LOOM SOLAR PVT. LTD.

Payable Manager

LOOM SOLAR PVT. LTD.  •  Faridabad, IN (Onsite)  •  1 month ago
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Job Description


Accounts Payable Operations



Manage complete accounts payable cycle: invoice processing, verification, approvals, and


payments



Ensure timely and accurate processing of vendor invoices and expense claims



Monitor aging reports and maintain optimal payable cycles


2. Vendor Management



Maintain strong relationships with vendors and resolve discrepancies or disputes



Ensure proper vendor onboarding with KYC and compliance documentation



Negotiate payment terms and improve working capital efficiency


3. Compliance & Controls



Ensure compliance with GST, TDS, and other statutory requirements



Review and validate tax deductions and filings related to payables



Strengthen internal controls and audit trails for all transactions


4. Financial Reporting & Reconciliation



Perform monthly vendor reconciliations and ledger scrutiny



Assist in month-end and year-end closing activities



Prepare MIS reports related to payables, cash flow, and liabilities


5. Process Improvement & Automation



Drive automation in payable processes using ERP systems (Zoho Books, SAP, etc.)



Identify inefficiencies and implement process improvements



Ensure proper documentation and SOPs for all AP processes
6. Team Management



Lead and mentor the accounts payable team



Set KPIs and monitor team performance



Coordinate with procurement, finance, and other departments


Requirements



Strong knowledge of GST, TDS, and Indian accounting standards



Expertise in vendor reconciliation and financial controls



Analytical and problem-solving skills



High attention to detail and accuracy



Leadership and team management skills



Proficiency in Excel and financial reporting tools


Qualifications & Experience



Chartered Accountant (CA) – Mandatory



5+ years of relevant experience in Accounts Payable / Finance



Experience in manufacturing / distribution / retail industry preferred



Hands-on experience with ERP systems (Zoho Books preferred)


Benefits


Freedom to “follow your passion”


Opportunity to work with one of India’s fastest-growing Solar companies


Regular training on creative tools & AI tools


Growth opportunities in Finance Domain


Performance-based incentives & salary growth


Hands-on exposure with leadership team

LOOM SOLAR PVT. LTD.

About LOOM SOLAR PVT. LTD.

Loom Solar, founded in 2018, has rapidly emerged as one of India's Fastest Growing Renewable Energy brands, specializing in the manufacturing of cutting-edge solar panels, inverters, and lithium batteries, catering to diverse sectors including utility-scale, commercial, residential, agriculture, and government projects.

Operating from a state-of-the-art manufacturing facility in Faridabad, Haryana, with a 300MW production capacity, Loom Solar excels in the production of high-quality solar solutions. Loom Solar has experienced rapid growth since the beginning of its journey, expanding its reach to over 500 districts across India through a network of 10,000+ resellers.

Loom Solar ensures maintaining strict quality standards, including ISO 9001-2015 certification and adherence to BIS, IEC, and MNRE guidelines. This commitment to quality ensures the reliability and performance of its products, delivering superior value to customers.

Loom Solar's vision extends beyond product manufacturing. With a strong global presence in 10+ countries including USA, Canada and Saudi Arabia​, the company aims to play a pivotal role in India's transition to a greener future by fostering a sustainable energy ecosystem. By providing accessible and affordable solar solutions, Loom Solar empowers individuals and businesses to reduce their carbon footprint and contribute to a cleaner, more sustainable environment.

Industry
Hardware & Semiconductors
Company Size
201-500 employees
Headquarters
Faridabad, IN
Year Founded
2018
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