Relationship Manager Commercial Vehicle at IDFC FIRST Bank

Job Description

Job Requirements

About the Role

The Accounts PayableManager will be responsible for managing the accounts payable department within the Retail Banking unit. Based in Mumbai, this role involves overseeing accounting operations to ensure compliance with financial regulations and standards. The role bearer will lead a team, manage vendor relationships, and ensure accurate and timely financial reporting, contributing to the overall efficiency and integrity of the bank’s finance function.

Key Responsibilities

Primary Responsibilities

Oversee accounting functions including general ledger maintenance, accounts payable, accounts receivable, and project accounting.
Supervise monthly financial closings and ensure accurate posting of month-end information.
Manage vendor relations and high-volume invoice processing, including disbursements and tax-related matters.
Monitor internal controls and ensure adherence to bank policies and procedures.
Track financial expenditures, maintain databases, and present reports to senior management.
Prepare operating and personnel budgets, monitor spending, and recommend necessary variances.
Ensure timely and accurate execution of external and internal audits by providing required documentation.
Administer departmental projects and ensure alignment with technical specifications and business requirements.

Secondary Responsibilities

Investigate and resolve issues related to invoice and purchase order processing.
Conduct training sessions to enhance team performance and knowledge.
Promote best practices and share knowledge across the team.
Collaborate with internal stakeholders to leverage synergies.
Stay updated on global market trends and competitor strategies.
Foster a collaborative learning environment and encourage collective ownership.
Attract and retain top talent for key roles within the team.
Ensure adherence to benchmarks and processes for finalizing commercials and other key parameters.

What We Are Looking For

Education

Graduate in any discipline.
Postgraduate in MBA preferred.
Professional qualification: Chartered Accountant (CA).

Experience

Minimum of 4 years of experience in Finance, with a strong background in accounts payable and financial operations.

Skills and Attributes

Strong leadership and team management skills.
Excellent understanding of accounting principles and financial regulations.
Proficiency in managing high-volume invoice processing and vendor relations.
Ability to conduct audits and ensure compliance.
Effective communication and presentation skills.
Analytical mindset with attention to detail.
Ability to work collaboratively across departments.
Commitment to continuous learning and improvement.

Frequently Asked Questions

What are the eligibility criteria for the Relationship Manager Commercial Vehicle job at IDFC FIRST Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-10 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Relationship Manager Commercial Vehicle at IDFC FIRST Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Relationship Manager Commercial Vehicle at IDFC FIRST Bank.

Is prior experience required for this position?

This role requires around 5-10 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Relationship Manager Commercial Vehicle role at IDFC FIRST Bank?

You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.

Relationship Manager Commercial Vehicle

IDFC FIRST Bank — Hosapete, UTTARA KANNADA