Accounts Payable - US Shift

usemultiplier.com; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

usemultiplier.com is seeking an experienced Accounts Payable Specialist to join our finance team in Bengaluru. You will manage end-to-end AP processes, ensure timely payments, and collaborate with payroll and banking partners to streamline cross-border transactions.

Ideal candidates have 5+ years in accounts payable, strong Netsuite proficiency, and a solid grasp of GAAP. You’ll work remotely at times but primarily support India operations with meticulous data handling and reporting.

Qualifications

• Bachelor's degree in Accounting or related field.
• Minimum 5 years of AP or finance experience.
• Experience with payments and general ledger.
• Proficient in Netsuite for AP and payroll processing.
• Payroll processing in Netsuite experience preferred.
• Strong accounting knowledge and data interpretation.
• Excellent English communication and remote collaboration skills.
• Strong organizational and detail-oriented work style.

Responsibilities

• Handle end-to-end AP processes including vendor invoices and payments.
• Ensure FX handling and global transaction accounting.
• Collaborate with payroll to ensure accurate employee payments.
• Maintain records across multiple bank accounts.
• Generate AP and payroll related reports and insights.
• Support audits and ensure regulatory compliance.

Skills

Accounts Payable

Financial Analysis

Attention to Detail

Time Management

English Proficiency

Cross-functional Collaboration

Education

Bachelor's degree in Accounting or related field

Tools

Netsuite

Job description

About Job

As an Accounts Payable Specialist you will contribute to our mission of revolutionizing the HR industry with cutting-edge solutions. As an integral part of our accounting team, you will play a crucial role in managing our accounts payable processes and ensuring accurate and timely payment processing.

What You’ll Do

• Handle end-to-end accounts payable processes, including vendor invoice processing, verification, and payment issuance for all regions (India time zone).
• Ensure that foreign exchange is incorporated and account for in moving transactions globally.
• Partner with the payroll team to ensure accurate payments to supported employees.
• Work with banking partners to ensure efficient relationships and rails are made for executing payments.
• Maintaining accurate financial records and reports across multiple bank accounts.
• Execute payments based on defined SLAs and metrics as it relates to paying members in countries where jurisdictionally compliant.
• On-time funding receipt.
• On-time payments to members.
• On-time payments to statutory bodies.
• Accurate payments to members.
• Accurate payments to statutory bodies.
• Accurate payments to third party vendors.
• Maintain accurate records of all accounts payable transactions, ensuring compliance with company policies and financial regulations.
• Resolve discrepancies and issues related to invoices and payments, both internally and externally.
• Build and maintain strong relationships with vendors, addressing inquiries, and resolving payment-related concerns promptly and professionally.
• Collaborate with internal stakeholders to ensure smooth communication with vendors and effective resolution of payment-related matters.
• Process employee expense reimbursements in a timely and accurate manner, ensuring adherence to company policies and expense guidelines.
• Leverage your expertise in Netsuite to efficiently manage payroll payment processing, ensuring employees receive accurate and timely compensation.
• Collaborate with the HR team to validate payroll data and resolve any discrepancies in payroll-related transactions.
• Utilize your experience in the general ledger to ensure proper coding and allocation of accounts payable transactions.
• Reconcile accounts payable balances with the general ledger and investigate and resolve any discrepancies.
• Assist in generating relevant financial reports related to accounts payable and payroll activities.
• Provide insights and analysis on accounts payable trends, payment patterns, and potential areas for improvement.
• Support the finance team in preparing for internal and external audits related to accounts payable and payroll processes.
• Ensure adherence to accounting standards and regulations in all accounts payable operations.

Skills & Qualification

• A Bachelor's degree in Accounting or a related field, or equivalent combination of education and experience.
• Minimum 5 years of relevant work experience in accounts payable or finance roles.
• Experience with accounting in payments and general ledger.
• Demonstrated proficiency in using Netsuite for accounts payable and payroll processing.
• Preferably, at least 3 years of hands-on experience in payroll payment processing within Netsuite.
• Strong understanding of accounting principles and practices.
• Ability to analyze financial data and interpret reports.
• Meticulous attention to detail, ensuring accuracy in payment processing and data management.
• Fluent in English with excellent communication and interpersonal skills, capable of building strong relationships remotely.
• Ability to collaborate effectively with cross-functional teams and external vendors.
• Proven ability to identify issues, propose solutions, and implement process improvements.
• Strong organizational skills to manage multiple tasks and prioritize deadlines effectively.