Accounts Payable Executive

Role & responsibilities

1.Invoice Processing:

• Receive, review, and process invoices from vendors.
• Verify that invoices are accurate, complete, and in compliance with company policies and contracts.
• Ensure proper coding and approval for payment.

2. Payment Processing:

• Prepare and process payment batches, including checks, electronic transfers, and ACH payments.
• Schedule payments in a timely manner to take advantage of discounts and meet payment terms. Reconcile payments with supporting documentation.

3. Vendor Management:

• Maintain positive relationships with vendors and respond to their inquiries regarding payments.
• Resolve discrepancies or issues related to invoices and payments.

4. Expense Reporting:

• Review and process employee expense reports, ensuring compliance with company policies.
• Reimburse employees for valid expenses in a timely manner.

5. Record Keeping:

• Maintain accurate and organized account payable records.
• Prepare and maintain necessary reports for management and auditing purposes.

6. Month-End Close:

• Assist in month-end and year-end closing activities, including accruals and reconciliations.

7. Compliance and Reporting:

• Ensure compliance with applicable accounting principles and regulations.
• Ensure accurate tax withholding (TDS) & GST compliance.
• Assist in the preparation of tax-related documents and reports.

Preferred candidate profile