Accounts payable and Accounts Receivable Executive

TYA Business Solutions; Bengaluru; On-site; INR 350,000 - 450,000; Full time

Job summary

TYA Business Solutions in Bengaluru seeks an Accounts Payable and Receivable professional to independently manage day-to-day AP and AR activities, ensure accurate accounting and compliance, and coordinate with stakeholders for timely completion of tasks.

Candidate should have B.Com / M.Com and at least 1 year of experience, with strong knowledge of end-to-end AP/AR processes, GST and TDS compliance, and vendor coordination.

Qualifications

• B.Com / M.Com degree is required.
• Minimum 12 months of experience in AP/AR.

Responsibilities

• Understand client requirements and coordinate with stakeholders to execute Accounts Payable activities and ensure timely, accurate completion.
• End-to-end AP process knowledge: invoice processing, three-way matching (PO/GRN/Invoice), vendor reconciliation, payment processing, debit/credit notes, vendor ageing.
• AR knowledge: invoicing, payment advice, AR ledger reconciliation, TDS receivable entries, follow-up with customers.
• Vendor & statutory compliance: MSME vendor identification, payment due dates, GST and TDS compliance.
• Accounting & journal entries: basic accounting entries for purchases, sales, payments, receipts, and contra entries.
• GST & TDS accounting: tax determination, input tax credit, TDS deduction, reconciliation, and compliance.
• Accruals, provisions & prepaid expenses: accounting, adjustment, periodic review.
• Ensure accuracy of accounting transactions and maintain supporting documents.

Skills

General ledger review

Trial balance

Journal entries

GST & TDS compliance

MSME compliance knowledge

Vendor reconciliation

Accounts receivable knowledge

Accounts payable knowledge

Education

B.Com / M.Com

Tools

Microsoft Excel

Job description

JOB DESCRIPTION :

Looking for an Accounts Payable and Receivable professional who can independently manage day-to-day AP and AR activities, understand client requirements, ensure accurate accounting and compliance, and coordinate with stakeholders for timely completion of assigned tasks.

REQUIRED QUALIFICATION:

B.Com / M.Com

EXPERIENCE:

Minimum 12 months

KEY RESPONSIBILITIES / REQUIRED KNOWLEDGE:

1. Client Coordination & Requirement Understanding: Understand client requirements, coordinate with relevant stakeholders, execute assigned Accounts Payable activities and ensure timely and accurate completion of work.
2. Accounts Payable Process Knowledge: Should have good knowledge of the end-to-end Accounts Payable process, including invoice processing, three-way matching (POGRNInvoice), vendor reconciliation, payment processing, debit/credit notes, and vendor ageing.
3. Accounts Receivable Process Knowledge: Invoicing, payment advice, AR ledger reconciliation, TDS receivable entries, and communicating with customers for timely followup
4. Vendor & Statutory Compliance: Should have knowledge of MSME vendor compliance, including identification of MSME vendors, payment due dates and related accounting requirements, along with applicable GST and TDS compliances.
5. Accounting & Journal Entries: Should have good understanding of basic accounting entries, including purchase invoices, sales, journal entries, payment entries, receipt entries and contra entries, with proper accounting treatment.
6. GST & TDS Accounting: Should have practical knowledge of GST and TDS accounting, including applicable tax determination, input tax credit, TDS deduction, reconciliation and basic statutory compliance requirements.
7. Accruals, Provisions & Prepaid Expenses: Should have basic knowledge of accrued expenses, prosions and prepaid expenses, including accounting, adjustment and periodic review.
8. Accuracy & Documentation: Ensure accuracy of accounting transactions, maintain appropriate supporting documents and follow defined accounting policies, processes and internal controls.

SKILLS:

• Accounting, Financial & Taxation Knowledge:
• Good accounting skills
• Familiarity with general ledger, trial balance, and journal entries
• Knowledge of reviewing accounts payable/receivable
• Knowledge of direct and indirect taxation compliances (GST, TDS, EPF, ESIC etc.)

Software & Tools:

• Proficiency in Microsoft Excel (pivot tables, lookups, charts, etc.)

Communication:

• Good verbal and written communication skills in English Role & responsibilities