Accounts Payable Accountant

Company Description

Founded in UAE in early 2014, Desertcart has rapidly emerged as a premier eCommerce platform, specializing in shipping products from the UAE, USA, UK, India, Japan, and China. With a focus on hassle-free shopping, Desertcart handles all shipping, customs clearance, and warranty needs. Boasting an extensive catalog of over 50 million products and a substantial monthly visitor count, Desertcart is committed to providing a diversified and convenient shopping experience for customers across the MENA region. We prioritize customer satisfaction and continue to innovate in both logistics and technology.

Role Description

This is a full-time on-site role for an Accounts Payable Accountant located in Mumbai, India.
The Accounts Payable Accountant will be responsible for day-to-day tasks such as processing invoices, handling invoice reconciliation, managing account reconciliations, and ensuring invoice accuracy and timely payments. This role requires a keen attention to detail and adherence to financial procedures.

The ideal candidate will support the accounts payable function for different group entities with a focus on freight, customs, courier, and 3PL and other invoices and accounting, ensuring accuracy, timeliness, and compliance.

Key Responsibilities:

1. Invoice Processing:

• Review and verify invoices for accuracy, completeness, and proper approval.
• Resolve discrepancies and follow up with vendors or internal departments.

2. Vendor Management:

• Maintain and update vendor records.
• Communicate with vendors regarding invoices, payment status and resolve payment inquiries.

3. Reconciliations:

• Reconcile vendor statements and resolve discrepancies promptly.
• Investigate and resolve discrepancies between invoices, payments, and records.

4. Compliance and Reporting:

• Ensure compliance with company policies, accounting standards, and statutory regulations (GST, TDS, etc.).
• Assist in month-end closing, accrual entries, reporting, and audit documentation, inter-company accounting.

5. Process Improvement:

• Identify opportunities to streamline and improve accounts payable processes.
• Support implementation of new tools or automation initiatives

Experience:

• 5+ years of experience in accounts payable or a similar finance-related role with a strong focus on logistics, freight, or 3PL vendor management. Should be able to independently handle AP function for various group entities.
• Good understanding of logistics invoicing, interpreting, customs duty payments and cost allocation methods.
• Experience in working with ERP/accounting software (QuickBooks, Zoho Books).
• Experience in the eCommerce or retail industry is a plus

Qualifications and Skills:

• Bachelor's degree in commerce, Accounting, Finance, or a related field. CA Inter or similar qualification is preferred.
• Proficiency in Finance and Accounting
• Experience with Account Reconciliation
• Skills in Invoice Processing and Invoicing
• Strong organizational and analytical skills with attention to detail
• Excellent numerical and data entry skills
• Proficiency in Microsoft Office, especially Excel (including vlookups, pivots, data validation)
• Working knowledge of GST, TDS, VAT and invoice compliance requirements
• Ability to work effectively and independently in a fast-paced environment
• Good communication and interpersonal skills