Accounts Payable

Ascendion; Vadodara; On-site; INR 300,000 - 450,000; Full time

Job summary

Ascendion is seeking an Accounts Payable Executive to manage invoice processing and payments, and support financial, administrative, and clerical tasks. The role involves reconciling invoices, controlling expenses, and ensuring timely payment cycles.

The candidate should have a Commerce degree, strong analytical and communication skills, and meticulous attention to detail to prepare weekly and monthly reports within deadlines.

Qualifications

• Interpersonal and communication skills are essential.
• Bachelor degree in Commerce.
• Strong analytical abilities.
• Detail-oriented with ability to produce accurate reports under tight deadlines.
• Good grasp of general accounting processes.

Responsibilities

• Reconcile processed work by verifying entries and comparing system reports to balances.
• Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
• Audit and processing of payment vouchers for the services received from sub-tier vendor company
• Validate invoices of Service Providers and Resolve discrepancies if any
• Prepare and analyze audit reports for services from sub-tier vendors and payment reconciliation while identifying delays in payments
• Maintain files and documentation accurately per company policy and accounting practices
• Audit and process business-related expenses incurred by Collabera Office Staff employees
• Track deductions to be made from payments to vendors while releasing payments

Skills

Interpersonal skills

Communication

Analytical skills

Attention to detail

Organizational skills

General accounting procedures

Education

Bachelor degree in Commerce

Job description

Ascendion is looking for an Accounts Payable Executive who is generally responsible for processing invoices and issuing payments. The role of the Accounts Payable involves providing financial, administrative and clerical support to the organisation. Their role is to complete payments and control expenses by receiving payments, plus processing, verifying and reconciling invoices. A typical Accounts Payable job also highlights the day-to-day management of all payment cycle activities in a timely and efficient manner.

What You’ll Do

• Reconcile processed work by verifying entries and comparing system reports to balances.
• Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
• Audit and processing of payment vouchers for the services received from sub-tier vendor company
• Validate invoices of Service Providers and Solve discrepancies if any
• Prepare and do analysis of audit reports for the services received from sub-tier vendors and payment reconciliation along with finding reasons for delay in payments from grassroots level.
• Maintain files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices
• Audit and processing business related expenses incurred by Collabera Office Staff employees in their normal day to day work
• Tracking of deductions to be made from the payments to vendors while releasing payments

What You’ll Need

• Exceptional interpersonal skills; communications skills - specifically written and oral
• Bachelor degree in Commerce
• Excellent analytical skills
• Attention to detail and organizational skills evident in the preparation of accurate weekly and monthly reports within tight deadlines.
• Good understanding of general accounting procedures.