Accounts Payable

2 days ago

Ashok Nagar Chennai Tamil Nadu, India Quantra Technology Solutions Private Limited Full time

Invoice Processing: Receiving, verifying, and processing invoices from vendors and suppliers. Payment Processing: Ensuring timely and accurate payments to vendors, monitoring discounts, and resolving payment discrepancies. Reconciliation: Reconciling vendor statements and accounts to ensure accuracy and identify any discrepancies. Record Keeping: Maintaining accurate and complete records of all accounts payable transactions, including invoices, payments, and expense reports. Vendor Communication: Responding to vendor inquiries and resolving payment-related issues. Month-End Procedures: Assisting in month-end closing procedures related to accounts payable. Financial Analysis: Analyzing payment patterns and identifying areas for improvement in the AP process. Compliance: Adhering to company policies and procedures, as well as relevant accounting standards and regulations. Data Entry: Entering and managing financial data in accounting software and spreadsheets. Other Duties: Performing other duties as assigned, such as assisting with audits or preparing reports. Skills and Qualifications: Strong organizational and time management skills: Ability to prioritize tasks and meet deadlines in a fast-paced environment. Proficiency in accounting software: Knowledge of accounting software like QuickBooks or similar systems. Data entry skills: Accuracy and speed in entering financial data. Analytical skills: Ability to identify and resolve discrepancies in invoices and payments. Communication skills: Ability to communicate effectively with vendors and colleagues. Problem-solving skills: Ability to identify and resolve payment-related issues. Attention to detail: Ensuring accuracy in all financial transactions. Knowledge of accounting principles: Understanding of general accounting principles and procedures. Computer literacy: Proficiency in using Microsoft Office Suite and other software. Experience in accounts payable: Previous experience in AP roles is beneficial. Education: A high school diploma or equivalent is typically required, while some positions may prefer a degree in accounting or finance. In summary, an Accounts Payable job description focuses on the financial, administrative, and clerical tasks involved in managing a company's obligations to vendors and suppliers, ensuring timely and accurate payments while maintaining strong vendor relationships.

**Job Types**: Full-time, Permanent, Fresher

Pay: ₹19,000.00 - ₹39,000.00 per month

**Benefits**:

- Health insurance
- Provident Fund

Work Location: In person

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