Job description

• Responsible for timely processing of vendor invoices, Timely vendor Payments, Periodical
• reconciliation of vendor statements and strict compliance of vendor KYC. Duties/Responsibilities:
• Closely monitoring the expenditures and tracking the actuals against the budget of that period.
• Ensuring Timely and appropriate payments to the vendors with prior approval of the respective department heads.
• Review invoice for completeness and proper approvals. Authorized approvers are the
• Department Heads.
• If an invoice is received without an approved Purchase order, it will not be submitted for payment.
• Ensure purchases are made from vendors that have registered GSTN to ensure GST input credits are claimable.
• Ensure Vendor master list is supported with KYC documents/details in the system.
• Ensure prior to Vendor Master Creation, all KYC documents are received from vendor. Under no circumstance vendor master creation is done without KYC.
• Ensure that all expenditures are properly coded.
• All invoices with discrepancies must be report to Account Payable Executive/ Assistant Manager Accounts.
• Reconciliation of supplier statement on monthly/Quarterly basis.
• Generating journals for month end reporting
• Ongoing improvements to the accounts payable process

Job Knowledge, Skills Abilities:

• Experience performing full function accounts payable duties
• Experience in calculating, posting and managing financial records accurately
• Understanding of basic accounting and accounts payable principles, including general ledger coding
• Good verbal and written communication skills.
• Ability to build good relationships with vendors and suppliers
• Understand the importance of accuracy and attention to detail
• Intermediate computer software skills, including Excel and other accounting packages

Preferred Qualifications

• Bachelor’s degree in commerce or any equivalent
• Strong mathematical skills
• 2-5 years Prior Experience at similar position
• Experience in driving process improvement
• CA-Inter Pass out with Article ship experience and Immediate Joiners are preferred.

Location :- Andheri