Account Payable Executive

2 days ago

Okhla Industrial Estate Delhi Delhi, India YOUR SPACE Full time

_**Key Responsibilities-**_
- **AP professionals are tasked with the below given responsibilities that maintain the financial integrity of the organization**:_
- _**Vendor management: This involves maintaining up-to-date vendor profiles, handling contact information, and resolving payment-related disputes efficiently. Strengthening vendor relationships ensures smoother transactions and enhances credibility.**_
- _**Expense report management: Reviewing and approving employee expense reports ensures alignment with company policies. Proper oversight prevents misuse and maintains accountability.**_
- _**Reconciliation: Regular reconciliation of accounts payable ledgers ensures accurate postings and balances with vendor statements. This helps maintain consistency and error-free financial records.**_
- _**Payment monitoring: Timely monitoring of payments prevents delays and penalties, safeguarding the organization’s reputation and financial health.**_
- _**Compliance: Ensuring all account payable reports and processes adhere to internal control, tax laws, and legal requirements minimizes risks and supports audit readiness.**_
- _**Invoice verification: Verifying invoices for legitimacy ensures that transactions are accurate and adhere to company policies. This step is critical for fraud prevention.**_
- _**Reporting: Generating detailed reports on accounts payable, cash flow, and outstanding liabilities supports strategic financial planning and aids year-end financial processes.**_
- _**Prepare monthly channel-wise MIS reports to monitor performance and make informed decisions.**_
- _**MIS reports to meet specific business needs and provide actionable insights.**_
- _**Validate and verify data accuracy in MIS reports to ensure reliability.**_
- _**Verify ledger posting accuracy to ensure reliable financial data.**_
- _**Identify areas for process improvement and implement changes to enhance MIS reporting efficiency.**_

Pay: ₹40,000.00 - ₹50,000.00 per month

Schedule:

- Day shift
- Weekend availability

Work Location: In person

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