Senior Executive – Accounts Payable

Company: Mayuri Kumkum Ltd.

Brand: Insight Cosmetics

Location: Lower Parel, Mumbai

Experience: Minimum 5 years

Qualification: Graduate

Vacancy: 1

CTC: Up to 5 LPA

Notice Period: Immediate Joiners Preferred

Job Summary

We are looking for a detail-oriented and analytical Senior Executive – Accounts Payable to manage end-to-end accounts payable activities, vendor reconciliations, statutory compliance, accounting entries, and payment processes.

The ideal candidate should have hands-on experience in Tally ERP, SAP FICO, MS Excel, GST, TDS,

ledger scrutiny, vendor reconciliation, creditor analysis, and MIS reporting.

Key Responsibilities

 Manage day-to-day Accounts Payable activities, including invoice processing, verification,

posting, and payment coordination.

 Prepare, verify, and reconcile all types of purchase invoices.

 Pass and maintain accounting entries in Tally ERP and SAP FICO.

 Perform regular vendor ledger reconciliation and resolve discrepancies.

 Conduct ledger scrutiny and ensure accuracy of accounting records.

 Review creditor balances and perform creditor ageing and analysis.

 Coordinate vendor payments and follow up on outstanding invoices.

 Ensure timely clearance of reconciling items and maintain accurate vendor accounts.

 Coordinate with purchase, stores, commercial, and other internal departments for required documents and approvals.

 Maintain updated accounts payable ledgers, journals, and supporting documents.

 Handle statutory payments and ensure timely compliance.

 Manage GST and TDS accounting, reconciliation, and related compliance activities.

 Assist in GST return preparation and filing and ensure proper GST documentation.





 Verify applicable TDS deductions and ensure accurate accounting and timely payments.

 Prepare regular MIS reports related to payables, creditors, outstanding payments, ageing,

and reconciliations.

 Communicate with vendors regarding invoices, payments, discrepancies, outstanding balances, and account-related queries.

 Assist in month-end and year-end closing activities.

 Ensure proper filing and maintenance of invoices, payment records, and other accounting documents.

Requirements

 Minimum 5 years of relevant experience in Accounts Payable or a similar accounting role.

 Graduate in Commerce, Accounting, Finance, or a related field.

 Strong working knowledge of Tally ERP and MS Excel.

 Hands-on experience in SAP FICO is preferred.

 Good knowledge of GST, TDS, and statutory payments.

 Strong understanding of accounting principles and Accounts Payable processes.

 Hands-on experience in vendor reconciliation, ledger scrutiny, creditor analysis, and MIS reporting.

 Strong analytical and problem-solving skills.

 Excellent attention to detail and accuracy.

 Good communication and vendor management skills.

 Ability to coordinate effectively with internal departments.

 Solid organizational and time-management skills.

 Proactive approach with the ability to work independently.

Pay: ₹400,000.00 - ₹500,000.00 per year

Experience

- SAP FICO: 5 years (Required)
- Manufacturing: 5 years (Required)
- SAP ERP: 5 years (Required)
- Tally: 5 years (Required)
- Accounts payable: 5 years (Required)
- TDS: 5 years (Required)
- GST: 5 years (Required)
- vendor reconciliation: 5 years (Required)
- MIS reporting: 6 years (Required)

Work Location: In person

📌 Senior Executive - Accounts Payable (Mumbai City)
🏢 IndiThinkk
📍 Mumbai City