Sr. Executive - Finance & Accounts (Accounts Payable) New

NetVerks Inc.; India; On-site; INR 600,000 - 800,000; Full time

Job summary

ixigo is seeking a detail-oriented Accounts Payable & Reconciliation professional to manage day-to-day vendor and business payments, invoice processing, and reconciliations. The role requires strong accounting fundamentals and familiarity with Indian statutory compliance (TDS, GST).

You will collaborate with internal stakeholders, vendors, and banking partners to ensure timely and compliant processing of transactions.

Qualifications

• Strong understanding of accounting principles and Indian statutory compliance (TDS, GST).
• Experience with online transaction processing, including foreign payments and statutory payments (GST / TCS / TDS).
• Ability to manage large volumes of financial data with accuracy in reconciliation tasks.
• Advanced MS Excel, including Power Query and VBA, for data manipulation and reporting.
• Strong verbal and written communication with multiple stakeholders.
• Ability to manage multiple priorities independently and meet tight timelines.

Responsibilities

• Vendor & Business Payments: Initiate daily bank payment requests and ensure timely execution.
• Vendor Invoice Processing: Process invoices accurately, ensuring GST/TDS compliance.
• Reconciliations: Bank, inter-company, and vendor reconciliations with timely closure of line items.
• Corporate Credit Card Transactions: Review and follow up with cardholders for invoices.
• Employee Reimbursements: Review and process reimbursements weekly per policy.
• Foreign Transactions: Review remittance documentation and ensure regulatory compliance.
• Issue Resolution: Identify discrepancies and coordinate with stakeholders to resolve.
• Management Reporting: Prepare reports on Trade Payables, Advances, and reconciliation status.
• Monthly Closing & Audit Support: Support timely monthly closings and audit schedules.
• Process Improvement & Automation: Seek opportunities to automate reconciliation and reporting.
• Data & ISMS: Safeguard sensitive company data and report security incidents.

Skills

Accounting principles

TDS GST compliance

Excel Power Query VBA

Data reconciliation

Stakeholder communication

Multitasking & deadlines

Tools

Microsoft Dynamics 365 Business Central

Power Automate

Scripting (VBA)

Job description

Launched in 2007 by Aloke Bajpai & Rajnish Kumar, ixigo (Le Travenues Technology Limited) is a technology company focused on empowering Indian travellers to plan, book and manage their trips across rail, air, buses and hotels. ixigo assists travellers in making smarter travel decisions by leveraging artificial intelligence. The ixigo, ConfirmTkt and AbhiBus apps allow travellers to book train tickets, flight tickets, bus tickets, hotels, and cabs, and provide travel utility tools and services developed using in-house proprietary algorithms and crowd-sourced information. With over 54 crore Annual Active Users in Fiscal 2025, ixigo is the leading OTA for Next Billion Users in India. For more information, please visit http://www.ixigo.com

About the Role

We are looking for a detail-oriented Accounts Payable & Reconciliation professional to manage day-to-day vendor and business payments, invoice processing, and reconciliations. The role calls for strong accounting fundamentals, familiarity with Indian statutory compliance (TDS, GST), and the ability to work accurately with high volumes of financial data. You will collaborate closely with internal stakeholders, vendors, and banking partners to ensure timely and compliant processing of transactions.

Key Responsibilities

• Vendor & Business Payments: Initiate daily bank payment requests received from various stakeholders and ensure timely execution.
• Vendor Invoice Processing: Process vendor invoices received from different departments accurately, ensuring compliance with applicable statutory requirements such as TDS and GST.
• Reconciliations: Perform bank, inter-company, and vendor reconciliations, and ensure open line items are closed on a timely basis.
• Corporate Credit Card Transactions: Review corporate credit card transactions and follow up with cardholders to obtain the supporting invoices and documentation.
• Employee Reimbursements: Review and process employee reimbursement claims on a weekly basis in line with company policy.
• Foreign Transactions: Review foreign payment documentation and initiate remittances through the bank in compliance with regulatory requirements.
• Issue Resolution: Identify discrepancies in invoices and reconciliation items, and coordinate with relevant stakeholders to resolve them promptly.
• Management Reporting: Prepare periodic reports for management (Trade Payables, Advances, and reconciliation status), summarizing the reconciliation process, discrepancies, and resolutions.
• Monthly Closing & Audit Support: Ensure timely completion of monthly closing activities and audit schedules, working proactively to avoid negative findings or observations.
• Process Improvement & Automation: Continuously identify opportunities to automate and streamline reconciliation and reporting tasks to improve efficiency and accuracy.
• Responsible for safeguarding sensitive company data against unauthorized access, use, or disclosure, and for reporting any suspected security incidents in line with the organization's ISMS (Information Security Management System) policies and procedures.

Requirements

Qualifications

• Strong understanding of accounting principles and Indian statutory compliance, including TDS, WHT, and GST.
• Working knowledge of online transaction processing, including foreign payments and statutory payments (GST / TCS / TDS).
• Proven ability to work with large volumes of financial data while maintaining accuracy in reconciliation tasks.
• Advanced proficiency in MS Excel, including Power Query and VBA, for data manipulation and reporting.
• Strong verbal and written communication skills, with the ability to engage effectively with multiple stakeholders.
• Ability to manage multiple priorities independently and deliver within tight timelines.

Preferred / Added Advantage

• Hands-on experience with Microsoft Dynamics 365 Business Central, particularly in financial and AP-related processes.
• Exposure to automation tools such as Power Automate and scripting for finance workflows.