Share this Job

With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 10,000 employees are helping customers in more than 60 countries stay competitive. Kennametal generated nearly $2.4 billion in revenues in fiscal 2019. Learn more at www.kennametal.com. Follow @Kennametal: Twitter, Instagram, Facebook, LinkedIn and YouTube. 



JD for Assistant Manager - Accounts Payable


  1. End to end responsible for all Accounts Payable activities.
  2. Handle documentation/other queries from banks on payments in domestic and Overseas remittances.
  3. Ensure SOP are regularly reviewed and updated on changes in systems/regulations.
  4. Should possess working knowledge of Foreign Exchange Management Act.
  5. Manages monthly closing of financial records and timely updation of Journal Entries within Corporate deadlines and ensure accuracy of financial statements.
  6. Periodic review of Travel Advances/Supplier Advances/ Debit balances/GRIR Accounts/old payables line items and regular follow up with concerned for clearing of the same.
  7. Review of Prepaid/Advances and other monthly schedules after Reconciliation with comments and uploading in Server.
  8. Ensure timely payments to all suppliers and handle issues related to payments – special attention to SME Vendor payments.
  9. Should have an overall knowledge of SOX Controls – reporting and regulatory framework.
  10. Monthly/Quarterly reconciliation of vendor accounts and follow up for Vendor confirmation of Balances once in a year.
  11. Monitor the MIS related to P2P process such as invoices received vs booked, Errors in the invoices , PO penetration , open issues , duplicate invoices etc and intervene wherever required.
  12. Coordinate and support providing necessary information timely to Statutory Auditor/Internal Auditor and Corporate.
  13. Maintain Productivity tracker and escalation tracker for AP and reporting it monthly to Management.
  14. Should have good Multi Tasking skills – ability to handle huge volume and work under tight deadline.
  15. Review of exceptions and ability to assess objectively and timely resolution of issues including escalations management
  16. Period review and updation of Vendor Master Data.
  17. Ensure timely processing of Debit and Credit notes as per SOP
  18. Provide outstanding cross functional service and maintain key vendor relationships with timely support.
  19. Knowledge of encrypted payment systems and proficiency in usage of internet banking payment platforms
  20. Support in preparation of the year budget and quarterly review of the Budget


Educational Qualification

  • Commerce Graduate / B.Com / BBA / BMS
  • Post graduate / Inter CA / MBA / MMS / Mcom - Inter CA - Ideally good to have.



  • 8 to 10 years in AP/AR/R2R role
  • Managing a team of atleast 6-10 individuals for atleast 3 years