Key responsibilities of an Accountant Payable Executive at Fusion CX in Kolkata:
1. Financial Recordkeeping:
- Maintain accurate and up-to-date financial records.
- Process invoices, receipts, payments, and other financial transactions.
1. Preparation of Financial Statements:
- Prepare monthly, quarterly, and annual financial statements (e.g., balance sheet, income statement, cash flow statement).
- Ensure financial statements comply with accounting standards (e.g., GAAP, IFRS).
1. Budgeting and Forecasting:
- Assist in the preparation of budgets.
- Monitor actual performance against budgets and forecasts, providing explanations for variances.
1. Reconciliation:
- Reconcile bank statements, accounts payable, accounts receivable, and other financial accounts.
- Identify discrepancies and resolve them promptly.
1. Audit Preparation:
- Assist with internal and external audits
- Provide supporting documentation for audits and respond to audit queries.
1. Financial Analysis:
- Analyze financial data to identify trends and make recommendations.
- Provide insights into cost control,
profitability, and performance improvement.
1. Invoice Processing:
- Receive, verify, and process supplier invoices and ensure that all payments are accurately recorded in the system.
- Match invoices with purchase orders and receive reports to ensure proper documentation.
- Code invoices to the correct general ledger accounts.
1. Payment Processing:
- Prepare and schedule payments to vendors and suppliers, ensuring timely processing according to agreed-upon payment terms.
- Process payments via checks, bank transfers, or other methods.
- Ensure that payments are made accurately and in compliance with company policies.
1. Vendor Management:
- Maintain positive relationships with vendors and suppliers.
- Respond to vendor inquiries about payment status and resolve issues or discrepancies.
- Review and update vendor records regularly to ensure accurate contact information and payment details.