Job description

Executive/ Senior ExecutiveAbout the role: Accounts Payables

Oversee end-to-end Procure-to-Pay (P2P) processes, ensuring smooth operations from purchase requisition to invoice processing and payment
Ensure compliance with company procurement and accounting policies and standards
Coordinate timely PO conversion, GRN posting, and purchase order modifications to prevent procurement delays in line with the internal SLAs
Review and verify invoices for accuracy, appropriate approvals and adherence to company policies
Providing accurate accrual details within the timeline for MIS
Preparing and review trade payable and advance ageing
Any other adhoc or new ongoing requirements related to AP
Ensure completeness of expenses accounting within the timeline for MIS preparation
Tracking GRIR & clearing account on regular basis and ensure that GRIR and clearing get Nil at each month end
Generate and record intercompany invoices
Reconcile the interco balance sheet accounts during month end

Month end closing:

Responsible for timely month-end, quarter-end and year-end closing
Prepare and post General Ledger journals and payroll journals alongwith cost allocation to projects
Preparing month end schedules
Coordinate with auditors, tax consultants, and external agencies as required
Preparing necessary information for budgets
Reconciliation of Accounts Payable and Receivable with strong communication skills
Implement financial controls and process improvements
Maintain accurate and up-to-date financial records
Collaborate with cross-functional teams to ensure financial data accuracy
Ensure completion of month end activities as per Corporate Calendar
Supporting audit requirement for the function assigned
Perform ledger account reconciliation on a timely basis
Any adhoc and or ongoing business requirements

Profile:

Should have end to end P2P process knowledge, with strong attention to detail and organisational skills
Strong process knowledge to identify, analyse process gaps, and drive standardisation/simplification of AP processes
Basic understanding of direct/indirect taxation and multi-currency invoices
Hands-on experience with vendor partners, stakeholder reviews, and preparing monthly performance reviews
Strong understanding of accounting principles and practices
Proficiency in using accounting software and other financial systems (SAP knowledge advantageous)
Excellent communication and interpersonal skills for interacting with customers, vendors and colleagues
Attention to detail and accuracy in data entry and record keeping
Strong problem-solving and analytical skills to investigate and resolve discrepancies
Ability to prioritize tasks, manage time effectively and meet deadlines
Preparing other reports required for MIS purposes
Working knowledge in excel
Should be M.Com - Fresher or 1-2 years experience

Executive Accounts