Accounts Payable Executive

5 days ago


Belapur, India Epitome Research Services LLP Full time

**Key Responsibilities: Accounts Payable Executive**

**Accounts Payable Management**:

- Process vendor invoices and ensure timely and accurate posting in the accounting system.
- Verify invoices against purchase orders and ensure proper approvals are in place.
- Reconcile vendor statements and resolve discrepancies promptly.
- Monitor accounts payable aging and ensure timely payments to vendors.

**Reconciliation and Reporting**:

- Perform bank reconciliations for accounts payable transactions.
- Reconcile general ledger accounts related to accounts payable.
- Generate reports for payable balances, aging, and cash outflows for management review.

**Vendor and Stakeholder Management**:

- Communicate with vendors to address payment queries and disputes.
- Build and maintain strong relationships with key vendors and stakeholders.
- Ensure all vendor records are updated, including banking and contact information.

**Compliance and Documentation**:

- Ensure compliance with GST, TDS, and other statutory requirements for vendor payments.
- Maintain proper documentation for audits and regulatory requirements.
- Track and manage all payment-related tax deductions and reporting.

**Payment Processing**:

- Prepare payment batches, ensuring accuracy and adherence to company policies.
- Upload and process approved payments through banking platforms.
- Ensure compliance with payment terms and conditions agreed upon with vendors.
- Maintain accurate records of all payments made.

**Foreign Remittance Management**:

- Prepare foreign remittance documents (15CA/CB) in compliance with regulatory requirements.
- Maintain and track foreign remittance data for financial records.
- Ensure timely processing of international payments and compliance with RBI regulations.

**Process Improvement**:

- Identify opportunities to streamline accounts payable and payment processes.
- Implement best practices to improve efficiency and reduce processing errors.

**Requirements**:

- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum 1 year of experience in accounts payable or related roles.
- Proficiency in accounting software (e.g., Tally, Zoho,) and Microsoft Excel.
- Strong understanding of GST, TDS, and other statutory compliance requirements.
- Excellent organizational and problem-solving skills.
- Strong attention to detail and ability to work under tight deadlines.

Pay: ₹200,000.00 - ₹300,000.00 per year

Schedule:

- Day shift

Work Location: In person



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