Accounts Payable Executive

JobsBuddy; India; On-site; INR 500,000 - 800,000; Full time

Job summary

A financial services company in India is seeking an Accounts Payable Executive to manage vendor accounts and ensure the timely processing of invoices. The ideal candidate will have a Bachelor's degree in Accounting or Finance, along with at least 2 years of relevant experience. Proficiency in SAP or similar software and strong interpersonal skills are required for effective collaboration within the team and with external parties.

Qualifications

• Demonstrated ability to interact with customers, employees, and third parties.
• Problem-solving, organizational, and training abilities required.
• 2 years accounting experience focused on reconciliation and payables.

Responsibilities

• Handle accounts payable section and supervise junior team members.
• Manage vendor accounts and ensure timely accounting of outstanding invoices.
• Reconcile accounts payable ledgers and prepare necessary entries.

Skills

Customer interaction

Microsoft Office proficiency

Problem-solving

Good writing skills

Education

Bachelor's degree or Diploma in Accounting, Finance, Business Administration

Tools

Web Prolific / SAP

Job description

Job Description

Job Title

Accounts Payable Executive

Function

Finance

Department

Finance

Key Responsibilities

Job Summary - (Role Summary)

Essential Duties and Responsibilities - (Key Activities of the role)

• Accounting and handling of Accounts payable section of the Finance Department and also supervise the accuracy of work of junior members of the Accounting team
• Managing vendor accounts and ensure the timely accounting to reflect all outstanding invoices of invoices/claims in books of account of the Company simultaneously complying GST requirements.
• Maintaining general ledger accounts by creating journal entries; preparing monthly accruals & entries; analysing; preparing fixed asset and accruals
• Balance daily transfer to Account payable ledgers and post, edit and update to accounts payable maintained under various accounting codes.
• Handle correspondence and queries regarding Credit / Payable ledger accounts
• At month end reconcile all the accounts payable ledgers and pass necessary corrective entries.
• Prepare and input journals for transfer between Creditor & debtor accounts
• Reconciling accounts as well as preparing reports; creating, documenting and posting complex journal entries; recording various inter company transactions and cost allocations.
• Updating track record of company's expenses
• Liaise effectively with the purchase and other Dept and to ensure special account arrangements are in line with their requirements.
• Respond to and resolve account queries Maintain a filing system for account payable records
• Using automated accounting systems for data input and to obtain reports
• Maintains a filing system for account payable records
• Collate suppliers documentation for complete processing
• Ensure all invoices have the appropriate documentation attached and approvals before processing
• Process all invoices and statements with due accounting vouchers.
• Record and process those voucher payables for payments of goods and services
• Maintain clear lines of communication with outside companies to ensure timely and accurate supply of goods and services
• Check arithmetic accuracy, Tax requirements, and invoices and assign general ledger codes as per chart of accounts
• Reconcile accounting of general/entries/ledgers and direct items with the Dept.age-wise analysis of creditors and debtors' balances.
• Record all project related bills and accounting, and other corresponding records.
• Prepare cheque run for approval weekly
• Reconcile supplier statements with establishment records and follow up on any discrepancies
• Prepare the accruals journal at month end for regular suppliers and delivery dockets not paid
• Participate in departmental stock-takes and month end close as appropriate
• Works with Superior on budgeting, MIS and management needs
• Identifying major weaknesses in Accounts payable(AP); assisting in the creation of more streamlined agreements in the case of disputed and overdue payments
• Attending Auditors and Audit queries for timely resolution and reporting to their satisfaction in line with management policy and practices.

Required Skills

• Demonstrated ability to interact with customers, employees and third parties that reflects highly on the hotel, and the Company.
• Proficient in the use of Microsoft Office; Web Prolific /SAP or similar accounting software.
• Problem solving, reasoning, motivating, organizational and training abilities.
• Good writing skills

Qualifications

• Bachelor's degree or Diploma in Accounting, Finance, Business Administration or related field.

Experience

• 2 years accounting experience which included reconciliation, payables, or an equivalent combination of education and work-related experience.

Key Metrics

• Timely completion of assigned tasks/projects
• Timely and up to‑date reports

Interacts with parties and individuals outside the hotel including, but not limited to, current and potential, owning company representatives, suppliers, competitors and other members of the local community.

Immediate Interview Selection & Joining

Those interested job seekers, Feel free to contact us on [phone] & Please send your updated CV on [e-mail]