Accounts Payable Associate (Mumbai)

Accounts Payable Associate (Mumbai)

07 Aug
|
Cipla
|
Mumbai

07 Aug

Cipla

Mumbai

Key Responsibilities

- Invoice Management: Handle end-to-end Accounts Payable (AP) activities including invoice processing, vendor payments, reconciliations and month-end closing.
- Payment Processing: Prepare and execute payment runs via NEFT, RTGS, ACH, or wire transfers. Ensure payments are made within due dates to capture early payment discounts and avoid penalties.
- Accrual Basis Accounting: Record expenses in the period they are incurred rather than when cash is paid.
- Stakeholder Relations: Serve as the primary contact for stakeholder enquiries regarding payment status and discrepancies.
- Reconciliation & Reporting: Perform monthly vendor statement reconciliations and assist with month-end closing activities. Generate AP aging reports to track outstanding liabilities.



Support preparation and review of Trial Balance, Profit & Loss (P&L;) and Balance Sheet
- Compliance & Audits: Ensure adherence to internal accounting controls and statutory requirements such as GST or TDS. Provide documentation and support for internal and external audits.

Technical / Functional Skills

- Robust knowledge of accounting principles and concepts (journal entries, P&L;, ledger, Trial Balance, Balance Sheet)
- Hands-on experience with ERP systems such as SAP, Tally, Oracle, or similar global ERP platforms
- Proficient in MS Excel.
- Good understanding of AP controls, compliance, and month-end activities

📌 Accounts Payable Associate (Mumbai)
🏢 Cipla
📍 Mumbai

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