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Accounts Payable

5 months ago

Andheri Mumbai Maharashtra, India Seven Islands Shipping Limited Full time

**Company Description**

SIS is a Mumbai-based shipping company that has been operating ocean-going tankers for the last 20 years. We are committed to safe transportation, efficient services, and cleaner seas. Our fleet consists of 25 ships catering to the nation's crude oil, liquified petroleum gas, and refined oil product needs. We have a highly professional and well-qualified in-house team in all aspects of our business.

**Role Description**

**Invoice Management Software (Retro Invoice)**:

- Administration: To assign invoices to the team in the accounts department for expense booking
- Accounting: To record invoices as “Paid” once payment is completed.

**Vendor Payment**:

- Check and prepare payment set and update the relevant Excel sheets.
- Approve payments on the bank portal.
- Process payments of credit card bills, electricity bills, mobile bills, and GST payments via Net banking.
- Target: Complete payments before the due date.

**Payment Entry and Communication**:

- Pass payment entries in the accounting software (Navision).

**Bank Reconciliation**:

- Ensure accurate reconciliation of bank statements on weekly basis.

**Advance Payment Tracking**:

- Maintain an Excel sheet for advance payments.
- Keep track of outstanding advances and follow up with teams for receiving the relevant invoices.
- Close entries once tax invoices are received in accounts (set off against advances paid).

**Month-End Closing**:

- Perform tasks related to month-end closing procedures.

**Audit Work**:

- Assigned during audit periods.

**Flexibility**:
Willing to handle various tasks in the accounts department as needed.

**Qualifications**
- Bachelor's degree in Accounting, Finance, or a related field
- Minimum 5 years of work experience in accounts payable or a similar finance role
- Proficiency in accounting software and Microsoft Excel
- Strong analytical and problem-solving skills
- Excellent organizational and time management abilities
- Attention to detail and accuracy in data entry and financial record keeping
- Good communication and collaboration skills

Annual Compensation: INR 4.8 to 5 LPA

**Job Types**: Full-time, Permanent, Fresher

Pay: ₹480,000.00 - ₹500,000.00 per year

**Benefits**:

- Food provided
- Health insurance
- Leave encashment
- Paid sick time
- Paid time off
- Provident Fund

Schedule:

- Day shift
- Morning shift

Supplemental pay types:

- Yearly bonus

**Experience**:

- total work: 5 years (preferred)

Work Location: In person