Executive accounts payable

Company Description

SAVIC is a global system integrator, providing unique engagement models to simplify business processes and achieve business objectives. With extensive experience in technology and business consulting, we focus on innovative digital transformation initiatives to drive growth. We implement and sustain these initiatives with state-of-the-art delivery models for easy adoption and scalability in digital environments.

Role Description

This is a full-time, on-site role for an Executive Accounts Payable at SAVIC Inc., located in Navi Mumbai. The Executive Accounts Payable will be responsible for managing financial transactions, processing invoices, maintaining financial records, and ensuring compliance with financial policies and regulations. Day-to-day tasks will include financial reporting, preparing financial statements, and collaborating with other departments to resolve any discrepancies.

Key Responsibilities

Process vendor invoices, purchase orders, and expense reports accurately and in compliance with company policies.

Review and verify invoice details including quantities, prices, terms, and approvals.

Ensure timely vendor payments through checks, bank transfers, or other approved methods.

Prepare and process payment runs while ensuring compliance with payment terms.

Reconcile vendor statements and resolve discrepancies promptly.

Maintain accurate and organized AP records, files, and documentation.

Support monthly, quarterly, and annual closing by providing AP reports and reconciliations.

Monitor accounts to ensure timely payments and handle queries from vendors.

Assist in preparing TDS, GST, and other statutory compliance related to vendor payments (where applicable).

Coordinate with procurement, finance, and other departments for smooth operations.

Identify process improvement opportunities to enhance AP efficiency.

Qualifications & Skills

Bachelor’s degree in Accounting, Finance, Commerce, or related field.

Proven work experience in Accounts Payable or similar finance role.

Strong understanding of accounting principles and AP processes.

Proficiency in MS Excel and experience with ERP systems (SAP, Oracle, Tally, or similar).

Knowledge of taxation (TDS, GST, VAT depending on region) is preferred.

Excellent attention to detail, accuracy, and organizational skills.

Strong communication and problem-solving abilities.

• Ability to work independently and as part of a team in a fast-paced environment.