Specialist - Forwarding Finance

Job Description

Role Purpose: Responsible for the day-to-day validation of accounts payable invoices, Invoice Tracker management, Vendor Reconciliations, Vendor Payments and monthly AP closing activities. Designation: Specialist/ Senior Specialist -Forwarding Finance-Global Service Centre Base Location: Navi Mumbai Reporting to: Assistant Manager-Forwarding Finance-Global Service Centre Key Role Responsibilities: Review and verify invoices for accuracy, appropriate approvals and adherence to company policies. Process payments for due invoices and prioritize urgent invoices, ensuring timely and accurate disbursements. Perform detailed reconciliations of accounts payable sub-ledgers with the general ledger. Address and resolve payment discrepancies, invoice disputes, or vendor queries efficiently. Generate reports on outstanding payables, payment schedules. Ensure compliance with company policies, tax regulations, and legal requirements in all accounts payable activities. Assist in maintaining records for audits and ensuring proper documentation. Assist in month/year-end closing activities related to accounts payable. Publish Monthly/ weekly Aging and other reports of the zone that is supported. Identify and escalate unresolved discrepancies, anomalies, or process bottlenecks to the Team Lead/Manager for further investigation and resolution. Follow internal policies, procedures, and accounting controls to ensure compliance with accounting standards and legal regulations, mitigating any potential financial risks. Participate in identifying opportunities for process improvement, contributing ideas to streamline operations, enhance efficiency, and reduce manual intervention. Actively engage in cross-functional training to build knowledge of the broader business functions, supporting collaboration and gaining insights into the overall customer experience and financial impact. Assist in month-end and year-end closing activities related to accounts payable, ensuring that all transactions are recorded in a timely and accurate manner. Ensure high-quality data entry and maintain the integrity of financial records, making sure that supplier accounts and transactions reflect the most accurate and current information. Skills & Competencies: Strong attention to detail and accuracy in financial data management. Ability to work well in a team environment while also being able to handle individual tasks effectively. Proficiency with accounting software and MS Office, particularly Excel for data analysis and reporting. Effective communication and problem-solving skills to manage customer inquiries and resolve issues professionally. Good verbal and written communication skills. Ability to work in a fast-paced, dynamic environment with multiple priorities. Ability to maintain confidentiality and handle sensitive information. Education & Qualifications: Bachelor s degree in accounting, Finance, or related field. 3-5 years of experience in Accounts Payable or a related field. Knowledge of accounting principles. Familiarity with accounting software and systems (e.g. Oracle). .