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Accounts Payable Specialist
2 months ago
Accounts Payable Specialist
to join our finance team. The candidate will be responsible for managing the day-to-day operations of the accounts payable function, including processing vendor invoices, maintaining accurate records, and ensuring timely payments. The ideal candidate should have a strong understanding of accounting principles, excellent problem-solving skills, and a keen eye for detail.
Key Responsibilities:
Invoice Processing:Receive, verify, and process invoices from suppliers, ensuring accurate coding and approvals.Match invoices with purchase orders and resolve discrepancies.Enter invoices into the accounting system in a timely and accurate manner.Payment Processing:Prepare and process payments via checks, ACH, or wire transfers.Ensure all payments are made in accordance with agreed terms and deadlines.Vendor Management:Respond to vendor inquiries and resolve any issues or discrepancies.Reconcile vendor statements and maintain accurate and up-to-date supplier records.Account Reconciliation:Perform monthly reconciliations of accounts payable ledger and general ledger accounts.Ensure that all liabilities are accurately recorded and reconciled by the month-end closing.Expense Reports:Review and process employee expense reports, ensuring compliance with company policies.Compliance and Documentation:Maintain and ensure proper documentation of all accounts payable activities.Ensure compliance with tax regulations, such as VAT, GST, or other applicable taxes.Assist in audits by providing necessary documentation and explanations.
Key Skills & Qualifications:
Education and Experience:Bachelor’s Degree in Accounting and Finance.CA/CMA dropout (preferable)Minimum 5 years of experience in accounts payable or a similar role in manufacturing unit.Technical Skills:Strong proficiency in Microsoft Excel and other MS Office applications.Experience with ERP systems (SAP, Oracle, Microsoft etc.).Understanding of basic accounting principles, taxation and general ledger functions.Soft Skills:Excellent attention to detail and accuracy.Strong organizational skills with the ability to prioritize tasks and meet deadlines.Good communication and interpersonal skills for working with internal teams and vendors.Ability to handle confidential information with integrity.
