Team Member-AP OPS-OPS-Accounts Payable Operations

1 day ago

Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 2,00,000 - ₹ 6,00,000 per year
Description
As a Team Member in AP OPS, you'll be integral to our Accounts Payable processes. Your role involves managing vendor payments, reconciling accounts, and maintaining accurate financial records. You'll collaborate with teams to resolve payment issues and ensure timely, accurate transactions. Additionally, you'll contribute to process improvements, enhancing the department's efficiency.

Responsibilities
  • Process and manage vendor payments, ensuring timely and accurate disbursements.
  • Reconcile accounts and maintain up-to-date financial records for accuracy.
  • Collaborate with internal teams to address payment discrepancies and queries promptly.
  • Prepare and submit GST and TDS returns, adhering to regulatory compliance.
  • Maintain and update vendor master data, ensuring its accuracy and completeness.
  • Review and analyze invoices, identifying and addressing any discrepancies.
  • Prepare schedules for TDS deductions and ensure timely remittances.
  • Assist in month-end and year-end closing processes, providing accurate financial data.
  • Implement and maintain internal controls to protect financial assets.
  • Stay updated with accounting standards and regulations, ensuring the bank's compliance.
Qualifications
  • Strong accounting knowledge and Accounts Payable experience, with 1-3 years in a similar role.
  • Proficiency in Excel, Word, and PPT for data analysis and report generation.
  • Working knowledge of GST and TDS, including accounting, return filing, and schedule preparation.
  • Excellent written and verbal communication skills for effective collaboration and documentation.
  • Attention to detail and accuracy when working with financial data.
  • Analytical skills to review and interpret financial information effectively.
  • Ability to work independently, manage multiple tasks, and prioritize effectively.
  • Strong organizational skills and a systematic approach to work processes.
  • A proactive attitude, a willingness to learn, and adaptability to new processes.
  • A bachelor's degree in accounting, finance, or a related field is preferred.

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