Accounts Payable Specialist

SoGal Ventures; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

SoGal Ventures in Mumbai seeks an experienced Accounts Payable professional to manage end-to-end vendor invoicing and payment cycles. The role emphasizes accuracy in processing invoices, maintaining master files, and ensuring timely payments within approved credit terms.

You will also reconcile statements, handle discrepancies, tax documentation, and prepare AP ageing reports to support financial planning. A strong control mindset and process improvement focus are essential.

Responsibilities

• Review, validate and process vendor invoices with supporting documents.
• Maintain vendor master records with approval workflows.
• Resolve invoice discrepancies, debit notes and vendor queries promptly.
• Prepare payment batches (NEFT/RTGS/Wire/ACH) and ensure timely disbursements per agreed credit terms.
• Reconcile vendor statements and AP ageing.
• Track advances, prepaid expenses and ensure proper settlement and amortization.
• Ensure compliance with accounting standards, internal controls, and company policies.
• Comply with statutory requirements: GST, TDS, WHT, and vendor tax documentation.
• Prepare weekly/monthly AP ageing reports and payment forecasts.
• Identify process gaps and recommend automation/efficiency improvements.

Job description

• Review, validate, and process vendor invoices with complete supporting documents (POs, GRNs, contracts).
• Maintain vendor master records with appropriate approval workflows.
• Resolve invoice discrepancies, debit notes, and vendor queries promptly.
• Prepare payment batches (NEFT/RTGS/Wire/ACH) and ensure timely disbursements per agreed credit terms.
• Reconcile vendor statements and maintain accurate AP ageing.
• Track advances, prepaid expenses, and ensure proper settlement and amortization.
• Ensure compliance with accounting standards, internal controls, and company policies.
• Comply with statutory requirements: GST, TDS, WHT, and vendor tax documentation.
• Prepare weekly/monthly AP ageing reports and payment forecasts.
• Identify process gaps and recommend automation/efficiency improvements.