Account Payable Professional

3 - 7 years

3 - 7 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Responsibilities:

  • Accounts Payable Management:

    Manage the end-to-end Accounts Payable (AP) function, ensuring accuracy, efficiency, and compliance with company policies and financial regulations.
  • Compliance & Standards:

    Ensure all accounts payable operations comply with

    Indian Accounting Standards (Ind AS), Goods and Services Tax (GST), and Tax Deducted at Source (TDS)

    regulations.
  • Invoice Processing:

    Oversee the accurate and timely processing of all vendor invoices, from receipt to payment, ensuring proper coding and authorization.
  • Vendor Management:

    Manage vendor relationships from an accounts payable perspective, handling inquiries, resolving discrepancies, and maintaining vendor master data.
  • Reconciliations:

    Perform regular reconciliations of accounts payable ledgers with general ledger and vendor statements, identifying and resolving any variances.
  • Audit Support:

    Assist in internal and external audits by providing necessary documentation and explanations related to accounts payable.
  • Team Leadership & Development:

    Lead and mentor accounts payable team members, fostering a high-performance environment and ensuring adherence to best practices.
  • Process Improvement:

    Proactively identify opportunities for process improvements within the accounts payable function, implementing automation and efficiencies to optimize workflows and reduce costs.
  • Timely Disbursements:

    Ensure timely and accurate disbursement of payments to vendors, optimizing cash flow and maintaining strong vendor relationships.

Required Skills:

  • Proficiency in managing

    Accounts Payable

    operations.
  • Strong understanding and compliance with

    Ind AS, GST, and TDS

    .
  • Experience in overseeing invoice processing.
  • Capability in

    vendor management

    and relationship handling.
  • Expertise in performing accounts payable

    reconciliations

    .
  • Ability to support and participate in

    audits

    .
  • Strong team leadership and development skills.
  • Demonstrated ability to drive

    process improvements

    .
  • Commitment to ensuring timely and accurate disbursements.
  • Excellent analytical, problem-solving, and communication skills.


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Acme Services logo
Acme Services

Industrial Machinery Manufacturing

malad-west Maharashtra

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