Accounts Payable Specialist

Epsilon Consultancy; India; On-site; INR 540,000 - 660,000; Full time

Job summary

Epsilon Consultancy in India is seeking an Accounts Payable specialist to manage timely processing and payment of vendor invoices, maintain strong vendor relationships, and support uninterrupted service delivery.

The role involves reviewing and posting invoices in ERP, preparing batches for payment, and reconciling vendor accounts to keep ledgers accurate. The candidate should have strong Excel skills and familiarity with ERP systems.

Qualifications

• Bachelor’s/Master’s degree in Accounting, Finance, Business Administration, or a related field preferred.
• Minimum 23 years of experience in Accounts Payable, Accounting, Bookkeeping, or a similar finance-related role.
• Experience working with ERP systems and accounting software.
• Strong understanding of accounts payable processes, invoice management, and vendor reconciliations.
• Proficiency in Microsoft Excel and other Microsoft Office applications.

Responsibilities

• Ensure the timely processing and payment of vendor invoices, maintaining strong vendor relationships and supporting uninterrupted service delivery.
• Review, process, and post vendor invoices in the ERP system.
• Prepare and batch vendor invoices for payment and process payments following established approval procedures.
• Generate and analyze posted and pending cost reports to identify missing costs, coding errors, or outstanding unpaid invoices.
• Investigate report findings and take corrective action, including obtaining missing invoices, correcting coding discrepancies, and resolving unpaid balances.
• Reconcile vendor accounts by reviewing account histories, processing invoices and credits, and applying payments appropriately to ensure account balances are accurate.
• Investigate and resolve vendor account discrepancies and payment-related issues.
• Maintain current vendor accounts to prevent credit holds and service disruptions.
• Record payment activity accurately to support timely account reconciliation.
• Identify, obtain, and process late or missing invoices to ensure expenses are recorded in the appropriate accounting period.
• Collaborate with internal departments to support operational efficiency and service excellence.
• Recommend process improvements to enhance the efficiency and effectiveness of accounts payable operations.
• Participate in ad hoc accounting and finance projects as required.
• Assist with onboarding and training of new team members.

Skills

Analytical

Problem solving

Attention to detail

Communication

Time management

Independent work

Education

Bachelor’s/Master’s in Accounting

Tools

ERP systems

Accounting software

MS Excel

Job description

Responsibilities

• Ensure the timely processing and payment of vendor invoices, maintaining strong vendor relationships and supporting uninterrupted service delivery.
• Review, process, and post vendor invoices in the ERP system.
• Prepare and batch vendor invoices for payment and process payments following established approval procedures.
• Generate and analyze posted and pending cost reports to identify missing costs, coding errors, or outstanding unpaid invoices.
• Investigate report findings and take corrective action, including obtaining missing invoices, correcting coding discrepancies, and resolving unpaid balances.
• Reconcile vendor accounts by reviewing account histories, processing invoices and credits, and applying payments appropriately to ensure account balances are accurate.
• Investigate and resolve vendor account discrepancies and payment-related issues.
• Maintain current vendor accounts to prevent credit holds and service disruptions.
• Record payment activity accurately to support timely account reconciliation.
• Identify, obtain, and process late or missing invoices to ensure expenses are recorded in the appropriate accounting period.
• Collaborate with internal departments to support operational efficiency and service excellence.
• Recommend process improvements to enhance the efficiency and effectiveness of accounts payable operations.
• Participate in ad hoc accounting and finance projects as required.
• Assist with onboarding and training of new team members.

Requirements

• Bachelor's and/or Masters degree in Accounting, Finance, Business Administration, or a related field preferred.
• Minimum 23 years of experience in Accounts Payable, Accounting, Bookkeeping, or a similar finance-related role.
• Experience working with ERP systems and accounting software.
• Strong understanding of accounts payable processes, invoice management, and vendor reconciliations.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Excellent attention to detail and accuracy in data entry and financial recordkeeping.
• Strong analytical and problem-solving skills with the ability to investigate and resolve discrepancies.
• Must be able to work nights and weekends in India and be flexible with working hours.
• Effective organizational and time-management skills with the ability to manage multiple priorities and meet deadlines.
• Strong verbal and written communication skills with the ability to maintain positive relationships with vendors and internal stakeholders.
• Ability to work independently as well as collaboratively within a team environment.
• Demonstrated commitment to confidentiality and handling sensitive financial information appropriately.
• Experience in a fast-paced, high-volume accounts payable environment is considered an asset.

Salary Range: INR 5.4LPA to INR6.6LPA .