20 Aug
|
The Economist
|
India
20 Aug
The Economist
India
Role Overview:
The Accounts Payable Executive will be responsible for managing end-to-end Accounts Payable operations across multiple global regions. The role involves accurate and timely invoice processing, vendor management, payment preparation, resolving supplier queries, and ensuring compliance with company policies, internal controls, and regional statutory requirements. The position requires close collaboration with internal stakeholders and global vendors to support an effective procure-to-pay (P2P) process.
Key Responsibilities
Accounts Payable Operations
- Process vendor invoices accurately and within agreed service levels using the ERP system (e.g., PeopleSoft, Oracle, SAP etc).
- Validate invoice details, coding, tax requirements, purchase orders, and supporting documentation before processing.
- Coordinate with business stakeholders across global regions to obtain timely invoice approvals and resolve invoice discrepancies.
- Monitor invoice aging and ensure invoices are processed within agreed payment terms.
- Review credit notes, debit notes, adjustments,
and identify duplicate invoices before processing.
- Prepare payment proposals in accordance with the payment schedule and company policies.
- Review and validate vendor master creation and amendment requests in line with company controls.
- Respond promptly to vendor and internal stakeholder queries, ensuring timely issue resolution.
- Maintain complete invoice documentation and supporting records for audit and compliance purposes.
- Assist with month-end and year-end closing activities, including AP reconciliations, reporting etc.
- Reconcile supplier statements and resolve outstanding balances in a timely manner.
- Monitor and clear aged invoices, debit balances, and unmatched transactions.
- Support internal and external audits by providing required documentation and responding to audit queries.
- Ensure compliance with tax and statutory requirements applicable to the regions supported (e.g., VAT,
📌 Executive - Accounts Payable (India)
🏢 The Economist
📍 India