Associate-AP

Job Summary

The job role is in the Private Markets division at Acuity, one of the fastest growing segments within the firm. This opportunity is ideal for a private equity / investment banking / strategy consulting professional who is interested in working with leading global private equity funds and corporations.

Key Responsibilities

• Manage end-to-end Accounts Payable process, including invoice receipt, validation, and processing.
• Ensure timely and accurate invoice booking, adhering to company policies and SLAs.
• Perform 3-way matching (PO, invoice, GRN) and resolve discrepancies.
• Monitor invoice ageing and payment cycles, ensuring timely vendor payments.
• Handle vendor reconciliations and resolve queries/disputes in a timely manner.
• Maintain and update vendor master data, ensuring accuracy and compliance.
• Ensure compliance with internal controls, audit requirements, and regulatory guidelines.
• Support month-end and year-end closing activities related to AP.
• Track and report KPIs (aging, pending invoices, exceptions) using tools like Power BI.
• Drive process improvements and automation initiatives within AP function.
• Collaborate with internal stakeholders (procurement, finance, business teams).
• Support audit requests and documentation requirements. Handle ad-hoc analysis and reporting as required.

Key Competencies

• MBA / B.Com / M.Com / CA (Inter) or equivalent.
• 36 years of experience in Accounts Payable or Finance Operations.
• Strong understanding of AP processes, invoice lifecycle, and vendor management.
• Experience with ERP systems (Workday, SAP, Oracle, etc.).
• Exposure to Power BI / reporting tools preferred.
• Strong analytical and problem-solving skills.
• Ability to manage stakeholder communication and vendor interactions.
• Experience in handling high-volume transactions and tight deadlines.
• Attention to detail and strong control mindset.
• Good communication skills. Knowledge of AI capabilities and practical business applications is a plus.