Accounts Payable Specialist

Job Description

Job Title: Accounts Payable Specialist Client: UK Based offshore Product MNC Location: Hitech City, Hyderabad Experience: 2 to 4 Years Work Mode: Work from Office (Monday to Friday) About the Role: We are seeking dynamic and detail-oriented Accounts Payable Specialists to join our Finance team in Hyderabad. This role offers an exciting opportunity to manage critical financial processes, interact with vendors, and contribute to compliance and reporting for accounting standards in India. If you are passionate about accounting, taxation, and vendor management, this role is for you. Key Responsibilities: Accounts Payable Operations: Manage end-to-end accounts payable processes including invoice processing, approvals, payments, and reconciliations. Maintain timely and accurate records of all payable transactions. Record to Report (R2R): Assist with month-end and year-end closing activities. Support reconciliation of accounts and financial reporting aligned with internal controls. Vendor Management: Coordinate with vendors for invoice submissions, payment schedules, and issue resolution. Build strong relationships and maintain vendor satisfaction while adhering to compliance standards. Taxation and Compliance: Ensure proper application of TDS, GST, and other tax regulations in all transactions. Support statutory audits and tax assessments by providing relevant documentation. Financial Insight: Stay updated on the latest Union Budget announcements and incorporate relevant changes into financial processes. Provide insights on budgetary impacts and opportunities. Required Skills and Qualifications: Education: M.Com / MBA in Finance / CA (Semi-Qualified) Experience: 2 to 4 years of experience in Accounts Payable or related finance functions. Core Skills: Working experience using Tally Hands-on expertise in Accounts Payable and R2R Strong command over Accounting Standards in India Proficient in Vendor Management and handling payment disputes Good knowledge of Taxation rules, TDS , GST , and regulatory reporting Must be well-versed with the recent Union Budget and its implications for corporate finance Able to collaborate with foreign clients Communication: Excellent verbal and written communication skills Important Note: Candidates with experience in foreign accounting standards are not eligible for this position. Applications not aligning with the accounting in India focus will not be considered. Show more Show less