---
title: 'Assistant Manager- Accounts Payable at OakNorth'
canonical: 'https://feeny.ai/job/assistant-manager-accounts-payable-oaknorth-gurugram-tcn96n5yex2b'
type: 'job'
last_seen: '2026-09-17'
---

# Assistant Manager- Accounts Payable at OakNorth

- **Company:** OakNorth
- **Location:** Gurugram, India
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-09-11
- **Last confirmed live:** 2026-09-17
- **Apply:** https://jobs.ashbyhq.com/oaknorth/85ed76cd-bcdb-4829-ac63-01e4d36f8f45

## Job description

Assistant Manager – Accounts Payable Finance · Accounts Payable

## ABOUT US

At OakNorth, we're on a mission to empower ambitious businesses and the communities they serve. Since 2015, we've lent over $21 billion across the UK and US, helped create more than 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of personal savers — all while driving economic growth in the markets we serve.

## ABOUT THE TEAM

The Finance Operations team at OakNorth manages end-to-end financial processes across our India, UK, and US entities. The Accounts Payable function sits within this team and is responsible for ensuring accurate, timely, and compliant processing of vendor, intercompany, and tax payments — working closely with Procurement, Treasury, Tax, and the wider business to drive operational excellence and continuous improvement.

## ABOUT THE ROLE

We're looking for an Assistant Manager – Accounts Payable with 5 years of experience to take ownership of our AP operations across India, the UK, and the US. You'll manage the full AP cycle — from invoice processing through to payments and reconciliations — while ensuring compliance with GST, TDS, UK VAT, and US sales/use tax requirements. This is a process-driven role for someone who combines strong technical AP knowledge with a passion for automation, accuracy, and cross-functional collaboration.

## WHAT YOU'LL DO

- Manage end-to-end Accounts Payable operations including invoice processing, approvals, reconciliations, and vendor, intercompany, and tax payments across India, UK, and US entities.
- Ensure accurate accounting and tax compliance for all invoices, including GST, TDS, UK VAT, and US sales/use tax requirements.
- Complete payment runs, vendor reconciliations, and resolve supplier escalations, ensuring timely and accurate payments at all times.
- Support month-end and year-end close processes, AP reporting to internal and external stakeholders, and statutory and government reporting requirements.
- Ensure compliance with internal controls, audit requirements, company policies, and regulatory standards.
- Drive process standardisation and automation using AP automation tools and AI-enabled solutions for invoice processing, exception management, and analytics.
- Collaborate with Procurement, Finance, Tax, Treasury, and business stakeholders to improve operational efficiency and vendor experience.
- Coordinate with Treasury to ensure timely domestic and international supplier payments; support cash flow forecasting, working capital management, payment reconciliation, and banking issue resolution.

YOU'LL BE A GREAT FIT IF YOU HAVE…

- 5 - 9 years of Accounts Payable experience, preferably in a multinational or shared services environment.
- Strong knowledge of AP operations across India, the UK, and the US, including GST, TDS, UK VAT, and US sales/use tax compliance.
- Proficiency in ERP platforms such as NetSuite, SAP, Oracle, or Microsoft Dynamics.
- Advanced Microsoft Excel skills including Pivot Tables, XLOOKUP, Power Query, Power Pivot, dashboards, and data analysis.
- A detail-oriented, process-driven mindset with a genuine commitment to accuracy, compliance, and continuous improvement.

## Nice to Have

- CA, CA Inter, CMA, ACCA, MBA (Finance), or equivalent professional qualification.
- Experience implementing AP automation tools or AI-enabled invoice processing solutions.
- Exposure to cash flow forecasting and working capital management in a treasury context.

## WHAT WE OFFER

- Health & Protection: Comprehensive medical cover for you, your family, and parents, along with life and accidental insurance cover at a multiple of your salary.
- Wellbeing: Annual health check-ups, online doctor consultations, pharmacy discounts, nutritionist support, and Employee Assistance Program (EAP) services — all sponsored by OakNorth.
- Time Off: Earned leave, casual/sick leave, public holidays, maternity leave, and paternity leave.
- Life Milestones: Financial support for important life events such as marriage, childbirth, and bereavement.
- Flexible Benefits: Tax-efficient allowances for internet, fuel, meals, leave travel, and National Pension System (NPS) contributions.
- Growth & Development: Support for professional certifications, learning and development opportunities, childcare benefits, and paid volunteering days.
- Our Workplace: Modern, centrally located offices, weekly business updates, team events, and great coffee. We work hard to build a culture worth showing up for.

## About OakNorth

## Company Overview
- **One-liner**: OakNorth is a UK-based digital bank founded by entrepreneurs, providing fast, flexible business loans and competitive savings accounts to support ambitious businesses and savers.
- **Entity Type**: Private (fully-licensed digital bank, profitable; not publicly listed)
- **Headquarters**: London, United Kingdom
- **Founded**: 2015
- **Founders**: Rishi Khosla and Joel Perlman

## Core Business
- **Primary industry**: Digital banking, commercial lending, retail savings
- **Target customers**: Lower mid-market businesses (entrepreneur-led, scaling fast) seeking debt financing from £1m to tens of millions; retail savers in the UK.
- **Mission**: “Banking should be barrier-free” – inspired by the founders’ own frustrations with traditional lending, OakNorth aims to back proven businesses with fast, data-driven credit decisions.

## Products & Services
- **Business Loans**: Flexible, structured debt financing from £1m to tens of millions for growth capital, acquisitions, management buyouts, and property development/investment.
- **Business Banking**: Digital account with dedicated support, seamless payments and cash management for scaling businesses.
- **Personal Savings**: FSCS-protected savings accounts (up to £120,000) with competitive interest rates, offered via a digital platform.
- **OakNorth Credit Intelligence (OCI)**: Data-driven technology platform that gives lenders a forward-looking view for agile credit decisions (used internally and sold to other institutions).

## Market Standing
- **Valuation**: Not publicly disclosed (private company)
- **Key Metric**: Cumulative lending of over £15.1bn since inception (2025). Annual profit of £165.2m in 2025. Total capital ratio of 18.4%.
- **Notable Investors/Partners**: Founded and led by Rishi Khosla & Joel Perlman; backed by a range of institutional investors (details not fully public). Over 400,000 retail savers provide deposit funding. Partnered with LSE Generate for mentorship.
- **Growth Signals**: Named **Best Bank in the UK** at The Banker’s Bank of the Year Awards 2025. Recognised by CNBC/Statista as one of the UK’s Top 250 Fintechs. Expanded lending into the US in 2023. Built a diversified business including Business Banking capability. 61,000+ jobs and 36,000+ new homes created through lending. Offices in London, Manchester, Leeds, Bristol, Newcastle, Birmingham, New York (OCI), and India (Gurugram, Bengaluru, Hyderabad).

## Competitive Advantages
- **Data-driven credit underwriting**: Uses proprietary analytics (OCI) to assess future potential, not just past financials, enabling faster, more accurate lending decisions.
- **Founder-led, flat organisational structure**: Decision-making is fast, with less bureaucracy than traditional banks.
- **Disciplined profitability**: One of the few digital banks globally to be consistently profitable, with extremely low credit losses (4.5 basis points of cumulative facilities).
- **Customer obsession**: High NPS and a culture of “customer delight” rather than mere satisfaction.

## Strategic Focus
- **US expansion**: Scaling lending in the US lower mid-market where a similar structural gap exists.
- **Business Banking rollout**: Building a full business banking capability beyond loans to deepen customer relationships.
- **Technology and data**: Continuing to invest in the OakNorth Credit Intelligence platform and automation.
- **ESG and community**: Net zero target by 2045; 1+1% initiative (1% of profits and 1% of employee time to charity).
- **Talent and culture**: Expanding teams across UK, US, and India while maintaining a founder-led, high-autonomy culture.

## Why Work Here
- **Equity**: Employees receive equity in the business, sharing in growth.
- **Flat structure**: Opportunity to interact with senior leaders and have real impact regardless of tenure.
- **Autonomy**: Personal goal-setting with manager support; freedom to take on projects of interest.
- **Mission-driven**: Directly contribute to creating jobs, homes, and supporting ambitious entrepreneurs.
- **Culture**: Values include “Say it how it is” (honest communication), “10x” (set ambitious goals), “One team”, and “Momentum”.
- **Hybrid/Office**: Multiple office locations across UK (London, Manchester, Leeds, Bristol, Newcastle, Birmingham) plus New York and India. Specific remote policies not detailed but likely hybrid for most roles.
- **Recognition**: Work for a bank that has won “Best Bank in the UK” and is seen as a top fintech employer.

## Sources
1. [OakNorth.co.uk – Home](https://oaknorth.co.uk/)
2. [OakNorth.co.uk – About/Our Story](https://oaknorth.co.uk/about/)
3. [OakNorth.co.uk – Careers](https://oaknorth.co.uk/about/careers/)
4. [OakNorth.co.uk – Annual Report 2025 (PDF)](https://oaknorth.co.uk/wp-content/uploads/2026/03/Annual_Report_2025.pdf)
5. [OakNorth.co.uk – Jobs](https://oaknorth.co.uk/jobs/)

## Other roles at OakNorth

- [Assistant Manager - Procurement](https://feeny.ai/job/assistant-manager-procurement-oaknorth-gurugram-8a37gdaxbm2y) — Gurugram, India
- [Director, Debt Finance](https://feeny.ai/job/director-debt-finance-oaknorth-new-york-78vw5hmt7e0a) — New York, NY
- [Assistant Manager - controllership](https://feeny.ai/job/assistant-manager-controllership-oaknorth-gurugram-qv4xs8nbvkte) — Gurugram, India
- [Deposit Operations Analyst](https://feeny.ai/job/deposit-operations-analyst-oaknorth-manchester-20kg47psnftg) — Manchester, United Kingdom
- [Compliance Analyst](https://feeny.ai/job/compliance-analyst-oaknorth-gurugram-vaeecaap3xxb) — Gurugram, India
- [Intern - Finance (Regulatory Reporting)](https://feeny.ai/job/intern-finance-regulatory-reporting-oaknorth-gurugram-1t6kqw6ez0b5) — Gurugram, India
- [Associate, Debt Finance Support  (Real Estate)](https://feeny.ai/job/associate-debt-finance-support-real-estate-oaknorth-new-york-0qbhy2a4sve4) — New York, NY
- [Credit, Director - C&I](https://feeny.ai/job/credit-director-c-i-oaknorth-new-york-ge8b82wfwp4z) — New York, NY
- [Manager - Company Secretary](https://feeny.ai/job/manager-company-secretary-oaknorth-gurugram-pv06rkyaw7xf) — Gurugram, India
- [AVP - Legal - Transaction & Execution Management](https://feeny.ai/job/avp-legal-transaction-execution-management-oaknorth-gurugram-t9egh1d1zs6b) — Gurugram, India