Executive Accounts

DHL Germany; Mumbai; On-site; INR 5,00,000 - 7,00,000; Full time

Job summary

A global logistics company located in Mumbai is seeking a candidate for accounts payable activities. Responsibilities include ensuring compliance with accounting guidelines, processing payments, and managing vendor relations. The ideal candidate will have experience in verifying invoices and performing bank reconciliations. Timely execution and communication with teams are crucial for this role.

Responsibilities

• Execute accounts payable activities adhering to accounting guidelines.
• Raise vendor codes for payment processing as per contract terms.
• Process payments with verification of compliance with vendor codes.
• Verify vendor invoices generated and rectify defective invoicing.
• Review vendor credit periods and process transactions accordingly.
• Ensure timely processing of cash payments with HO coordination.
• Perform daily bank reconciliation and account for charges.
• Investigate reasons for payment execution or rejection.
• Support octroi reconciliation and ensure timely statutory payments.
• Prepare and submit required MIS to superior or HO team.

Job description

Key Responsibilities

• Responsible for execution of accounts payable activities in adherence to defined accounting guidelines, practices and standard operating procedures to ensure accounting efficiency at regions
• Actively raise vendor codes for the processing of payments as per the terms of contract and guidelines from HO, also ensure payment processing only on verification of compliance with vendor codes
• Execution ofbill processing and detailed verification of vendor invoices generated for the services availed and ensure rectification of the invoice for defective invoicing and follow up with the buyer on a periodic basis for the corrected invoice within prescribed time limits
• Responsible for payment processing on verification of the bills / invoices / vouchers etc. after determining relevant tax liability and statutory deductions
• Review the credit period of vendors on a regular basis and process transactions as per the applicable credit period after due validation from the HO team
• Responsible for timely processing of cash payments in coordination with HO teams
• Execute bank reconciliation and account for bank charges on a daily basis
• Check whether the payment is executed / rejected by the bank and find out the reason for rejection of payment, if any
• Support octroi reconciliation activities and ensure all octroi and statutory payments are made within defined timelines for the region
• Prepare and submit MIS as required by the superior / HO Team