Launched in 2007 by Aloke Bajpai & Rajnish Kumar, ixigo is a technology company focused on empowering Indian travelers to plan, book and manage their trips across rail, air, buses and hotels. ixigo assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning and data science-led innovations on ixigo’s OTA platforms, including websites and mobile applications.

ConfirmTkt and AbhiBus became a part of ixigo in 2021. ixigo is headquartered in Gurugram with offices in Bangalore (ConfirmTkt) and Hyderabad (AbhiBus). The ixigo, ConfirmTkt and AbhiBus apps allow travellers to book train tickets, flight tickets, bus tickets, hotels, cabs and provide travel utility tools and services developed using in-house proprietary algorithms and crowd- sourced information. In 2022, as per data.ai, ixigo was featured in the Top 10 most downloaded travel apps worldwide.

Key Responsibilities:

1) Leadership, Stakeholder management, Audit and Controls:

• Managing overall AP function for the group.
• Bring discipline and adopt processes as required to ensure a strong AP function and align the processes across the group.
• Collaborate with cross-functional teams to ensure the expectations withing the timeline.
• Playing a key role in liaising with all auditors for AP and Fixed Assets and getting the audits closed within time without any negative remarks.
• Automation of Processes wherever required.
• Developing and implementing internal controls to mitigate the risks involved.
• Ensure proper management of ERP and hygiene of data recorded in ERP for better reporting and control.

2) Invoice Booking, Payments, and Expenses Management:

• Checking payment calendars and ensuring payments are done on time.
• Proper evaluation of vendor ageing and making sure no delays in payment to vendors.
• Ensure timely closure of books with accuracy (Monthly, Quarterly, Annually)
• Ensuring all invoices are booked on time and released/paid as per due date.
• Making sure of all intercompany booking and payments are done on time.
• Ensuring foreign payments, foreign invoices and its tax impacts are booked properly and on time in ERP.
• Making sure all documented processes are followed in AP function & zero adverse observations in all audits.
• Ensuring Banks and Cards are always reconciled on time and BRS is shared.
• Ensuring all transaction through cards are properly recorded in books and adequate documentation is maintained.

3) Schedules Management, Reporting, Compliance:  

• Managing the schedules and analysing ageing where required (Expenses, Advances, Trade Payables, Provisions) for the group at each month end and ensuring completeness and accuracy.
•  Preparing all schedule at group level and delivering the same to auditors and internal stakeholder on time.
• Maintaining various masters (in ERP) related to AP and Fixed Assets and ensuring hygiene.
• Ensuring all tax related compliances in expenses booking, payments, cross charges.
• Ensuring proper documentation from vendors as per regulatory requirement.
• Ability to make new policies, document and implement them across.
• Ensuring MSME compliances and making policies around the same.

Attributes of an Ideal Candidate:

• Qualification: B. Com/ CA-Inter/MBA
• Proven work experience of 7-10 years in accounts payable function. Candidate from an E-commerce background will be preferred.
• Should possess good communication and interpersonal skill.
• Should have a good understanding of Tax and compliance regulations (eg: TDS, Equalisation Levy, GST) E with respect to AP function.
• Ability to own and drive the function ensuring the organisational objectives are met.
• Ability to Multitask.