Accounts Payable Executive

Education: B. Com,M.Com,MBA Finance

Location : Malad West (Kanchpada)

Role : Accounts Payable Executive

Salary – 4 to 5.5 lacs CTC

We are looking for a detail-oriented and responsible Accounts Payable Executive to manage and process supplier/vendor invoices, ensure timely payments, and maintain accurate financial records in line with internal controls and regulatory requirements.

Key Responsibilities:

• Invoice Processing:

• Review and verify invoices and supporting documentation.

• Match invoices with purchase orders and delivery receipts (3-way matching).

• Code and enter invoices into the accounting system accurately and on time.

• Payments:

• Schedule and prepare payment runs (cheques, bank transfers, online payments).

• Ensure timely payments to vendors while optimizing cash flow.

• Handle employee expense claims and reimbursements.

• Reconciliation:

• Reconcile accounts payable transactions and resolve discrepancies.

• Maintain vendor account reconciliations and aging reports.

• Assist with monthly closing and reporting related to payables.

• Vendor Management:

• Communicate with vendors regarding payment inquiries and resolve any issues.

• Maintain an updated database of vendor information and payment terms.

• Support onboarding of new suppliers and ensure compliance with procurement policies.

• Compliance & Documentation:

• Ensure adherence to internal controls, accounting policies, and audit requirements.

• Maintain organized records of all payable documents for audit and compliance.

• Assist auditors and provide documentation as required.

• Reporting & Analysis:

• Prepare and analyze accounts payable reports as requested.

• Support forecasting and budgeting processes with accurate payable data.