Accounts Payable Executive

Rajnish Luniya; Mumbai City; Presencial; INR 450 000 - 750 000; Tempo integral

Resumo da oferta

Rajnish Luniya in Mumbai is seeking an experienced Accounts Payable specialist to manage high-volume invoice processing and ensure GST/TDS compliance. You will follow DOA, process PO/Non-PO invoices, and perform vendor reconciliations end-to-end.

The role requires strong MS Excel skills, knowledge of MSME provisions, and the ability to coordinate with business users to resolve invoice queries while ensuring timely monthly closures.

Qualificações

• Strong knowledge of accounting entries.
• Ability to apply TDS and GST provisions correctly.
• Understanding of Reverse Charge Mechanism (RCM) under GST.
• Adjustment of advances and compliance with PO terms.
• Knowledge of eligible and ineligible GST credits.

Responsabilidades

• Follow three-way matching in Accounts Payable.
• Process PO and NonPO invoices for materials, services, and advance payments.
• Ensure compliance with DOA for approvals and adhere to payment terms as per PO/LOA.
• Perform vendor account reconciliations.
• Prepare and maintain MIS reports for Accounts Payable.
• Prepare and follow up on weekly Hold Reports with business users.
• Ensure monthly closure of pending GR/IR.
• Settle advances and follow up with business users for invoice submissions where work/services have been completed.
• Ensure compliance and accuracy related to GST, TDS, and accounting standards, including passing correction entries where required.
• Process MSME vendor invoices on a timely basis and ensure no penal interest is incurred due to delays.
• Proactively follow up with internal stakeholders/endusers to resolve invoice-related queries.
• Maintain a structured communication log to track query status, resolution timelines, and recurring issues.
• Handle highvolume invoice processing, with a target of 80100+ invoices per day through VIM.

Conhecimentos

Accounting entries

GST/TDS

RCM GST

MS Excel

MSME provisions

Vendor reconciliations

PO/Non-PO invoicing

DOA

High-volume invoicing

Formação académica

BCOM / MCOM

Ferramentas

MS Excel

Descrição da oferta de emprego

Responsibilities

• Follow threeway matching in Accounts Payable.
• Process PO and NonPO invoices for materials, services, and advance payments.
• Ensure compliance with DOA (Delegation of Authority) for approvals and adhere to payment terms as per PO/LOA.
• Perform vendor account reconciliations.
• Prepare and maintain MIS reports for Accounts Payable.
• Prepare and follow up on weekly Hold Reports with business users.
• Ensure monthly closure of pending GR/IR.
• Settle advances and follow up with business users for invoice submissions where work/services have been completed.
• Ensure compliance and accuracy related to GST, TDS, and accounting standards, including passing correction entries where required.
• Process MSME vendor invoices on a timely basis and ensure no penal interest is incurred due to delays.
• Proactively follow up with internal stakeholders/endusers to resolve invoice-related queries.
• Maintain a structured communication log to track query status, resolution timelines, and recurring issues.
• Handle highvolume invoice processing, with a target of 80100+ invoices per day through VIM.

Desired profile of the candidate

• Strong knowledge of accounting entries.
• Ability to apply TDS and GST provisions correctly.
• Understanding of Reverse Charge Mechanism (RCM) under GST.
• Adjustment of advances and compliance with PO terms, including retentions, liquidated damages, and bank guarantees.
• Knowledge of eligible and ineligible GST credits and validation of vendor invoices.
• Proficiency in MS Excel for reconciliations and payment workings.
• Understanding of MSME provisions and implications of noncompliance with MSME regulations.

Education

• BCOM/ MCOM