Accounts Payable Executive

Varahamurti Flexirub; Ghaziabad District; On-site; INR 350,000 - 600,000; Full time

Job summary

Varahamurti Flexirub is hiring an Accounts Payable Executive in India. The role requires 2–5 years of hands-on experience in accounts payable and a B.Com/BBA/M.Com qualification. Proficiency in MS Excel and ERP systems (SAP B1) is preferred.

You will handle invoice processing, three-way matching, payments, reconciliations, and compliance activities, contributing to accurate financials and timely vendor settlements.

Qualifications

• Bachelor’s degree in Commerce, Accounting, or Finance (B.Com/BBA/M.Com).
• 1–5 years of accounts payable or general accounting experience.
• Proficiency in MS Excel (VLOOKUP, pivot tables) and SAP B1 or similar ERP.

Responsibilities

• Invoice Processing: Receive, review, code, and enter vendor invoices.
• Three-Way Matching: Match invoices with POs and delivery receipts.
• Dispute Resolution: Resolve discrepancies with vendors and internal teams.
• Payment Execution: Schedule and process electronic transfers and checks.
• Reconciliation: Reconcile vendor statements with GL and assist bank reconciliations.
• Expense Management: Review employee expenses and petty cash.
• Month-End Support: Assist with month-end/year-end closing and accruals.
• Compliance & Audits: Ensure GST, TDS compliance and audit documentation.

Skills

Attention to detail

Numerical accuracy

Communication skills

Time management

Education

Bachelor's degree in Commerce/Accounting/Finance

Tools

MS Excel

SAP B1

Job description

Job Title: Accounts Payable Executive
Experience: 2-5 years
Salary Range: 3.5 to 6LPA
Qualification: B. Com/BBA

An Accounts Payable Executive manages a companys outgoing payments, verifies vendor bills, and maintains accurate financial records.

Key Responsibilities

• Invoice Processing: Receive, review, code, and enter vendor and supplier invoices into the accounting system.
• Three-Way Matching: Match invoices against Purchase Orders (POs) and delivery receipts to verify quantities and prices.
• Dispute Resolution: Resolve discrepancies with vendors, internal departments, and the procurement team.
• Payment Execution: Schedule and process timely electronic transfers, checks, or wire payments according to agreed credit terms.
• Reconciliation: Reconcile vendor statements with the General Ledger (GL) and assist with bank reconciliations.
• Expense Management: Review and verify employee expense reports and petty cash claims.
• Month-End Support: Assist with month-end and year-end closing activities, aging reports, and accrual postings.
• Compliance & Audits: Ensure compliance with company accounting policies, tax regulations (such as GST or TDS), and audit documentation requirements.

Qualifications & Requirements

• Education: Bachelor’s degree in Commerce, Accounting, or Finance (e.g., B.Com, BBA, or M.Com).
• Experience: 1 to 5 years of hands‑on experience in accounts payable or general accounting.
• Technical Skills: Proficiency in MS Excel (VLOOKUP, pivot tables) and enterprise accounting software or SAP B1 systems.
• Core Competencies: Strong attention to detail, numerical accuracy, communication skills, and time management.

Experience in Manufacturing company would be preferred.