Accounts Payable Management Professional

4 days ago


Mumbai, Maharashtra, India Upstox Full time

Are you looking for a challenging role in accounts payable management? As an Accounts Payable Management Professional at Upstox, you will be responsible for managing the entire accounts payable process from receipt of invoices to payment disbursement. You will ensure accuracy and adherence to company policies and procedures.

Key Responsibilities:

  • Manage month-end closing activities, including accruals, prepaid, provision, and adjustment entries
  • Review and approve vendor invoices, expense reports, and payment requests according to established guidelines
  • Coordinate with internal departments to obtain necessary approvals and resolve invoice discrepancies in a timely manner
  • Maintain accurate vendor records, including contact information, payment terms, and banking details
  • Process weekly, monthly, and ad-hoc payment runs, reconciling vendor statements and resolving outstanding balances or discrepancies
  • Prepare accruals and month-end closing entries related to accounts payable transactions
  • Monitor and analyze accounts payable aging reports to identify trends and potential issues, taking proactive measures to address them
  • Implement process improvements to enhance efficiency, accuracy, and scalability of the accounts payable function

Requirements:

  • CA/MBA Finance with 3-5 years of work experience
  • Proficiency in SAP
  • Strong understanding of accounting principles and practices, including GAAP

Salary Estimate: ₹40 Lakhs - ₹60 Lakhs per annum



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