Accounts Payable Executive in Navi Mumbai, Belapur

Job Description

Key Responsibilities Accounts payable management: Process vendor invoices and ensure timely and accurate posting in the accounting system Verify invoices against purchase orders and ensure proper approvals are in place Reconcile vendor statements and resolve discrepancies promptly Monitor accounts payable aging and ensure timely payments to vendors Reconciliation and reporting: Perform bank reconciliations for accounts payable transactions Reconcile the general ledger accounts related to accounts payable Generate reports for payable balances, aging, and cash outflows for management review Vendor and stakeholder management: Communicate with vendors to address payment queries and disputes Build and maintain strong relationships with key vendors and stakeholders Ensure all vendor records are updated, including banking and contact information Compliance and documentation: Ensure compliance with GST, TDS, and other statutory requirements for vendor payments Maintain proper documentation for audits and regulatory requirements Track and manage all payment-related tax deductions and reporting Payment processing: Prepare payment batches, ensuring accuracy and adherence to company policies Upload and process approved payments through banking platforms Ensure compliance with payment terms and conditions agreed upon with vendors Maintain accurate records of all payments made Foreign remittance management: Prepare foreign remittance documents (15CA/CB) in compliance with regulatory requirements Maintain and track foreign remittance data for financial records Ensure timely processing of international payments and compliance with RBI regulations Process improvement: Identify opportunities to streamline accounts payable and payment processes Implement best practices to improve efficiency and reduce processing errors About Company: Epitome Research Services is a market research firm. The fast-growing company in the MR industry and caters to its client in different segments such as B2B, B2C, health care, etc. Epitome, in the recent past, has been growing largely concentrating on catering its services in different sections and looks to grow further by expanding its needs. Show more Show less