive automation and system improvements using ERP platforms.
• Identify opportunities to improve working capital efficiency and reduce processing costs.

Skills & Qualifications:

• Strong understanding of Accounts Payable processes, GST, TDS, and Indian accounting standards.
• Hands-on experience in Ind-AS and financial statement preparation.
• Experience in handling monthly payables volume of - 20+ crores preferred.
• Hands-on experience with ERP systems (MS Dynamics preferred).
• Strong proficiency in MS Excel, reconciliations, and financial reporting.
• Excellent analytical, team management, and stakeholder coordination skill

Experience:

• Qualified Chartered Accountant (CA) with 2-3 years of post-qualification experience.
• Experience in Accounts Payable, financial reporting, or corporate finance preferred

Qualification: Chartered Accountant (CA) - Mandatory