Accounts Executive

1 week ago

Chennai Tamil Nadu, India Larsen & Toubro Full time

Accounts Executive

LNT/AE/1271308

EdutechChennai
- Posted On
- 05 Feb 2025
- End Date
- 04 Aug 2025
- Required Experience
- 5 - 8 Years

**Skills**:
Knowledge & Posting Location

ACCOUNTS PAYABLE

Minimum Qualification

BACHELOR OF COMMERCE (BCOM)

MASTER OF BUSINESS ADMINISTRATION (MBA)

MASTER OF COMMERCE (MCOM)

**Job Description**:

- Accounts Payable Oversight:

- Manage the full-cycle accounts payable process, including invoice approval and payment.
- Supervise and mentor shared services team, ensuring accuracy and timeliness in daily operations.
- Contribute to the development and management of the accounts payable budget.
- Expense Management:

- Oversee employee expense reimbursements, ensuring compliance with company policies.
- Monitor corporate credit card usage and ensure proper documentation and reconciliation.
- Reconciliation and Reporting:

- Reconcile accounts payable transactions and vendor statements.
- Assist in month-end closing and preparation of reports as needed.
- Compliance and Documentation:

- Ensure adherence to internal controls, company policies, and regulatory requirements.
- Maintain organized and up-to-date accounts payable files and records.
- Ensure compliance with company policies, accounting procedures, and relevant regulations (e.g., GST, TDS). Participate in internal and external audits as required.
- Cross-functional Collaboration:

- Work closely with procurement, Shared services team and other departments to streamline payment processes.
- Provide support during audits by preparing documentation and reports.
- Oversee all accounts payable processes, ensuring efficiency, accuracy, and compliance with company policies and accounting procedures.
- Reporting & Analysis:

- Generate accounts payable reports, including aging summaries and payment forecasts.
- Support the F&A team with financial reporting and analysis during month-end and year-end closings.
- Process Improvement:

- Identify opportunities to optimize and streamline accounts payable processes.
- Assist in the implementation of automation tools to enhance efficiency.

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