Accounts Payable Specialist

Job Summary:

The Accounts Payable Specialist will be responsible for managing the companys vendor invoices, payments, and expense records with accuracy and efficiency. The role involves ensuring timely payments, reconciling accounts, and maintaining proper documentation to support the financial health and compliance of the organization.

Key Responsibilities

• Process and verify vendor invoices, purchase orders, and payment requests.
• Match invoices with purchase orders and receipts to ensure accuracy.
• Enter and maintain vendor information in the accounting system.
• Prepare and process payments via cheques, bank transfers, and online platforms.
• Reconcile accounts payable transactions and resolve discrepancies with vendors.
• Monitor accounts to ensure payments are up-to-date and within agreed credit terms.
• Maintain proper filing of all accounts payable documents for audit purposes.
• Assist in month-end and year-end closing processes.
• Coordinate with procurement and other departments for payment-related queries.
• Ensure compliance with company policies, tax regulations, and accounting standards.

Qualifications & Skills

• Bachelor’s degree in Accounting, Finance, or a related field.
• Proven experience (2–5 years) in accounts payable or similar finance role.
• Strong understanding of basic accounting principles.
• Proficiency in accounting software (e.g., Tally, SAP, or ERP systems).
• Excellent attention to detail and accuracy.
• Strong organizational and time management skills.
• Good communication and problem-solving abilities.
• Ability to work independently and in a team environment.
• High attention to detail and strong organizational skills.