Accounts Payable

Position: Accounts Payable Executive / Specialist

Experience: 3 – 6 Years
Location: Hyderabad
Department: Finance & Accounts
Employment Type: Full-Time

Job Description :-

We are looking for an experienced and detail-oriented Accounts Payable Executive to join our Finance team in Hyderabad. The ideal candidate will have strong experience in handling end-to-end Accounts Payable processes, with proficiency in SAP, TDS, GST, and Foreign Payments compliance. This role will be responsible for managing timely invoice processing, reconciliation, and ensuring compliance with regulatory and internal policies.

Key Responsibilities :-

Invoice Verification & Processing

• Timely and accurate verification of vendor invoices in line with company policies.
• Booking and processing of invoices in SAP.
• Coordinating with internal departments for invoice approvals and resolving discrepancies.

Payment Processing

• Ensuring timely disbursement of vendor payments as per due dates.
• Handling domestic as well as foreign payments with adherence to regulatory guidelines.
• Compliance with FEMA/RBI norms for foreign remittances.
• Reconciliation
• Performing regular Bank Reconciliation to ensure accuracy between books and bank statements.
• Managing Intercompany reconciliations and addressing variances in coordination with internal teams.

Taxation & Compliance

• Processing transactions with proper application of TDS and GST.
• Ensuring accurate filing and reporting of TDS and GST as per statutory requirements.
• Assisting in audits and compliance checks related to Accounts Payable.

Stakeholder Management

• Liaising with internal departments (procurement, finance, operations) for smooth invoice processing.
• Coordination with external stakeholders including vendors, auditors, and bankers for query resolution and compliance matters.
• Maintaining strong relationships with bank representatives for payment processing and reconciliation activities.

Documentation & Reporting

• Maintaining proper documentation and audit trails for all AP-related transactions.
• Preparing MIS reports related to Accounts Payable, ageing analysis, and vendor outstanding reports.

Key Requirements :-

• Education: Bachelor's Degree in Commerce/Finance/Accounting; CA Inter/MBA Finance is a plus.
• Experience: 3–6 years in Accounts Payable or similar finance roles.
• Technical Skills:
• Hands-on experience in SAP (FI Module preferred)
• Strong knowledge of TDS, GST, and Foreign Payments regulations
• Good knowledge of banking operations and reconciliation practices.

Soft Skills :-

• Strong analytical and problem-solving skills
• Good communication and interpersonal skills
• Attention to detail and ability to meet deadlines

Job Type: Full-time

Work Location: In person