PF Projects (A/c Bill Passing)

UltraTech Cement; Uttar Pradesh; On-site; INR 350,000 - 650,000; Full time

Job summary

UltraTech Cement in Uttar Pradesh seeks an experienced accounts payable professional to manage end-to-end vendor invoice processing and payment requests. The role involves validating invoices against POs and contracts, ensuring GST compliance, and timely booking in ERP systems.

You will maintain reconciliation schedules, perform vendor account reconciliations, and coordinate with internal teams to resolve issues while upholding internal controls and approval matrices.

Responsibilities

• Oversee end-to-end processing of vendor invoices and payment requests.
• Validate invoices against purchase orders, contracts, and approved service entries.
• Monitor timely booking of vendor invoices in ERP systems.
• Verify GST compliance, statutory requirements, and supporting documentation before processing.
• Ensure adherence to company policies and approval matrices.
• Conduct periodic vendor account reconciliations and resolve discrepancies.
• Coordinate with vendors and internal stakeholders to clear outstanding issues.
• Maintain reconciliation schedules and ageing reports.
• Review vendor payment proposals and due schedules; ensure timely releases of payments.

Job description

Principal Accountabilities

• Oversee end-to-end processing of vendor invoices and payment requests.
• Ensure invoices are validated against purchase orders, contracts, and approved service entries.
• Monitor timely booking of vendor invoices in ERP systems.
• Verify GST compliance, statutory requirements, and supporting documentation before processing.
• Ensure adherence to company policies and approval matrices.
• Identify and resolve discrepancies related to invoices, payments, debit notes, credit notes, and advances.
• Coordinate with vendors and internal stakeholders to clear outstanding issues.
• Maintain reconciliation schedules and ageing reports.

Principal Accountabilities

• Oversee end-to-end processing of vendor invoices and payment requests.
• Ensure invoices are validated against purchase orders, contracts, and approved service entries.
• Monitor timely booking of vendor invoices in ERP systems.
• Verify GST compliance, statutory requirements, and supporting documentation before processing.
• Ensure adherence to company policies and approval matrices.
• Conduct periodic vendor account reconciliations.
• Identify and resolve discrepancies related to invoices, payments, debit notes, credit notes, and advances.
• Coordinate with vendors and internal stakeholders to clear outstanding issues.
• Maintain reconciliation schedules and ageing reports.

Supporting Actions

• Review vendor payment proposals and due schedules.
• Ensure timely release of payments as per agreed terms.
• Monitor advances, retention amounts, and outstanding liabilities.
• Support treasury and finance teams in payment planning.
• Act as the primary point of contact for vendor payment-related queries.
• Coordinate with Procurement, Commercial, Accounts Payable, and Business Teams.
• Build and maintain strong relationships with key vendors.
• Resolve escalations related to delayed payments and reconciliation disputes.
• Ensure compliance with GST, TDS, accounting standards, and internal financial controls.
• Support internal and statutory audits by providing required documentation and reconciliations.
• Monitor adherence to SOPs and process controls.
• Identify financial and compliance risks and recommend corrective actions.
• Drive automation initiatives in invoice processing and reconciliation.
• Improve process efficiency, turnaround time, and accuracy.
• Develop MIS reports and dashboards for management review.
• Implement best practices for accounts payable and vendor management.