Experience: 1 - 3 Years (Master degree in accountant, Finance or Ba)
Location: Bengaluru, Karnataka
About the Role
Responsibilities:
Vendor Onboarding: Owning the vendor master from onboarding through ongoing compliance.Validating new vendors' GSTIN, PAN, MSME certificate, and bank details with zero data errors.
Invoice Processing: Receive, review, and verify invoices for accuracy, appropriate documentation, and approval before payment. Drafting the Vouchers based on the requirements.
Payment Management: Prepare and process electronic transfers (NEFTs & RTGSs); manage payment schedules and ensure timely payments.
Interdepartmental Communication: Collaborate with other departments such as Purchasing and Administration for Payment requests to ensure accurate and productive processing of payments and to resolve any discrepancies or issues.
Bank Liaison: Frequently visiting or collaborating with bank representatives to handle Current Accounts, Corporate Cards, Re-KYC processes, and any other related tasks.
Reconciliation:
Reconcile vendor statements and accounts payable ledger to ensure all payments are accounted for and properly posted.
Expense Reports: Review and process employee expense reports in accordance with company policies and procedures.
Record Keeping: Maintain accurate and organized financial records, including filing and archiving of invoices and payment documents.
Compliance: Ensure compliance with company policies, accounting standards, and regulatory requirements Such as TDS, GST, TCS, MSME etc.
Reporting: Assist in the preparation of accounts payable reports, analysis, and Year-end closing activities.
Process Improvement: Identify and implement process improvements to enhance efficiency and accuracy in the accounts payable function.
Requirements:
Experience: Minimum of one year of experience in accounting or accounts payable or a similar role.