Accounts Payable Specialist
5 days ago
Job Overview
We are seeking a highly skilled Accounts Payable Specialist to join our team at Republic World. The successful candidate will be responsible for processing supplier invoices, ensuring timely payments, and maintaining accurate financial records.
Key Responsibilities:
- Invoice Processing: Receive and verify invoices from suppliers, ensuring completeness and accuracy. Match invoices to purchase orders and goods receipt notes, and ensure compliance with Indian tax regulations.
- Data Entry: Enter invoice details into the accounting system, accurately recording vendor details, amounts, GL codes, and tax entries.
- GST Compliance: Ensure all invoices comply with GST laws, including checking GSTIN, GST rates, and tax calculation. Support the GST return filing process by reconciling tax-related documents and invoices.
- Discrepancy Resolution: Resolve issues or discrepancies between vendor invoices, purchase orders, and goods receipts. Communicate with vendors and internal stakeholders to clarify discrepancies and obtain necessary approvals.
- Reconciliation: Regularly reconcile vendor accounts to ensure accurate invoicing and payment tracking. Assist with month-end and year-end closing activities, including preparing reports on outstanding invoices and accounts payable.
Requirements:
- Bachelor's degree in Commerce or related field. 2-5 years of experience in accounts payable or related role.
- Strong understanding of Indian tax regulations, particularly GST.
- Excellent communication and problem-solving skills.
- Able to work independently and as part of a team.
Benefits:
- Competitive salary: ₹8-12 lakhs per annum (estimated)
- Ongoing training and professional development opportunities
- Collaborative and dynamic work environment
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