Account Executive

PolicyBoss; Mumbai; On-site; INR 600,000 - 840,000; Full time

Job summary

PolicyBoss is seeking an Accounts Payable Executive in Mumbai with hands-on Tally experience to manage vendor billing, payments, and expense tracking. You will verify invoices, ensure GST ITC eligibility, and coordinate with the finance team for accruals and ageing reports.

The role requires 3+ years in payables, strong Excel skills, and proficiency in Tally ERP 9 or Tally Prime to maintain precise records and timely vendor disbursements.

Qualifications

• Bachelor's degree in Commerce or related field.
• 3+ years of payables experience.
• Advanced Tally ERP 9 or Tally Prime expertise.
• Solid GST ITC and TDS knowledge.
• Strong Excel skills for exporting data and reconciliation.

Responsibilities

• Process high-volume vendor invoices and match with POs.
• Manage vendor payments via NET banking/NEFT/RTGS/Corporate cards.
• Ensure GST ITC eligibility and TDS compliance.
• Reconcile vendor ledgers and perform month-end accruals.
• Prepare AP ageing reports and support cash flow forecasting.

Skills

Vendor payments

Invoice processing

GST ITC compliance

TDS knowledge

Excel proficiency

Education

Bachelors in Commerce

Tools

Tally ERP 9

Tally Prime

Excel

Job description

We are seeking an accurate and detail-oriented Accounts Payable Executive with hands-on Tally expertise to manage our vendor billing and expenses. In this role, you will handle invoice verification, vendor payments, and expense tracking tailored to our service operations. Your focus will be on maintaining precise records in Tally, tracking service contracts, and ensuring accurate statutory tax compliances.

Key Responsibilities

Invoice Processing: Review, verify, and enter high-volume vendor invoices into the accounting system. Match invoices to purchase orders (PO) and receiving documents to ensure accuracy.

• TDS & GST Compliance: Ensure precise application of Tax Deducted at Source (TDS) under correct sections and verify Input Tax Credit (ITC) eligibility for Goods and Services Tax (GST) on service invoices.
• Vendor Reconciliation: Periodically reconcile vendor ledgers in Tally against vendor account statements to resolve outstanding balances.
• Payment Execution: Schedule and process vendor disbursements through net banking, NEFT, RTGS, or corporate credit cards, updating payment vouchers promptly.
• Expense Management: Audit and process employee travel, reimbursement claims, and credit card expenses in compliance with company policies.
• AP Ageing Reporting: Extract and present accounts payable ageing reports from Tally to assist management with cash flow forecasting.
• Month-End Accruals: Coordinate with the finance team to pass necessary monthly provision and accrual entries for services received but not yet billed.

Qualifications & Skills

• Education: Bachelors degree in Commerce (BCom), Accounting, or a related field.

• Experience: 3+ years of accounting experience, specifically handling payables.

• Tally Proficiency: Advanced hands-on experience using Tally ERP 9 or Tally Prime for vouchers, journal entries, and ledger tracking.

• Tax Competency: Solid working knowledge of domestic service tax compliances, explicitly GST ITC rules and TDS slabs.

• Excel Skills: Competence in Microsoft Excel for exporting Tally data, reconciling statements.

Interview Venue:

Ground Floor & First Floor, E-Shape Building,
Ashok Silk Mills Compound,
202, Lal Bahadur Shastri Marg,
Ghatkopar West, Mumbai, Maharashtra 400086.