Account Payable (Hyderabad)

Account Payable (Hyderabad)

13 Aug
|
Sone India
|
Hyderabad

13 Aug

Sone India

Hyderabad

- Job Title: Accountant Accounts Payable (AP) & Accounts Receivable (AR) Industry: Diamond & Fine Jewellery Position Overview We are seeking a highly organized and detail-oriented Accountant to manage our Accounts Payable and Accounts Receivable functions.
- In the high-value diamond and jewelry industry, this role requires exceptional precision, strict internal controls, and a thorough understanding of industry-specific taxation, gold/diamond costing, and inventory valuation.

Key Responsibilities
- Accounts Receivable (AR) & Billing
- Invoice Generation: Generate, verify, and process accurate sales invoices for retail, wholesale, and B2B orders (including gold, loose diamonds, and studded jewelry).
- Collections & Follow-ups: Proactively follow up with customers and dealers for timely payments, manage collection schedules, and resolve billing or pricing disputes.
- Reconciliation: Reconcile AR sub-ledgers, apply customer payments accurately, and maintain up-to-date customer account balances.
- Aging Reports: Prepare and present weekly/monthly AR Aging reports to management,



flagging overdue accounts.
- Accounts Payable (AP) & Vendor Management
- Invoice Processing: Verify, code, and process supplier and vendor invoices (e.g., rough diamond suppliers, gold refiners, and job workers).
- Three-Way Matching: Match purchase orders (PO), delivery challans, and supplier invoices to ensure accurate pricing, carat weight, and quantity.
- Vendor Reconciliations: Reconcile vendor statements, manage vendor queries, and process payments according to agreed-upon credit terms.
- Expense Tracking: Handle employee travel expenses and procurement costs efficiently.
- Industry-Specific Duties & Compliance
- Inventory & Costing Support: Assist in diamond/gold stock valuation, cost of goods sold (COGS) tracking, and periodic physical inventory counts.
- Taxation: Ensure accurate tax treatment (GST, TDS) on all domestic purchases and sales.
- Statutory Compliance: Assist with the compu

📌 Account Payable (Hyderabad)
🏢 Sone India
📍 Hyderabad

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