Account Payable

Title

Job Position Summary

Key Roles and Responsibilities

• Receive, verify, and process vendor invoices and employee expense claims in a timely manner.
• Match purchase orders, goods receipt notes (GRNs), and invoices to ensure accuracy and approval compliance.
• Reconcile vendor statements and resolve invoice discrepancies through effective communication.
• Initiate and execute payments via cheques, NEFT, RTGS, and other online banking modes.
• Maintain organized and accurate records of payables, contracts, and related documentation.
• Ensure compliance with statutory tax requirements including, GST, TDS, and assist in related filings.
• Coordinate with Procurement, Crew Recruitment, and other internal teams to resolve payables queries.
• Assist in monthly closure of books by reconciling accounts payable sub-ledger with general ledger.
• Support audit requirements by compiling and submitting requested documentation and reports.
• Manage and update vendor master records in ERP/accounting systems like Oracle or Tally.
• Generate periodic reports on payable aging, vendor balances, and other MIS as required.

EXTERNAL

• Auditors, Tax Authorities, Bankers and Counterparties

Job Experience, Functional Knowledge and Qualifications

• Bachelor's degree in commerce, Accounting, or Finance.
• 3 to 5 years of hands-on experience in accounts payable or a similar accounting function.
• Prior experience in a medium-to-large corporate setup is preferred.

Competencies

• Solid understanding of accounts payable procedures and financial controls.
• Proficiency in ERP/accounting software such as Tally, SAP, Oracle, or Zoho.
• Familiarity with GST, TDS, and other Indian statutory compliance frameworks.
• Strong MS Excel skills, including data validation, lookups, and pivot tables.
• Meticulous attention to detail and accuracy in processing financial data.
• Good organizational and communication skills for effective coordination with vendors and internal stakeholders.

How to Apply:

hr@imi.edu.in

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