Accounts Officer

Capacite; Mumbai; On-site; INR 400,000 - 600,000; Full time

Job summary

Capacite is seeking a finance professional to manage day-to-day Accounts Payable and Accounts Receivable activities. You will record and verify purchase invoices, sales invoices, receipts, and payment entries, and create Purchase Orders as per business needs.

You will process vendor payments after ensuring invoices and approvals, reconcile bank accounts, and maintain vendor/customer ledgers. You will support GST and TDS compliance and assist in month-end close.

Qualifications

• Experience in managing AP/AR workflows.
• Record purchase and sales invoices with accuracy.
• Assist in month-end and year-end closing.

Responsibilities

• Manage day-to-day Accounts Payable (AP) and Accounts Receivable (AR) activities.
• Record and verify purchase invoices, sales invoices, receipts, and payment entries.
• Create and manage Purchase Orders (POs) as per business requirements.
• Process vendor payments after verifying invoices, supporting documents, and approvals.
• Compare payment requirements against the approved budget, highlight variances, and obtain necessary approvals before processing payments.
• Perform regular bank reconciliations and resolve discrepancies in a timely manner.
• Maintain accurate vendor and customer ledgers and ensure balances are reconciled.
• Ensure proper accounting treatment and compliance with GST and TDS requirements.
• Monitor outstanding payables and receivables and follow up for timely settlements/collections.
• Assist in month-end and year-end closing activities.
• Maintain proper documentation and records for audits and internal reviews.
• Coordinate with internal teams, vendors, customers, and other stakeholders regarding accounting and payment-related queries.
• Hands-on experience in SAP (SAP FI, SAP FICO, SAP MM, or SAP SD).

Skills

Accounts Payable

Accounts Receivable

Financial Recordkeeping

Vendor Payments

GST & TDS compliance

Tools

SAP

Job description

Key Responsibilities:

• Manage day-to-day Accounts Payable (AP) and Accounts Receivable (AR) activities.
• Record and verify purchase invoices, sales invoices, receipts, and payment entries.
• Create and manage Purchase Orders (POs) as per business requirements.
• Process vendor payments after verifying invoices, supporting documents, and approvals.
• Compare payment requirements against the approved budget, highlight variances, and obtain necessary approvals before processing payments.
• Perform regular bank reconciliations and resolve discrepancies in a timely manner.
• Maintain accurate vendor and customer ledgers and ensure balances are reconciled.
• Ensure proper accounting treatment and compliance with applicable GST and TDS requirements.
• Monitor outstanding payables and receivables and follow up for timely settlements/collections.
• Assist in month-end and year-end closing activities.
• Maintain proper documentation and records for audits and internal reviews.
• Coordinate with internal teams, vendors, customers, and other stakeholders regarding accounting and payment-related queries.
• Hands-on experience in SAP (SAP FI, SAP FICO, SAP MM, or SAP SD).