CMA Qualified- Fresher (Accounts Payable)

TVS Electronics Limited; Chennai District; On-site; INR 300,000 - 450,000; Full time

Job summary

TVS Electronics Limited invites applications for the CMA Qualified- Fresher (Accounts Payable) role in Chennai. The position involves processing domestic and import vendor invoices, verifying against POs/GRNs, ensuring proper GL coding, tax treatment, and timely payments.

As a fresher, you will support month-end closings, MIS reporting, and vendor reconciliations, while adhering to internal controls and SOPs. Training will be provided to develop expertise in AP processes and compliance.

Qualifications

• CMA qualification required; fresher are eligible.

Responsibilities

• Process domestic and import vendor invoices accurately and on time.
• Verify invoices against PO, GRN, contracts and approvals.
• Ensure correct GL coding, cost center allocation and tax treatment.
• Handle PO-based and Non-PO invoices.
• Maintain vendor master records and verify bank details.
• Coordinate with vendors on discrepancies and payment status.
• Support month-end closing and AP accruals.
• Prepare AP ageing and cash flow related reports.

Education

CMA Qualification

Job description

CMA Qualified- Fresher (Accounts Payable)

July 30, 2026

Key Responsibilities

• Process domestic and import vendor invoices accurately and within agreed timelines.
• Verify invoices against Purchase Orders (PO), Goods Receipt Notes (GRN), contracts, and approval workflows.
• Ensure correct GL coding, cost center allocation, and tax treatment.
• Process both PO-based and Non-PO invoices.
• Handle debit notes, credit notes, advance payments, and recurring invoices.
• Create and maintain vendor master records.
• Verify vendor bank details and statutory documents.
• Coordinate with vendors regarding invoice discrepancies and payment status.
• Resolve blocked invoices and unmatched transactions.
• Maintain healthy vendor relationships.

Payment Processing

• Prepare payment proposals as per payment schedules.
• Execute NEFT/RTGS/Bank Transfer payment runs.
• Process employee reimbursements and travel expense claims.
• Monitor advances and vendor settlements.
• Ensure timely payments to avoid penalties while maximizing available credit periods.
• Perform vendor account reconciliations.
• Reconcile AP ledger with General Ledger.
• Investigate ageing balances.
• Clear outstanding debit and credit balances.
• Support balance confirmations during audits.

Taxation & Compliance

• Ensure GST compliance on vendor invoices.
• Verify GSTIN, HSN/SAC, tax rates, and invoice completeness.
• Validate Input Tax Credit (ITC) eligibility.
• Deduct applicable TDS under Income Tax provisions.
• Support GST audits, statutory audits, internal audits, and tax assessments.
• Maintain compliance with company policies and statutory regulations.

Month-End Closing

• Process AP accruals.
• Prepare outstanding liability reports.
• Support monthly, quarterly, and annual financial closing.
• Ensure timely posting of all invoices before period closure.
• Assist Finance Controller in closing activities.

MIS & Reporting

• Generate AP ageing reports.
• Prepare payment forecast reports.
• Vendor outstanding analysis.
• Invoice processing turnaround reports.
• Cash flow support reports.
• KPI reporting for Accounts Payable.

Internal Controls

• Ensure maker-checker controls.
• Maintain proper approval hierarchy.
• Support internal financial controls.
• Ensure compliance with SOPs.
• Maintain proper documentation for audit.

Accounts Payable – Service Procurement Responsibilities (Preferred)

• Process invoices relating to:
  • IT Services
  • Facility Management
  • AMC Contracts
  • Professional Consultancy
  • HR Services
  • Marketing Agencies
  • Legal Services
  • Utility Bills
• Validate service completion before payment.
• Verify contractual pricing and tax compliance.

Key Performance Indicators (KPIs)

• Invoice processing accuracy
• Payment turnaround time
• Vendor reconciliation completion
• AP ageing