Executive - Accounts Payable
6 months ago
Job Role AP Team Member -SSC
Designation Senior Executive
Department Shared Services -Finance
Location Mumbai
Position reports to AP Team Lead-SSC
ROLES & RESPONSIBILITIES
Primary position
Objectives Timely and correct process, accounting and payment of Vendor Invoices & Expenses
Key responsibilities 1. Check & process vendor invoices for goods & services as per contract/PO and verify the same with budget
2. Charge expenses to accounts and cost centers by analyzing invoice/expense reports and recording entries
3. Process payments & Fund Transfers.
4. Processing all Foreign Currency Payments, for spares, Capital Equipment & Services
5. Correct deduction/accounting of TDS and GST in Accounts Payable Function.
6. Review advances to vendors and follow up to settle the same on monthly basis
7. Assist in Group Reporting Audit, Statutory Audit, Tax Audit and Internal Audit of AP Function
8. Review & Reconcile creditors’ ledgers/sub ledgers
9. Perform Month-End Reconciliation of AP accounts
10. Prepare monthly expenses provision sheet, monthly schedules related to accounts payable & prepaid expenses
11. To comply with all aspects of Quality, Health, Safety, Environment and Supply chain security management systems
12. Any other responsibility/task; not limited to the above-mentioned tasks, that may be assigned from time to time in view of the job requirements.
QUALIFICATIONS & COMPETENCIES
2. Experience in major ERPs like SAP/Oracle
4. Awareness of GST, Income Tax & basic accounting concepts.
5. 2-4 years’ experience of Accounting activities
6. Awareness of statutory regulations relating to payments
Remark: - The management has the right to change the accountabilities, duties and responsibilities, and any other content therein, as deemed fit and in accordance with work requirements.
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