Senior Accounts Payable Executive

23 hours ago


Aurangabad, India Umanist NA Full time

Domain:
Accounting / Corporate Finance,082

Industry:
Manufacturing / Engineering

Notice Period:
Not more than 30 days

Role Summary
The Senior Executive – Accounts Payable is responsible for handling vendor invoices, ensuring timely and accurate payments, maintaining reconciliations, and supporting month-end closing activities. The role ensures compliance with company policies, internal controls, and statutory requirements while maintaining positive vendor relationships.

Key Responsibilities

  • Invoice Processing & Payment
  • Receive, review, and verify invoices for accuracy, approvals, and compliance with purchase orders and policies.
  • Ensure accurate coding of invoices in ERP and timely payment processing (cheques, online transfers, NEFT/RTGS).
  • Schedule vendor payments as per due dates.
  • Vendor Management
  • Maintain updated vendor master data and banking details.
  • Resolve vendor queries and discrepancies efficiently.
  • Maintain proper documentation for vendor contracts and agreements.
  • Reconciliation & Reporting
  • Prepare vendor account reconciliations periodically.
  • Monitor and clear open GR/IR (Goods Received/Invoice Received) accounts on time.
  • Assist in preparing Accounts Payable MIS reports and dashboards for management.
  • Compliance & Controls
  • Ensure TDS, GST, and other statutory deductions are correctly applied and filed on time.
  • Provide data for internal and statutory audits.
  • Comply with internal controls, policies, and accounting standards.
  • Month-End Activities
  • Accrue expenses and post journal entries for month-end closing.
  • Support AP aging analysis and working capital monitoring.

Must Have Key Skills & Competencies

  • Strong knowledge of accounting principles and AP processes.
  • Hands-on experience with ERP systems (SAP, Oracle, etc.).
  • Advanced proficiency in MS Excel for reporting and reconciliations.
  • Detail-oriented, with strong organizational and deadline management skills.
  • Good communication and coordination abilities.

Qualification & Experience

  • Education: B.Com / M.Com / MBA (Finance).
  • Experience: 2–4 years of experience in Accounts Payable or general accounting in a corporate environment.

Additional Information

  • Interview Process: 1 virtual round with the recruiting manager + 1 in-person round with the finance leader.
  • Role Type: Individual Contributor.
  • Office Location: Aurangabad (on-site).

Skills: payments,accounting,compliance,accounts payable,internal controls,management



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