Company Name: Govind Milk & Milk Products Pvt. Ltd. Visit our Website: http://govindmilk.com/ Work Location: Baner, Pune Reporting to: Manager Accounts & Finance Experience: 2-5 years of experience Key Responsibility Areas (KRA) for Vendor Payments Role 1. Invoice Processing and Verification- -Verify invoice details against purchase orders, goods receipt notes (GRNs), and contracts. -Ensure proper authorization and approvals before payment. 2. Timely Payment Processing- -Schedule and process payments as per due dates to avoid late fees or supply disruption. -Maintain a calendar of recurring and one-time payments. 3. Vendor Reconciliation - -Regularly reconcile vendor accounts to ensure there are no outstanding or duplicate payments. -Address mismatches or disputes in coordination with procurement and vendors. 4. Compliance and Documentation- -Ensure adherence to internal financial policies, tax laws (GST, TDS, etc.), and audit requirements. -Maintain accurate and complete records of all vendor payments for audit and compliance. 5. Coordination with Internal Teams- -Collaborate with procurement and other business units to ensure seamless invoice approvals and payment execution. -Highlight any payment delays or policy violations. 6. Vendor Relationship Management - -Serve as the point of contact for vendor payment queries. -Maintain professional and prompt communication to ensure positive relationships. 7. Reporting and Analysis -Generate periodic reports on payments made, pending liabilities, and ageing analysis. -Identify trends in payment delays or errors and recommend process improvements.
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