Accounts Payable Controller
20 hours ago
An Accounts Payable Controller's job is to oversee and manage the accounts payable function, ensuring accurate and timely payments to vendors while adhering to company policies and procedures. This role involves verifying invoices, processing payments, reconciling accounts, and managing vendor relationships. Key Responsibilities:
- **Invoice Verification**:Review and verify invoices for accuracy, completeness, and proper authorization, ensuring they align with purchase orders and contracts.
- **Payment Processing**:Process payments to vendors through various methods, such as checks, ACH, or wire transfers, ensuring timely and accurate disbursements.
- **Account Reconciliation**:Reconcile accounts payable transactions and resolve any discrepancies, ensuring accurate financial records.
- **Vendor Management**:Maintain vendor records, communicate with vendors to resolve invoice and payment inquiries, and foster strong vendor relationships.
- **Reporting and Compliance**:Prepare and maintain accounts payable reports for management review, assist with month-end closing activities, and ensure compliance with company policies and financial regulations.
- **Audit Support**:Support internal and external audits by providing necessary documentation and information.
- **Process Improvement**:Identify opportunities for process improvements within the accounts payable function to enhance efficiency and accuracy.
- **Cash Flow Management**:Monitor cash flow and provide insights to aid in financial planning.
- **Expense Handling**:Handle expense reports and reimbursements according to company policies.
- **Technology**:Utilize accounting software (e.g., SAP) and other relevant tools to streamline AP processes.
Skills and Qualifications:
- **Education**:Bachelor's degree in accounting, finance, or a related field is often required.
- **Experience**:Relevant experience in accounts payable, accounting, or finance is beneficial.
- **Knowledge**:Strong understanding of accounting principles, financial regulations, and AP processes.
- **Technical Skills**:Proficiency in accounting software, spreadsheets, and other relevant tools.
- **Soft Skills**:Strong analytical, problem-solving, and communication skills are essential.
- **Attention to Detail**:Accuracy and attention to detail are crucial for ensuring the accuracy of financial records and payments.
- In essence, an Accounts Payable Controller plays a vital role in maintaining the financial health of an organization by ensuring timely and accurate payments to vendors and maintaining accurate financial records.
**Job Types**: Full-time, Permanent, Fresher
Pay: ₹171,696.72 - ₹631,602.82 per year
Schedule:
- Day shift
- Morning shift
Supplemental Pay:
- Performance bonus
- Yearly bonus
Work Location: In person
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