Accounts Executive or Senior Account Executive

The Accounts Payable Executive is responsible for processing and managing vendor and supplier payments, ensuring compliance with company policies and financial procedures. The role requires accurate recording of transactions, periodic reconciliation of ledgers, and prompt resolution of any payment discrepancies.

Key Responsibilities:-

Vendor Payments:

- Process payments to vendors and suppliers in accordance with the company's financial policies and procedures.

- Ensure that all invoices are correctly processed, verified, and approved for payment

- Intimate vendors and suppliers once invoices have been processed for payment.

Record Keeping:

- Record payment entries in the accounting ERP system promptly and accurately.

- Maintain an organized record of all payment transactions for audits and financial reporting.

Reconciliation:

- Reconcile vendor and supplier ledgers on a periodic basis to ensure that all invoices, payments, and balances are properly accounted for.

- Verify and investigate discrepancies by reconciling vendor accounts and monthly statements.

Vendor Interaction:

- Address and resolve vendor queries regarding payments, balances, and discrepancies.

- Provide clear communication to vendors about payment processing status and timelines.

Vendor Aging Analysis:

- Prepare vendor aging reports periodically to monitor outstanding balances and ensure timely payments.

GST/TDS Compliance:

- Prepare reports for GST, TDS, and other statutory compliances related to vendor payments.

Other Responsibilities:

- Assist with any other incidental matters related to Accounts Payable.

- Collaborate with other departments for resolving any issues related to vendor payments.

Desired Candidate's profile:-

- Bachelors degree in Accounting, Finance, or a related field.

- 1-3 years of experience in Accounts Payable or similar roles.

- Proficient in accounting software and ERP systems.

- Strong understanding of GST and TDS regulations.

-Excellent attention to detail and analytical skills.

- Strong communication and interpersonal skills for vendor management.

Qualification:

Education:

• BCom/MCom or similar qualifications.

Experience:

• 3-5 years of experience in handing similar roles in prior assignments.
• Book keeping experience.

Key Skills & Core Competencies:

• Judgment and decision making
• Interaction skills with vendors and suppliers
• Working knowledge of computer and ERP systems.

Languages:

• Can read/write/speak English and Hindi