Accounts Payable Process

**1. AP Process -Daily**

1. All operating related bills processing in AP on daily basis.

2. Handling team size of 5 members in bills validation process on day-to-day basis with accuracy and on timely manner.

3. Coordinate with user departments for submission of bills on time with proper documentation to enable smooth operation of accounts payable.

4. Regular scrutiny of Vendor Prepayments with ageing and follow-up with user departments for submission of bills against long pending advances for which service was already completed

5. Vendors payables ageing analysis with reasons for non-payment and is at knowledge of user department.

6. Preparation and review of month end schedules for monthly expenses variance.

7. Review of BRS open items and considering of items > 2 moths as critical and steps to be initiated for immediate closure of the same.

8. Monitoring PO master update with status of work completion for pending POs.

9. Validation of bills with accounting vouchers for accuracy of invoice and ensuring the statutory compliance of TDS and GST.

10. Ensuring the accounting voucher for appropriate GL code mapping.

**2. Creditors review - Old TDS Recovery and closure of prepayment**

1. Creditor ledger being monitored on day-to-day basis for identification of unwanted or wrong entry for cancellation or closure on immediate basis.

2. Recovery of old TDS from the current bills, which was generated during year end provision accounting and other entries.

3. Closure of supplier prepayments on daily basis aggressively by coordinating with user departments for submission of bills for advance obtained.

4. Monitoring vendor reconciliation closely and ensuring completion of vendor reconciliation as per the schedule.

**3. ERP and Other Procurement software - Participation in production**

1. Active participation in PO module usage for day to day to process.

2. Additional requirements and reports implementation during live usage of ERP in production such as branch wise accounting, Invoice submission through PO module, capturing additional fields such as loan number.etc.

3. Proactive approach in fixing issues in ERP - PO module usage in day to day basis such as onward & reverse integration, GST category update, New TDS category etc.

4. Coordination with vendor and IT team for smooth function of PO module in day-to-day usage.

5. Coordination with vendor and IT team for implementation of PO module by remaining user departments for invoice submission through BAZ.

**4. Audit Completion - Monthly, Quarterly and Yearly**

1. Coordination with internal and external auditors for monthly, quarterly and yearly audit completion.

2. Preparation and review of AP related schedules for operating expenses to provide to statutory auditors.

3. Coordination and support with other external team for providing information to statutory auditors for completion of quarterly and yearly audit.

4. Explanation and understanding on provision for expenses with listing to statutory auditors for quarterly and yearly audit completion.

5. Obtaining document supporting from CPC team with respect to Flex or SVS entries for audit samples for quarterly and yearly audit completion.

6. Coordination for document supporting with respect to AP entries for audit samples for quarterly and yearly audit completion.

**5. Preparation of Financials - Daily and Weekly**

1. Ensuring for AP process with real time accounting without any pre dated entries for RBI report accuracy.

2. Downloading weekly TB for RBI Fortnight financials.

3. Preparation of Daily financials for RBI reporting on daily basis.

4. Preparation of Fortnight financials for RBI reporting on weekly basis.

Pay: ₹300,000.00 - ₹500,000.00 per year

Application Question(s):

- Experience working in Indian companies is mandatory ? Yes or NO ?
- Current CTC and Notice period ?

**Experience**:

- accounts payable : 3 years (required)

Work Location: In person