Executive/ Sr. Executive-Finance (Account Payable)

3 - 7 years

4 - 8 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

An Accounts Payable (AP) job typically involves managing a company's financial obligations to vendors, suppliers, and creditors . AP professionals are responsible for accurately recording, processing, and ensuring timely payment of invoices, while adhering to financial policies and procedures. This includes tasks like receiving, verifying, and reconciling invoices, preparing payments, and maintaining accurate records. Key Responsibilities and Duties: Invoice Processing: Receiving, verifying, and coding invoices to ensure they are accurate and match purchase orders. Payment Processing: Preparing and executing payments to vendors, including checks, wire transfers, or electronic payments, while adhering to payment terms. Record Keeping: Maintaining accurate records of invoices, payments, and vendor information. Reconciliation: Reconciling invoices and payments with vendor statements and bank statements to ensure accuracy. Discrepancy Resolution: Addressing any discrepancies in invoices, payments, or vendor statements. Vendor Relationship Management: Maintaining positive relationships with vendors and addressing any questions or concerns. Financial Reporting: Assisting in the preparation of financial statements and reports related to accounts payable. Compliance: Ensuring compliance with relevant accounting standards and regulations.

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