Job Title: Associate – Accounts Payable

Function: Finance

Location: Mohali

Reports to position: Sr. Associate - Finance

Band: A4

Job Purpose

The Accounts Payable Associate will be working on transactional level operations of AP processes, including employee claims, employee advances, vendor invoice processing, payments and vendor reconciliations. The role demands hands on experience on AP invoice processing, reconciliations, posting entries, data processing and attending to internal and external stakeholders’ queries.

Job Outline

At ISB, Finance plays a key role in controlling and managing the financials of the institute. The department also manages all the legal matters as well as all aspects related to statutory compliances.

The jobholder as Associate - Finance & Accounts reports to the Sr. Associate and performs a set of responsibilities – mainly related to vendor invoice processing, payments, vendor reconciliations, employee reimbursements, support monthly AP books closures, statutory compliance in invoice processing, accurate processing of transactions,



employee claims settlement including credit cards, travel and advances.

The jobholder needs to be involved in transactional processing level operations of accounts payable on an ongoing basis including but not limited to the activities below.

Processing of travel and local conveyance claims submitted by employees. Manage tracking, settlement, and reconciliation of employee advances and corporate credit card usage. Ensure policy compliance and follow up on outstanding advances and claims.

Perform vendor invoice accounting and payment processing in alignment with credit terms and internal SLAs. Ensure 3-way matching of POs, GRNs, and invoices. Coordinate with Procurement and user departments for resolution of issues in invoices.

Maintain compliance with applicable regulations such as GST, TDS, and MSME. Periodical vendor reconciliations and obtain balance confirmations.

Coordinate with employees/vend

📌 Associate – Accounts Payable (Patiala)
🏢 Indian School of Business
📍 Patiala