Senior Executive-AP

r3 Consultant; Mumbai; On-site; INR 600,000 - 800,000; Full time

Job summary

A consulting firm is seeking a Senior Executive for Accounts Payable in Mumbai. This role demands a minimum of 5-6 years of relevant experience, preferably in the insurance broking industry. The ideal candidate should be proficient in Tally and Excel, with strong knowledge of TDS and GST regulations. The Executive will be responsible for managing vendor payments, ensuring accuracy in invoice processing, and maintaining detailed financial records. Strong attention to detail and excellent communication skills are essential.

Qualifications

• Minimum 5-6 years of experience in Accounts Payable.
• Experience in the insurance broking or insurance company is preferable.
• Any Tally or accounting package Certification is required.

Responsibilities

• Handle all Payables on a timely & accurate manner.
• Invoice booking and processing vendor invoices in the accounting system.
• Ensure timely and accurate approval for invoice processing.
• Maintain vendor accounts and resolve discrepancies.

Skills

TDS

GST

Vendor Ledger Scrutiny

Excel Proficiency

Education

B Com / MCOM / MBA Finance

Tools

Tally ERP

Tally Prime

Job description

Senior Executive - Accounts Payable

Function / Vertical: Accounts Payable including statutory Payments

Reporting to: Chief Manager Finance and Accounts, Location Mumbai (Powai)

Educational Qualification: B Com / MCOM/ MBA Finance

Additional Qualification: Any Tally or accounting package Certification

Specialization: TDS, GST, Bank Reconciliation, Vendor Ledger Scrutiny.

Industry Type: Any industry (Insurance Broking added Advantage)

Roles And Responsibilities

• Handle all Payables on a timely & accurate manner.
• Vetting KYC of all vendors, ensuring all important terms are stipulated to protect our interests & in compliance related to MSME.
• Invoice Booking: Accurately record and process vendor invoices in the accounting system.
• Match invoices with Purchase Orders (PO) and Goods Receipt Notes (GRN) where applicable.
• Ensure timely and accurate approval for invoice processing.
• Vendor Management: Maintain vendor accounts and resolve any discrepancies or queries.
• Coordinate with vendors for statement reconciliation.
• Manage communication related to payment timelines and updates.
• Registration & monitoring of all utilities payments in a timely manner.
• Responsible for all credit card payments, branch expenses payments, staff reimbursement in a timely manner.
• Regular updating of TDS and GST software for Input Credit of GST.
• Maintenance of all in‑house records (physical and/or digital) such as invoices, delivery challans, tax documents.
• Maintenance of creditors ageing and publishing the status of the same.
• Present monthly detailed review of all aspects of payables.
• Relevant experience: Preferably worked in Accounts Payable department of insurance broking or insurance company.
• Number of years of experience: Minimum 5-6 years.

Technical Competencies

• Experience with Microsoft Outlook, Word, Excel, PowerPoint, Tally ERP, Tally Prime.
• Proficiency in Excel is an essential requirement.

Behavioural Competencies

• Eye for detail, updated with latest guidelines, deadline oriented, methodical, self‑driven, solution oriented, can work independently, good written and verbal English communication skill.