Accounts Payable & R2R - Dharuhera Plant (Haryana)

Hero MotoCorp · India

About the Role

Hero is seeking an experienced Associate Manager – Finance to join our Accounts Payable & Record to Report (R2R) team. This role carries primary operational responsibility for executing timely and compliant payment processing, managing price amendments, maintaining plant-level cost governance, ensuring statutory compliance, and delivering executive MIS analytics to support strategic decision-making.

Key Responsibilities:-

Procure-to-Pay (P2P) & Record-to-Report (R2R)

• Execute end-to-end invoice verification and manage vendor payment workflows in adherence to internal SOPs and policies.
• Conduct regular vendor account reconciliations.
• Oversee plant cost bookings, including manpower, manufacturing, and operational overheads.
• Manage fixed asset accounting and records.
• Lead plant-level Kaizen projects focused on process optimization and cost reduction.

Statutory & DOA Governance

• Ensure full statutory compliance across GST (ITC verification, timely GSTR filings, 180-day payment compliance, periodic HSN reviews), TDS deduction, and TCS collection.
• Maintain strict adherence to MSME regulations and Cost Audit requirements.
• Enforce full compliance with Delegation of Authority (DOA) matrix guidelines across all financial transactions without exception.
• Monitor vendor and employee debit/credit balances, track advance ageing schedules, and ensure timely clearance.

Audit & Management Information Systems (MIS)

• Manage expense provisioning and maintain general ledger accuracy.
• Prepare audit schedules, variance reports, and analytical documentation to ensure smooth closure of internal, statutory, and cost audits.
• Build and maintain comprehensive MIS reports on audit findings, variance analytics, and key performance indicators (KPIs) for senior leadership.

Price Amendments & Ledger Analytics

• Compute, verify, and book debit/credit notes resulting from price amendments.
• Prepare monthly and quarterly provision schedules for financial closures.
• Analyze the financial impact of price changes, perform ledger reconciliations, and investigate unusual account movements.

Qualifications & Requirements

• Education: CA Inter, CMA Inter, or MBA in Finance.
• Experience: 5-10 years of relevant finance and accounting experience within the Manufacturing Industry.
• Technical Skills: Advanced knowledge of core accounting standards, GST, TDS/TCS, MSME regulations, SAP ERP, and MS Office (PowerPoint & Excel).
• Core Competencies: Strong analytical capabilities, proactive problem-solving mindset, and effective cross-functional collaboration.
• Stakeholder Management: Proven ability to communicate effectively with internal plant operations, supply chain partners, vendors, statutory auditors, and regulatory authorities.