Accounts Payable Executive

Solino International; Mumbai, Vasai-Virar; On-site; INR 6,00,000 - 8,00,000; Full time

Job summary

A leading financial services company in Mumbai is seeking a detail-oriented Accounts Payable Executive. The ideal candidate will manage vendor payment processes, ensure compliance, and support the finance function. Responsibilities include processing invoices, maintaining financial records, and building strong supplier relationships. A bachelor's degree in Accounting and 5+ years of relevant experience are required. Experience with SAP software is preferred.

Qualifications

• 5+ years of experience in accounts payable or related financial role.
• Proficiency in accounting software.
• Strong understanding of accounting principles.

Responsibilities

• Processing invoices and entering payment details into accounting systems.
• Maintaining accurate financial records and managing vendor payments.
• Collaborating to streamline financial operations.

Skills

Attention to detail

Analytical ability

Problem-solving skills

Effective communication

Interpersonal skills

Education

Bachelor's degree in Accounting, Finance, or Commerce

Tools

SAP

Job description

About the Role

We are seeking a detail oriented and reliable Accounts Payable Executive to manage our vendor payment processes, guarantee compliance, and support the finance function. The ideal candidate will ensure accurate invoice processing, timely payments, and excellent vendor relationships, supporting the company's operational efficiency and financial integrity.

Key Responsibilities

• Processing invoices, verifying their accuracy, and entering payment details into accounting systems
• Maintaining accurate financial records and managing payment cycles for all vendors
• Reconciling accounts payable transactions and resolving outstanding discrepancies
• Handling vendor inquiries, building strong supplier relationships, and negotiating payment terms when required
• Collaborating with internal departments to streamline financial operations
• Supporting month-end and year-end closing activities, including AP accruals and reporting
• Ensuring compliance with company policies, internal controls, and applicable regulations
• Generating summary reports for management on payment status, overdue payables, and vendor performance

Required Skills and Qualifications

• Bachelors degree in Accounting, Finance, or Commerce
• 5+ years of experience in accounts payable or related financial role
• Proficiency in accounting software (SAP etc.).
• Strong understanding of accounting principles, expense tracking, and payment reconciliation
• Excellent attention to detail, accuracy, and organizational skills
• Analytical and problem-solving ability
• Effective communication and interpersonal skills for cross-team and vendor interactions
• Ability to manage confidential financial data and handle high transaction volumes efficiently

Desired Attributes

• Honest and hard-working, demonstrating integrity, reliability, and dedication to tasks.
• Strong attention to detail and accuracy in data handling and record-keeping.
• Excellent communication and interpersonal skills for effective coordination with vendors and internal teams.
• Proficiency in relevant accounting or inventory management software such as SAP.
• Good organizational and time management skills, with the ability to prioritize and meet deadlines consistently.
• Analytical mindset for problem-solving and process improvement.
• Ability to handle confidential financial or inventory information responsibly.