Analyst, Accounts Payable

Magnit, Inc.; Vadodara; On-site; INR 350,000 - 500,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Retirement planning

Employee discounts and perks

Charity matching and volunteering

Job summary

Magnit, Inc. in Vadodara seeks an Accounts Payable Specialist to handle invoice processing, payment runs, and reconciliations. You will ensure accuracy, meet deadlines, and support month-end close while adhering to internal controls.

The role emphasizes organization, reliability, and adaptability in a growing company with domestic and international expansion. The position requires 0–2 years of AP experience, a Bachelor’s degree, and strong MS Office skills.

Qualifications

• Bachelor’s degree in any field or similar is recommended.
• 0–2 years’ experience performing full cycle Accounts Payable functions.
• Ability to manage multiple priorities with tight deadlines in a fast-paced environment.
• Excellent interpersonal and communication skills.
• Experience with multi-company organization and data processing.

Responsibilities

• Process supplier invoices accurately within defined SLAs.
• Process payment runs and support reconciliation activities.
• Review and release supplier invoices end-to-end.
• Research and resolve discrepancies with supplier invoices.
• Send forecast details to treasury in a timely manner.
• Perform bank reconciliation.
• Work with colleagues to ensure timely invoice processing per policy.
• Support month-end and year-end closings including accruals and AP reconciliations.
• Respond to supplier inquiries and other stakeholders.
• Monitor invoice ageing and ensure timely payments.
• Test ERP system enhancements with IT before changes.

Skills

Attention to detail

Time management

Communication skills

Multi-company experience

Microsoft Excel

Microsoft Word

Microsoft Outlook

Education

Bachelor’s degree

Tools

Microsoft Excel

Outlook

Word

Job description

Posted Wednesday, July 15, 2026 at 12:30 AM

Position Summary

This position will be working in the Vadodara office. The Accounts Payable Specialist will be responsible for processing accounts payable invoices for payment, including but not limited to, voucher entry, payment review, and account coding. It is essential that the Accounts Payable Specialist have a clear understanding of the total accounts payable process. The candidate must be organized, accountable, detail-oriented, and adaptable to ensure deadlines are met timely and with a high degree of accuracy. This is a great opportunity for a hard‑working, career‑minded accounting professional who is motivated by new opportunities and challenges as the Company expands both domestically and internationally.

Responsibilities

• Process supplier invoices accurately and within defined SLAs.
• Process payment runs and support payment reconciliation activities.
• Review and release supplier invoices end-to-end.
• Research and resolve discrepancies with the supplier invoices.
• Send forecast details to treasury timely.
• Perform bank reconciliation.
• Work closely with individuals at all levels of the Company to ensure timely and appropriate processing of invoices and payments in accordance with Company policies and procedures.
• Support month‑end and year‑end closing activities, including accruals and AP reconciliations.
• Research and respond to supplier inquiries or other stakeholders.
• Monitor invoice ageing and ensure timely payment to suppliers.
• Manage void and re‑issue payments timely to close month‑end smoothly.
• Maintain process documentation and standard operating procedures (SOPs).
• Ensure compliance with internal controls, audit standards, and company policies.
• Assist with ad hoc special projects.
• Work with IT to test system enhancements prior to implementing changes in ERP.

Minimum Qualifications

• Bachelor’s degree in any field or similar field of study is recommended.
• 0‑2 years’ experience performing full cycle Accounts Payable functions.
• Ability to follow instructions for multiple projects with competing priorities and tight deadlines in a fast‑paced environment.
• Excellent interpersonal and communication skills.
• Experience with multi‑company organization.
• Strong attention to detail, time management, and organizational skills.
• Ability to understand and process high volumes of data.
• Proficiency with Microsoft Office software (Excel, Word, Outlook, etc.).
• Basic understanding of debits and credits.
• Willingness to learn.
• Flexibility with shift timings.

Benefits

Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!

As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.