Accounts Executive Payables

Role : Accounts Executive Payables

Location : Mumbai

Qualification : Bcom

Experience : 2 to 3 years

Job Description :

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 (57 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.