Accounts Payable Specialist

About CFOLogic

CFOLogic is global accounting (non-audit) firm working in the US, UK, Australia and India. We work with small and medium sized business to reduce finance cost and maximise their peace of mind. We're extended finance teams for our clients and with we provide support to accelerate their sustained growth. We have worked with numerous businesses across industries, size, geographies and lifecycle - from startup to fundraise to scaleup to exit. Our main office is in Pune and have a few team members working with us from Mumbai and Bangalore remotely. 

Accounts Payable Specialist.

A. Invoice Processing & Validation

• Receive, review, and verify vendor invoices and supporting documents. 
• Ensure proper approvals as per the company’s authorization matrix. 
• Validate GST, TDS, and other statutory components on invoices. 
• Accurately record invoices in the accounting system. 

B. Payment Processing

• Prepare payment batches.
• Ensure timely vendor payments as per credit terms. 
• Maintain payment calendar and track due dates. 
• Coordinate with banks as required. 

C. Vendor Management

• Maintain accurate vendor master data. 
• Handle vendor queries and resolve discrepancies. 
• Reconcile vendor statements regularly. 
• Ensure compliance with vendor onboarding documentation and statutory requirements. 

D. Reconciliation & Reporting

• Perform monthly AP reconciliations with GL. 
• Track advances and ensure timely settlements. 
• Support month-end and year-end closing processes. 
• Generate AP aging reports and provide insights on outstanding payables. 

E. Compliance & Documentation

• Ensure accurate TDS deductions and timely return filings (coordinate with tax team). 
• Maintain invoice records and documentation for audits. 
• Support internal and statutory audit requirements. 
• Ensure accounting practices comply with company policies and statutory guidelines. 

Requirements:

1. Qualification – 2 years of relevant experience. 
2. Strong Advanced Excel experience. 
3. Personality –  Smart Communicator, go-getter attitude, self-disciplined and well-organized  
4. Superior attention to detail  

Job location:

Application Process: