Accounts Payable Specialist
2 weeks ago
Required Skills and Qualifications:
- Education: Bachelor's degree in Commerce or Accounting; pursuing CA/CMA
preferred
- Experience: 4-6 years in accounts payable within MNC subsidiary operations
- MNC Background: Must have worked in Indian subsidiaries of multinational
companies
- Governance Standards: Must have worked in Sarbanes-Oxley compliant
businesses or have Six Sigma certification - demonstrating understanding of the
high standards expected in this role
- Technical Skills: Strong knowledge of GST, TDS, and Indian payment regulations
- Systems: Experience with ERP systems and electronic payment platforms
- Communication: Excellent English communication skills for global stakeholder
interaction
Global Operations: Ability to work across global time zones when required
Key Responsibilities:
- Invoice Processing:
- o Process vendor invoices accurately through three-way matching
- procedures
- o Ensure proper approvals and supporting documentation per SOX
- requirements
- o Handle GST compliance and TDS calculations for all payments
- • Vendor Management:
- o Maintain vendor master data and ensure KYC compliance
- o Resolve vendor queries and payment discrepancies
- o Support vendor onboarding and periodic reviews
- • Payment Execution:
- o Prepare payment runs and ensure timely vendor payments
- o Manage cash flow forecasting for payables
- o Handle foreign exchange transactions and hedging activities
- • Controls & Compliance:
- o Maintain segregation of duties and approval hierarchies
- o Support internal and external audit activities
- o Ensure compliance with local regulatory requirements
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