Hemant Shah

About Hemant Shah

Finance Operations Leader with 18 years of experience driving Procure-to-Pay (P2P) and…

Experience

1. Senior Manager - Accounts Payable

   Ambit Financial Services Ltd

   Mar 2025 — Present · Mumbai, IN

   End-to-End knowledge of the Accounts Payable Process – Vendor Management, Invoice processing, Payment verification, Invoicing, payment processing. Leading and mentoring a team of 8 Employees. Reviewing, verifying, and processing Vendor Invoice payments with GST and TDS compliance with Proper Documentations & Approval. Timely and accurate preparation of payment batches, managing disbursements through check runs, electronic payments, and wire transfers. Responsible for timely processing of statutory payments (GST, TDS). Prepare Expense, Creditors Ageing, Variance related MIS report and Provide insights to Management. Creating month end provisions and ensuring adherence to month-end Closing processes. Managed Fixed Assets bookings, sales, disposals & Transfer and maintained fixed asset records. Coordinating with Auditors and tax consultants Ensure timely closure of all audit related issues and queries (Internal, Statutory, Tax). Performing daily General Ledger and Bank Account Reconciliation, Suspense Receivable, Suspense Payable & Vendor related GL’s. Managing end-to-end Vendor creation process and maintaining accurate vendor master data. Collaborating with internal teams and external stakeholders to streamline operations and enhance efficiency. Drive Continuous process orientation improvements by identifying opportunities for Standardization, digitizing invoice review and payment processes, enhance efficiency and operational excellence. Ensure accuracy of operations and adherence to agreed SLA.