Accounts Payable Specialist
7 days ago
Role description
Job Description Accounts Payable Specialist for India Region
Location: BengaluruExperience: 3 to 6 YearsEmployment Type: Full-TimeRole: Individual Contributor
Job Summary:
We are seeking a highly skilled Accounts Payable (AP) Specialist with 3 to 6 years of experience in handling the end-to-end AP process, including invoice processing, vendor payments, reconciliations, and compliance with GST & TDS regulations. The ideal candidate should be detail-oriented, capable of working independently, and have strong knowledge of Indian taxation laws related to accounts payable.
Key Responsibilities:
Invoice Processing & Vendor Payments
- Process vendor invoices accurately and in compliance with company policies.
- Verify invoice approvals, purchase orders (POs), and goods receipts before payment processing.
- Ensure timely and accurate payments via NEFT, RTGS, wire transfers, and cheques.
- Manage non-PO invoices and resolve discrepancies with vendors and internal teams.
GST & TDS Compliance
- Ensure correct GST application and input tax credit (ITC) reconciliation.
- Deduct and deposit TDS as per government regulations and generate TDS certificates.
- Coordinate with vendors and tax teams for GST filings and compliance reports.
- Assist in statutory audits and tax assessments related to AP transactions.
Vendor Management & Reconciliations
- Maintain vendor records and ensure timely payments while managing payment terms.
- Reconcile vendor statements and resolve outstanding issues.
- Coordinate with vendors for invoice clarifications, payment status, and GST compliance.
Month-End Closing & Reporting
- Assist in month-end and year-end closing for accounts payable.
- Knowledge in doing Bank Reconciliation and Prepaid schedules
- Prepare AP aging reports, accruals, and reconciliation statements.
- Work closely with finance teams for accurate financial reporting and audits.
Required Skills & Qualifications:
3 to 6 years of hands-on experience in Accounts Payable & GST/TDS compliance. Strong knowledge of AP processes, invoice validation, and payment processing. Expertise in GST, TDS, and Indian taxation laws related to vendor payments. Experience working with ERP systems ( NetSuite, or Microsoft D365 preferred). Proficiency in MS Excel (VLOOKUP, Pivot Tables) for data analysis and reconciliations. Ability to work independently as an individual contributor with minimal supervision. Excellent problem-solving and communication skills for vendor coordination.
Preferred Qualifications:
Experience in handling international vendor payments. Knowledge of automation tools for AP processes. Prior experience in audit support and SOX compliance.
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