Sr Executive Accounts Payable

4 weeks ago


Hyderabad, India CIEL HR Services Full time

Position: Sr Executive Accounts Payable


Key Responsibilities:

- Invoice Processing

- Data Entry: Enter invoice information into the company's accounting software or Enterprise Resource Planning (ERP) system.

- Vendor Communication: Communicate with vendors regarding invoice discrepancies, missing documentation, and payment inquiries.

- Reconciliation: Reconcile vendor statements and accounts, identifying and resolving discrepancies to ensure accurate financial records.

- Daily Cash flow preparation

- Compliance: Ensure adherence to company policies, industry regulations, and legal requirements while processing payments and maintaining records.

- Month-End Closing: Assist with month-end closing activities, including reconciling accounts payable sub-ledger to the general ledger.

- Reporting: Generate reports related to accounts payable activities, such as outstanding payments, aging reports, and vendor performance metrics.

- Cross-Functional Collaboration: Collaborate with internal departments, such as procurement and finance

- Process Improvement: Identify opportunities to streamline processes, enhance efficiency, and minimize errors within the accounts payable workflow.

Qualifications and Skills:

. Educational Background: A degree in finance, accounting preferably M.com/ MBA , or a related field is preferred with 4-5 years of experience

. Analytical Skills: Ability to analyze invoice details, identify discrepancies, and ensure accurate payment processing.

. Communication: Strong written and verbal communication skills to interact with vendors, internal teams, and other stakeholders.

. Problem Solving: Ability to identify and resolve issues related to payments, invoices, and vendor communications.

. Compliance Awareness: Understanding of financial regulations, industry standards, and internal policies related to accounts payable.

Industry Preference - Manufacturing / Trading



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