Executive - Accounts Payable

Nestavia Home Finance; Chennai District; On-site; INR 350,000 - 600,000; Full time

Job summary

Nestavia Home Finance is seeking an experienced Accounts Payable Executive to join the Finance & Accounts team in Chennai. You will manage vendor invoices, payments, and reconciliations while ensuring compliance with company policies and financial controls.

The role requires 2–5 years in AP, strong MS Excel and ERP skills, and attention to detail to ensure timely processing and accurate reporting. It is a full-time on-site position at Perungudi, Chennai.

Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, or a related field.
• 2–5 years of experience in Accounts Payable / Finance & Accounts, preferably in an NBFC, Banking, or Financial Services environment.
• Good knowledge of GST, TDS, invoice processing, vendor reconciliation, and payment processes.
• Strong understanding of accounting principles and financial controls.
• Hands-on experience with MS Excel and accounting/ERP systems.
• Good analytical and reconciliation skills.
• Strong attention to detail and accuracy.
• Good communication and coordination skills.
• Ability to manage multiple transactions and meet strict deadlines.

Responsibilities

• Process and verify vendor invoices, bills, and payment requests accurately and within defined timelines.
• Ensure proper invoice validation, accounting, approval, and documentation.
• Perform vendor ledger reconciliation and resolve discrepancies with vendors and internal teams.
• Manage employee reimbursements and business-related expenses.
• Prepare and process vendor payments through banking channels after obtaining required approvals.
• Coordinate with vendors, branches, and internal departments regarding invoices, payments, and outstanding balances.
• Monitor accounts payable ageing and ensure timely settlement of outstanding liabilities.
• Assist in monthly closing activities, including accruals, provisions, and expense reconciliation.
• Support internal, statutory, and regulatory audit requirements by providing necessary documents and schedules.
• Ensure adherence to NBFC accounting policies, internal controls, and SOPs.
• Identify and resolve duplicate invoices, payment discrepancies, and other AP-related issues.
• Prepare regular MIS reports related to payables, expenses, vendor balances, and payments.

Education

Bachelor's degree in Commerce, Finance, Accounting, or a related field

Tools

MS Excel

Accounting/ERP systems

Job description

Job Title Executive- Accounts Payable

Department: Finance & Accounts
Industry: NBFC
Experience: 2 - 5 Years
Location: Perungudi, Chennai
Employment Type: Full-Time

Job Summary

We are looking for an experienced Accounts Payable Executive to join our Finance & Accounts team. The candidate will be responsible for managing vendor invoices, payments, reconciliations, expense accounting, and ensuring timely and accurate processing of accounts payable transactions in compliance with company policies and financial controls.

Key Responsibilities

• Process and verify vendor invoices, bills, and payment requests accurately and within defined timelines.
• Ensure proper invoice validation, accounting, approval, and documentation.
• Perform vendor ledger reconciliation and resolve discrepancies with vendors and internal teams.
• Manage employee reimbursements and business-related expenses.
• Prepare and process vendor payments through banking channels after obtaining required approvals.
• Coordinate with vendors, branches, and internal departments regarding invoices, payments, and outstanding balances.
• Monitor accounts payable ageing and ensure timely settlement of outstanding liabilities.
• Assist in monthly closing activities, including accruals, provisions, and expense reconciliation.
• Support internal, statutory, and regulatory audit requirements by providing necessary documents and schedules.
• Ensure adherence to NBFC accounting policies, internal controls, and SOPs.
• Identify and resolve duplicate invoices, payment discrepancies, and other AP-related issues.
• Prepare regular MIS reports related to payables, expenses, vendor balances, and payments.

Required Skills & Qualifications

• Bachelors degree in Commerce, Finance, Accounting, or a related field.
• 2–5 years of experience in Accounts Payable / Finance & Accounts, preferably in an NBFC, Banking, or Financial Services environment.
• Good knowledge of GST, TDS, invoice processing, vendor reconciliation, and payment processes.
• Strong understanding of accounting principles and financial controls.
• Hands-on experience with MS Excel and accounting/ERP systems.
• Good analytical and reconciliation skills.
• Strong attention to detail and accuracy.
• Good communication and coordination skills.
• Ability to manage multiple transactions and meet strict deadlines.