Accounts Payable Role at IKS Navi Mumbai | Focus on GST, TDS & Vendor

IKS Navi Mumbai is looking for a meticulous and experienced Accounts Payable Specialist to manage vendor invoice processing, GST & TDS compliance, payments, and reconciliation activities. The ideal candidate will have a strong understanding of Indian accounting standards, hands-on experience with accounting ERP systems, and excellent communication skills.

Key Responsibilities:

• Receive, verify, and process a high volume of vendor invoices, ensuring accuracy and compliance with company policies.
  
• Perform 3-way matching of invoices with Purchase Orders (PO) and Goods/Services Received Notes (GRN).
  
• Obtain necessary payment approvals from relevant departments.
  
• Handle vendor queries, resolve discrepancies, and reconcile vendor statements periodically.
  
• Maintain and update vendor master data and process employee expense reimbursements timely.
  
• Ensure GST compliance, including accurate application of IGST, CGST, and SGST on vendor invoices.
  
• Reconcile GSTR-2A/2B reports with company accounts and follow up on discrepancies.
  
• Calculate TDS on applicable payments, prepare and file quarterly TDS returns (Forms 26Q/27Q).
  
• Reconcile TDS with Form 26AS and resolve mismatches.
  
• Record payment transactions accurately in the accounting system.
  
• Assist in bank reconciliations and support month-end and year-end closing activities.
  
• Generate accounts payable aging reports, cash flow analyses, and vendor expense summaries.
  
• Maintain organized financial records for audit purposes and assist in internal and external audits.
  
• Collaborate with finance teams to ensure smooth financial operations and support MIS reporting.
  

Qualifications:

• Bachelors degree in Commerce (B.Com) or related field.
  
• Minimum 3 years of experience in Accounts Payable within the Indian accounting environment.
  
• Proficiency with accounting software such as Tally ERP, SAP, Oracle, or Zoho Books.
  
• Strong MS Excel skills, including functions for data analysis and reporting.
  
• In-depth knowledge of GST regulations and TDS provisions.
  
• Excellent attention to detail, problem-solving, and analytical abilities.
  
• Good communication skills and ability to manage vendor relationships effectively.
  
• Ability to work independently and meet deadlines while managing multiple tasks.

  Role & responsibilities