Account Executive

24 hours ago

Pune, Maharashtra, India Govind Milk & Milk Products Full time ₹ 1,04,000 - ₹ 1,30,878 per year

Company Name: Govind Milk & Milk Products Pvt. Ltd.

Visit our Website:

Work Location: Baner, Pune

Reporting to: Manager Accounts & Finance

Experience: 2-5 years of experience

Key Responsibility Areas (KRA) for Vendor Payments Role

1. Invoice Processing and Verification-

-Verify invoice details against purchase orders, goods receipt notes (GRNs), and contracts.

-Ensure proper authorization and approvals before payment.

2. Timely Payment Processing-

-Schedule and process payments as per due dates to avoid late fees or supply disruption.

-Maintain a calendar of recurring and one-time payments.

3. Vendor Reconciliation-

-Regularly reconcile vendor accounts to ensure there are no outstanding or duplicate payments.

-Address mismatches or disputes in coordination with procurement and vendors.

4. Compliance and Documentation-

-Ensure adherence to internal financial policies, tax laws (GST, TDS, etc.), and audit requirements.

-Maintain accurate and complete records of all vendor payments for audit and compliance.

5. Coordination with Internal Teams-

-Collaborate with procurement and other business units to ensure seamless invoice approvals and payment execution.

-Highlight any payment delays or policy violations.

6. Vendor Relationship Management-

-Serve as the point of contact for vendor payment queries.

-Maintain professional and prompt communication to ensure positive relationships.

7. Reporting and Analysis

-Generate periodic reports on payments made, pending liabilities, and ageing analysis.

-Identify trends in payment delays or errors and recommend process improvements.

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