Senior Executive - Accounts Payable

Key Responsibilities:

1. Invoice Management:

Review, verify, and process vendor invoices with proper approvals and supporting documentation.

Ensure compliance with company policies, accounting standards, and tax regulations (GST/TDS).

2. Vendor Payments: o Prepare and process vendor payments via online banking/cheques as per due dates.

o Reconcile vendor accounts and resolve any discrepancies or disputes. o Maintain proper aging of accounts payable and monitor overdue invoices.

3. Expense Management:

o Verify employee reimbursement claims and ensure adherence to company policies.

o Record and track advances to suppliers and ensure timely settlement.

4. Compliance & Audit:

o Ensure accurate application of GST, TDS, and other statutory requirements.

o Support statutory and internal audits by providing necessary schedules, reports, and documentation.

5. Reporting:

o Assist in month-end and year-end closing processes.

o Prepare AP-related MIS reports and payment forecasts.

o Maintain vendor master data and ensure accuracy in ERP systems.

6. Process Improvement:

o Identify opportunities for automation or process optimization within the AP function.

o Ensure proper internal control procedures are followed.

7. Qualifications & Skills:

• Education: B.Com / M.Com / MBA (Finance)

• Experience: 512 years of experience in Accounts Payable, preferably in FMCG / Manufacturing / Retail sector

8. Technical Skills:

o Hands-on experience with ERP systems (SAP / Tally / Oracle / NetSuite, etc.)

o Strong knowledge of GST, TDS, and vendor reconciliation

o Proficiency in Excel and financial reporting

9. Soft Skills:

o Excellent attention to detail and accuracy

o Strong communication and interpersonal skills

o Ability to work under pressure and meet deadlines

o Team player with problem-solving ability