Accounts Payable Executive

Synergy Maritime; Chennai District; On-site; INR 300,000 - 500,000; Full time

Job summary

Synergy Maritime seeks an Accounts Payable Executive to manage invoice processing, supplier payments, reconciliations, and journal entries, ensuring timely closures and prompt vendor query resolution.

You will support process improvements, migrations, and system changes, working as part of a collaborative team to meet KPIs and deadlines.

Qualifications

• Bachelor's degree in Commerce, Accounting or Finance.
• 1–2 years of experience in Accounts Payable or similar finance roles.
• Experience with ERP systems and exposure to migrations will be an added advantage.

Responsibilities

• Handle invoice processing and supplier payments.
• Perform bank reconciliations and journal entries.
• Maintain vendor ledgers and pay batch updates.
• Assist month-end and year-end closures.
• Resolve supplier queries and provide timely feedback.
• Assist migrations during system upgrades and process changes.
• Upload supporting documents against expenses.

Skills

Accounts Payable

ERP / Accounting systems

MS Excel

Bank reconciliations

Analytical thinking

Communication skills

Team player / adaptability

Education

Bachelor's degree in Commerce / Accounting / Finance

Tools

Document Repository System

Bank portal

MS Excel

Job description

Job Description

The Accounts Payable Executive will handle invoice processing, supplier payments, reconciliations, and journal entries while ensuring timely closures and vendor query resolution. The role also supports process improvements, migrations, and system changes.

Key Responsibilities

• Transfer invoices from the Document Repository System to the Accounting System.
• Pass entries for exchange gain/loss and other required journal entries.
• Create and update beneficiary account details in the bank portal for new suppliers.
• Process supplier payments, advance payments, refunds, and perform reconciliation and follow-ups.
• Manage pay batch creation and updates, ensuring adherence to KPIs and maintaining vendor ledgers.
• Ensure completion of Bank Reconciliation Statement (BRS) on the first working day of every month.
• Investigate and resolve supplier queries, providing feedback on the same day.
• Support monthly and yearly closure activities within defined timelines.
• Upload supporting documents against expenses booked in the system.
• Actively contribute as a team player during migration, system upgrades, and process changes.

Key Skills & Competencies

• Strong knowledge of Accounts Payable processes.
• Proficiency in ERP/Accounting systems and MS Excel.
• Good understanding of banking processes and reconciliation.
• Strong analytical and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Excellent communication and stakeholder management skills.
• Team-oriented with adaptability to system/procedure changes.

Qualification & Experience

• Bachelors degree in Commerce / Accounting / Finance (or equivalent).
• 1–2 years of experience in Accounts Payable or similar finance roles.
• Experience with ERP systems and exposure to process migrations will be an added advantage.