Accounts Payable & Receivable Executive -Andheri East

Role Summary

We are looking for a detail-oriented Accounts Payable & Receivable Executive to manage the day-to-day finance operations of the company. You will own the end-to-end payables and receivables cycle, from vendor invoice processing and payments to customer billing and collections, while ensuring accuracy, statutory compliance and timely reporting.

Key ResponsibilitiesAccounts Payable

• Verify, code and process vendor invoices with proper three-way matching (PO, GRN, invoice).
• Prepare and execute vendor payments on schedule via NEFT/RTGS/UPI and other banking channels, after required approvals.
• Maintain vendor master data, including bank details, GST and PAN, and ensure KYC and documentation are complete.
• Reconcile vendor statements with the books and resolve discrepancies or disputes promptly.
• Track payment due dates, manage the payment calendar and avoid late payment penalties.
• Ensure correct TDS deduction, GST input credit eligibility and timely deposit of statutory dues.
• Process employee expense claims and petty cash, where applicable.

Accounts Receivable

• Prepare and issue customer invoices, credit notes and debit notes accurately and on time.
• Monitor outstanding receivables, maintain ageing reports and follow up with customers for timely collections.
• Perform cash application: match receipts to invoices and update the ledgers.
• Coordinate with sales and operations teams to resolve billing queries and disputes.
• Escalate overdue and doubtful accounts to management with recommended actions.
• Reconcile customer ledgers and share account statements and balance confirmations.

Operations & Monitoring

• Post daily accounting entries in the ERP/accounting software (Tally, Zoho Books, SAP or similar).
• Perform bank reconciliations (daily/weekly/monthly) and clear reconciling items.
• Monitor cash flow, payment schedules and receivable inflows; provide regular cash position updates.
• Prepare MIS reports: payables ageing, receivables ageing, vendor outstanding, DSO and collection summaries.
• Support month-end and year-end closing, including provisions, accruals and ledger scrutiny.
• Assist with GST, TDS and other statutory filings and coordinate with external CAs and auditors.
• Support internal and statutory audits by providing documents and clarifications.
• Improve and document AP/AR processes and internal controls.

Required Qualifications & Skills

• B.Com / M.Com or equivalent; CA Inter, MBA (Finance) or similar is a plus.
• 4–15 years of experience in accounts payable, accounts receivable or general accounting.
• Working knowledge of GST, TDS and basic Indian accounting and taxation norms.
• Proficiency in Tally / Zoho Books / SAP or similar accounting software.
• Strong Excel skills (VLOOKUP/XLOOKUP, pivot tables, reconciliations).
• Good understanding of banking operations and online payment processes.
• Strong attention to detail, with good analytical and numerical ability.
• Clear communication skills for dealing with vendors, customers and internal teams.
• Ability to manage deadlines and work with minimal supervision.

Preferred Attributes

• Experience handling a high volume of vendor payments and collections.
• Exposure to ERP systems and automation of finance workflows.
• High integrity and discretion in handling confidential financial information.
• Proactive, ownership-driven approach to problem solving.

Key Performance Indicators

• Timeliness and accuracy of vendor payments
• Reduction in overdue receivables and DSO
• Accuracy of reconciliations and month-end closing timelines
• Zero statutory penalties or late filings
• Quality and timeliness of MIS reporting