Accounts Executive Payables

Department: Accounts & Finance
Location: Mumbai
Company: Artha Energy Resources LLP

Role Overview

The Accounts Executive – Payables will be responsible for executing the payable accounting function at Artha Energy Resources. The role ensures accurate financial reporting, vendor management, and compliance with regulatory requirements. This position involves handling day-to-day payable operations, invoice processing, and ensuring timely payouts while maintaining accuracy and audit readiness.
Key Responsibilities

1. Banking (Yes Bank):

• Manage all bank-related work.
• Ensure timely recording of all bank entries.
• Regularly update and reconcile bank statements.

2. Payables (Project Vendors):

• Vendor management with bi-weekly updates on payable status.
• Preparation of MIS for vendor payments.
• Ensure vendor payouts are completed within TAT (5–7 days).

3. Invoice Processing:

• Verify, match, and accurately record invoices in ERP (Tally).
• Ensure correct cost allocation to respective projects/departments in coordination with Project & Procurement teams.
• Monitor pending invoice approvals and ensure timely follow-ups.
• Maintain accurate documentation and a complete audit trail.

4. Claims Processing:

• Review and process employee claims as per company SOP.
Ensure claim payouts within defined timelines.

Performance Metrics

• Financial accounting prepared every 3 months.
• Employee claims processed every 15 days (as per SOP).
• Vendor payments released within one month.
• Books updated with a delay of not more than 5 days.

Skills & Competencies

• Strong knowledge of financial accounting principles, GST, TDS, GAAP.
• Proficiency in Tally, Saral, SAP, and MS Office.
• Attention to detail and accuracy in financial documentation.
• Strong analytical, problem-solving, and time management skills.
• Effective communication and interpersonal skills.
• Integrity, ethics, and commitment to compliance.

Ideal Candidate Profile

• Education: B.Com/M.Com or equivalent degree in Finance/Accounting.
• Experience: 2–4 years in Accounts Payable/Finance function.
• Personal Attributes: Confident, detail-oriented, self-motivated, and a sharp observer.