Accounts Payable Executive

6 days ago


Hyderabad, India IDC GLOBAL PVT LTD Full time

About the company: IDC Global Pvt Ltd is headquartered in Bangalore, India, and is a company originally established in 2016. As part of its portfolio of brands, the company has multiple brands namely, Magari, Yavanika & Treelight Design.

Magari & Yavanika are currently present in Bangalore and Hyderabad with each store being over 10,000 sqft and are going to continue to expand its presence across the country. Magari currently retails Furniture, Kitchens & Wardrobes and also has Fabric & Furnishings in its stores retailed under the name of Yavanika.

Treelight Design is amongst the leading Architecture & Interior Design firms in the country who's projects range across residential, commercial, hospitality, F&B and retail.

**Job Description**:
Job Title: Accounts Payable

Department: Accounts

Reporting to: Finance & Accounts Manager
- Processing accounts and incoming payments in compliance with financial policies and procedures
- Performing day to day financial transactions, including verifying, classifying, and recording accounts payable data
- Preparing bills, invoices and bank deposits

**Responsibilities**
- Process outgoing payments in compliance with financial policies and procedures
- Perform day to day financial transactions, including verifying, classifying, and recording accounts payable data
- Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
- Verify and investigate discrepancies, if any, by reconciling vendor accounts and monthly vendor statements
- Facilitate payment of invoices due by sending bill reminders and contacting clients
- Generate reports detailing accounts payables status
- Understand expense accounts and cost centers
- Understands compliance issues around accounts payable processes (Sales, tax)

**Requirements and skills**
- Proven working experience as Accounts Payable
- Solid understanding of basic bookkeeping and accounting payable principles
- Proven ability to calculate, post and manage accountingfigures and financial records
- Data entry skills along with a knack for numbers
- Hands-on experience with spreadsheets and proprietary software
- Proficiency in English and in MS Office
- High degree of accuracy and attention to detail
- BCom/Mcom ?Master degree in Finance, Accounting or Business Administration

**Job Types**: Full-time, Regular / Permanent

**Salary**: ₹25,000.00 - ₹30,000.00 per month

**Experience**:

- Accounts payable: 3 years (preferred)

**Speak with the employer**
+91 9611771750



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