Role Overview
We are looking for a detailed-oriented and proactive Accounts Receivable & Payable Specialist to manage our day-to-day financial operations. In this role, you will oversee both end-to-end invoicing for global and domestic clients (AR) and vendor/partner payments (AP). You will play a crucial role in maintaining cash flow integrity, compliance, and accurate financial reporting across our international entities.
Key Responsibilities
1. Accounts Receivable (AR)
Invoicing & Billing: Generate and issue accurate client invoices (milestone-based, time & material, or dedicated resource models) for domestic and international clients.
Collections & Tracking: Track outstanding balances, follow up on aging receivables, and maintain transparent records of client communication regarding payments.
Payment Reconciliation: Reconcile incoming customer payments against outstanding invoices and maintain up-to-date ledger balances.
Cross-Border Billing: Manage international client transactions, foreign remittance clearance (FIRC/FIRC documentation),
and bank documentation for inward remittances.
2. Accounts Payable (AP)
Vendor & Out staffing Management: Review, code, and process vendor invoices, freelancer payouts, and software/subscription renewals.
Payment Processing: Prepare payment batches, schedule bank transfers, and ensure timely vendor disbursements while optimizing cash flow.
TDS & Statutory Compliance: Ensure accurate withholding tax (TDS) deductions on vendor payments and handle GST calculations/reconciliations.
3. Reconciliation & Compliance
Perform monthly bank reconciliations for foreign and domestic accounts.
Assist in month-end and year-end financial closing activities.
Coordinate with internal auditing teams and foreign tax consultants (US/KSA/India) to provide supporting documents as needed.
Maintain organized digital archives of all financial documents, contracts, purchase orders, and tax filings.