Lead Associate - Controllership & Finance

Executive Summary The Senior Associate of Accounts Payable will oversee the end-to-end Procure-to-Pay (P2P) lifecycle, ensuring fiscal integrity and operational efficiency. With 2 years of specialized experience, the successful candidate will leverage Fusion/Oracle and advanced analytical tools to manage complex vendor ecosystems, drive month-end precision, and maintain rigorous internal controls. This role requires a blend of technical accounting expertise and a proactive approach to financial risk management. Core Responsibilities I. Full-Cycle Disbursement Management Strategic Invoice Governance: Oversee the digitization and processing of high-volume invoices, ensuring 100% compliance with tax regulations and internal procurement policies. Fusion/Oracle Workflow Optimization: Execute complex 3-way matching protocols and resolve exceptions within SAP. Treasury Liaison: Coordinate domestic and international payment cycles optimizing . II. Financial Reporting & Month-End Excellence Accrual Management: Lead the provisioning process by calculating and recording accurate month-end accruals for uninvoiced liabilities, ensuring minimal variance in financial statements. Closing Integrity: Drive the AP month-end calendar, ensuring all ledger entries, sub-ledger reconciliations, and intercompany settlements are finalized within corporate deadlines. Audit Readiness: Maintain comprehensive documentation and audit trails to support internal and external financial audits. III. Vendor Analytics & Reconciliation Integrity Assurance: Conduct systematic vendor statement reconciliations to identify and resolve ledger discrepancies, unapplied credits, and duplicate billings. Stakeholder Relations: Act as a senior point of contact for strategic vendors and internal departments, negotiating resolution on disputed items and aged payables. Technical Profile & Qualifications Professional Experience: 4+ years of progressive experience in Accounts Payable or Corporate Accounting. ERP Proficiency: Power-user status in Oracle/Fusion ERP with a deep understanding of T-codes. Analytical Mastery: Expert-level MS Excel capabilities (Complex nesting, power query, and advanced data modelling) to interpret financial trends. Academic Background: Degree in Accounting, Finance, or Business Administration. Functional Expertise: * Profound knowledge of the P2P cycle and General Ledger (GL) impact. Strict adherence to internal controls (SOX compliance) and GAAP standards. Exceptional verbal and written business communication skills. Performance Benchmarks Operational Efficiency: Continuous improvement of the "Days Payable Outstanding" (DPO) and invoice cycle time. Financial Accuracy: Minimal month-end adjustments and 0% duplicate payment rate. Vendor Health: Reduction in aged payables (>90 days) and successful reconciliation of all key accounts. Who are we? Myntra is India’s leading fashion and lifestyle platform, where technology meets creativity. As pioneers in fashion e-commerce, we’ve always believed in disrupting the ordinary. We thrive on a shared passion for fashion, a drive to innovate to lead, and an environment that empowers each one of us to pave our own way. We’re bold in our thinking, agile in our execution, and collaborative in spirit. Here, we create MAGIC by inspiring vibrant and joyous self-expression and expanding fashion possibilities for India, while staying true to what we believe in. We believe in taking bold bets and changing the fashion landscape of India. We are a company that is constantly evolving into newer and better forms and we look for people who are ready to evolve with us. From our humble beginnings as a customization company in 2007 to being technology and fashion pioneers today, Myntra is going places and we want you to take part in this journey with us. Working at Myntra is challenging but fun - we are a young and dynamic team, firm believers in meritocracy, believe in equal opportunity, encourage intellectual curiosity and empower our teams with the right tools, space, and opportunities.