Manager - Vendor Accounting Material at Varun Beverages Limited (VBL)

Gurgaon, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

22 Jun, 26

Salary

0.0

Posted On

24 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Payable, Vendor Accounting, GST Reconciliation, GST Compliance, Input Tax Credit, Invoice Verification, SAP FI/MM, Data Analysis, Team Management, Process Improvement, Stakeholder Management, Problem Solving, Automation Tools, Excel, Audit Support, MIS Reporting

Industry

Food and Beverage Services

Description

Key Responsibilities 1. GST Reconciliation & Compliance * Perform 3B vs SAP purchase register reconciliation at Profit Center / Business Place level. * Conduct GSTR-2B vs SAP purchase register / GL reconciliation to identify discrepancies affecting Input Tax Credit (ITC). * Ensure proper GST compliance and accurate reflection of purchase transactions in GST returns. * Review and approve reconciliation outputs prepared by team members. * Drive standardization and process improvements in GST reconciliation activities. 2. Invoice Verification & GST Validation * Verify vendor invoices for GSTIN correctness, tax structure, and statutory compliance. * Validate invoices having multiple GST partners and ensure correct GST mapping in SAP. * Review and validate large volumes of invoices through Nividous platform where manual verification is required. * Supervise and guide the team on complex invoice validation scenarios. 3. Exception Handling & GST Mismatch Resolution Investigate and resolve reconciliation exceptions including: (existing points retained as-is) * Provide direction to team members for timely resolution of complex GST issues. * Escalate critical mismatches and compliance risks to management with recommended actions. 4. Plant & Internal Coordination * Follow up with plant finance teams for rectification of incorrect GST line items. * Handle GST hold entries raised by plants and provide resolution support. * Coordinate internally with T&E team and transporter invoice processing teams for corrections and clarifications. * Act as the primary point of contact for cross-functional stakeholders and ensure SLA adherence. 5. Vendor Reconciliation Support * Support vendor account reconciliation related to GST discrepancies. * Assist in resolving vendor queries related to ITC mismatch and invoice discrepancies. * Ensure closure of long pending GST-related reconciliation items. * Review and monitor ageing of open items and drive timely closure. 6. Reporting & Tracking * Maintain trackers for GST reconciliation mismatches and pending corrections. * Provide periodic updates on open GST discrepancies and resolutions. * Support internal audits and GST compliance reviews. * Prepare and present MIS reports, dashboards, and insights to management. * Track team performance metrics and drive continuous improvement. 7. Team Management & Process Improvement (New Section Added) * Lead, mentor, and manage a team handling GST and vendor accounting activities. * Allocate work, monitor productivity, and ensure quality deliverables. * Identify process gaps and implement automation/improvement initiatives. * Ensure adherence to internal controls, SOPs, and audit requirements. Qualification: B.Com / M.Com / CA Inter (Preferred) Experience: 5–8 years in Accounts Payable / GST Reconciliation with team handling exposure Key Skills & Competencies * Strong understanding of Accounts Payable and Vendor Accounting * Good knowledge of GST compliance, ITC eligibility, and reconciliation * Hands-on experience in SAP (FI/MM modules preferred) * Experience working with large invoice datasets and reconciliation reports * Advanced Excel skills for reconciliation and data analysis * Exposure to invoice automation tools (e.g., Nividous) is an added advantage * Strong team handling and leadership skills * Ability to manage stakeholders and drive closures Behavioral Competencies * Strong analytical and problem-solving skills * Attention to detail * Ability to handle large transaction volumes * Good communication and stakeholder management * Strong follow-up and coordination skills * Leadership mindset with ownership and accountability * Ability to work under pressure and manage deadlines #LIJobs

Responsibilities

This role involves leading and overseeing vendor accounting and GST reconciliation activities, including performing detailed reconciliations, verifying invoices for statutory compliance, and resolving complex exceptions. The manager will also be responsible for coordinating with internal plant finance teams and providing essential reporting and tracking updates.