Accounts Payable & Accounts Receivable Lead

Job Description

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Job Description Job Title: Accounts Payable & Accounts Receivable Lead Organization: Hazira Education Trust (HET) Department: Finance & Accounts Reporting To: Head – Finance / CFO Job Purpose To lead and manage the end-to-end Accounts Payable (AP) and Accounts Receivable (AR) functions for Hazira Education Trust. This role ensures financial integrity, compliance, efficient cash flow management, and accurate financial reporting, supporting the Trust’s educational objectives and operations. Key Responsibilities1. Accounts Payable (AP) Management Oversee the complete Accounts Payable cycle including vendor invoices, expense claims, and payroll-related payments (if applicable). Ensure accurate coding, authorization, and timely disbursement to vendors, suppliers, and service providers. Reconcile vendor statements, manage disputes, and maintain strong vendor relationships. Ensure compliance with Trust policies, budgets, and statutory requirements (TDS, GST, etc.). Drive timely month-end and year-end AP closing activities. 2. Accounts Receivable (AR) ManagementManage invoicing for services rendered (school/course fees, donations, grants, facility rentals). Monitor receivables, ensure timely collections, and reconcile receipts. Address billing inquiries, disputes, and ensure accurate application of payments. Lead AR-related closing and reporting activities. 3. Bank & General Ledger Reconciliation Perform regular and accurate bank reconciliations. Ensure proper posting of AP/AR transactions in the General Ledger. Maintain accurate financial records for audits and compliance. 4. Financial Control & Compliance Enforce internal financial controls and compliance with Trust policies. Ensure adherence to Indian Accounting Standards and regulatory norms applicable to educational/charitable trusts. Support statutory, internal, and external audits with accurate documentation. Implement process improvements to strengthen efficiency and control. 5. Reporting & AnalysisPrepare reports on AP aging, AR aging, and cash flow forecasts. Provide insights on collections, expenditures, and overall financial performance. Support management decision-making with data-driven recommendations. 6. Team Leadership & Mentoring (if applicable)Supervise and guide junior AP/AR staff. Ensure adherence to best practices and policies. Foster a culture of accountability, accuracy, and efficiency. Candidate Profile Education: B.Com / M.Com / MBA (Finance) / CA-Inter preferred. Experience: 8–12 years in Accounts Payable & Receivable, with exposure to educational / trust / non-profit organizations preferred. Strong knowledge of Indian accounting standards, TDS, GST, and compliance for trusts. Proficiency in accounting software (SAP / Tally / Oracle or equivalent). Excellent analytical, problem-solving, and communication skills. Ability to lead teams and manage stakeholders effectively. Key Competencies Financial Integrity & Accuracy Strong Compliance Orientation Process & Systems Improvement Vendor & Stakeholder Management Team Leadership & Mentoring Analytical & Reporting Skills