Accounts Payable Specialist The Role

Strattek is currently seeking a highly organized and detail-oriented Accounts Payable Specialist to join our Finance & Accounting team in Hyderabad, India.

The Accounts Payable

Specialist will support the day-to-day accounts payable operations for a US-based client, ensuring accurate and timely processing of vendor invoices, payments, reconciliations, and financial records. The ideal candidate will have strong knowledge of accounts payable processes and accounting principles, excellent attention to detail, and the ability to work effectively with US-based finance and accounting teams. This role will play an important part in ensuring the accuracy, timeliness, and integrity of the client's financial transactions.

Here's what you'll do:

- Manage day-to-day Accounts Payable activities, including invoice receipt, validation, coding, processing, and payment preparation.
- Process PO and Non-PO invoices accurately and in accordance with established policies and procedures.
- Perform 2-way and 3-way matching of purchase orders, receipts, and invoices, as applicable.
- Review vendor invoices, expense reports, and other AP-related transactions for accuracy, completeness, appropriate approvals, and compliance with company policies.
- Identify and resolve invoice discrepancies, exceptions, duplicate invoices, and payment issues.
- Maintain accurate vendor accounts and perform vendor statement reconciliations.
- Monitor AP aging and follow up on outstanding invoices and items requiring resolution.
- Assist with vendor payment processing and ensure payments are processed accurately and within established timelines.
- Perform AP sub-ledger to General Ledger reconciliations and investigate discrepancies.
- Support month-end and year-end closing activities, including AP accruals, provisions, reconciliations, and reporting.
- Prepare and maintain AP reports, aging reports, payment reports, and reconciliation schedules.
- Coordinate with Procurement, Receiving, Finance, and other internal teams to resolve invoice and payment-related issues.
- Communicate with US-based client finance and accounting teams regarding AP transactions, reconciliations, and outstanding issues.
- Maintain proper documentation and supporting records for all AP transactions.
- Support internal and external audits by providing required invoices, reconciliations, schedules, and supporting documentation.
- Ensure compliance with the client's accounting policies, internal controls, and standard operating procedures.
- Identify opportunities for process improvement and increased efficiency within the Accounts Payable function.
- Stay updated on changes to accounting policies, procedures, and AP processes and ensure compliance with applicable requirements.

Here's what you'll bring to the table:

- Bachelor's degree in Accounting, Finance, Commerce, or a related field.
- 3+ years of relevant experience in Accounts Payable / Finance & Accounting.
- Strong understanding of Accounts Payable and Procure-to-Pay (P2P) processes.
- Hands-on experience with vendor invoice processing, invoice matching, vendor reconciliation, payment processing, and AP aging.
- Strong understanding of accounting principles and financial controls.
- Proficiency in Microsoft Excel, including Pivot Tables, lookups, reconciliations, and financial reporting.




- Experience working with ERP/accounting systems; experience with Oracle ERP is preferred.
- Experience with Oracle Accounts Payable / Oracle Financials is an added advantage.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Ability to identify discrepancies and independently work toward resolution.
- Strong written and verbal communication skills.
- Ability to effectively collaborate with US-based finance and accounting teams.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Experience working with US accounting / US GAAP is preferred.
- Experience supporting month-end and year-end close activities is preferred.

Work Schedule

- The role primarily supports a US-based client and requires flexibility to work during US Pacific Time business hours, as needed.
- The candidate should be adaptable to work extended or adjusted hours based on business and client requirements.

Requirements

Accounts Payable Manager The Role

Strattek is currently seeking an experienced and detail-oriented Accounts Payable Manager to lead our Finance & Accounting team in Hyderabad, India.

The Accounts Payable

Manager will oversee the day-to-day Accounts Payable operations supporting a US-based client, ensuring accurate, timely, and compliant processing of vendor invoices, payments, reconciliations, and financial records. The ideal candidate will have strong expertise in Accounts Payable, Procure-to-Pay (P2P), accounting principles, internal controls, and team management, along with the ability to effectively collaborate with US-based finance and accounting teams. The AP Manager will be responsible for managing the AP function, developing the team, ensuring service delivery, driving process improvements, and maintaining high standards of accuracy and compliance.

Here's what you'll do:

- Lead and manage the Accounts Payable team, providing direction, coaching, training, and performance management.
- Oversee end-to-end Accounts Payable and Procure-to-Pay (P2P) operations, including invoice processing, validation, coding, approvals, and payment processing.
- Ensure accurate and timely processing of PO and Non-PO invoices in accordance with established policies and procedures.
- Oversee 2-way and 3-way matching of purchase orders, receipts, and invoices, as applicable.
- Review and monitor vendor invoices, expense reports, payment transactions, and other AP activities for accuracy, completeness, and compliance.
- Establish and monitor appropriate quality checks, controls, and approval processes within the AP function.
- Monitor AP aging, outstanding invoices, blocked invoices, and payment exceptions, ensuring timely resolution.
- Oversee vendor account and vendor statement reconciliations and ensure discrepancies are resolved promptly.
- Manage and review vendor payment processing, ensuring payments are accurate, timely, and compliant with established controls.
- Oversee AP sub-ledger to General Ledger reconciliations and investigate and resolve discrepancies.
- Lead month-end and year-end AP close activities,



including accruals, provisions, reconciliations, and reporting.
- Review and approve AP reports, aging reports, payment reports, reconciliations, and other financial schedules.
- Partner with Procurement, Receiving, Finance, and other business teams to resolve invoice, vendor, and payment-related issues.
- Serve as a key point of contact for the US-based client finance and accounting teams on AP operations, escalations, reporting, and process-related matters.
- Establish and monitor service levels, KPIs, and operational metrics for the AP function.
- Identify process gaps and drive continuous improvement, standardization, and automation of AP processes.
- Develop and maintain Standard Operating Procedures (SOPs), process documentation, and control frameworks.
- Ensure compliance with the client's accounting policies, internal controls, and standard operating procedures.
- Support internal and external financial audits, ensuring timely submission of required documentation and resolution of audit queries.
- Identify operational risks and implement appropriate preventive and detective controls.
- Stay current with changes in accounting policies, AP practices, and applicable regulatory requirements and ensure the team follows relevant updates.
- Support capacity planning, workload allocation, and resource requirements for the AP function.
- Foster a collaborative and high-performing team environment, promoting accountability, knowledge sharing, and professional development.

Here's what you'll bring to the table:

- Fully qualified Chartered Accountant.
- 7+ years of relevant experience in Accounts Payable / Finance & Accounting, with at least 2–3 years in a managerial or team leadership role.
- Solid hands-on and managerial experience in Accounts Payable and Procure-to-Pay (P2P) processes.
- Proven experience managing and developing AP teams.
- Solid understanding of invoice processing, PO/Non-PO invoices, 2-way/3-way matching, vendor reconciliation, payment processing, AP aging, and month-end close.
- Strong understanding of accounting principles, internal controls, and financial reporting.
- Experience managing high-volume AP operations and meeting defined SLAs and deadlines.
- Proficiency in Microsoft Excel, including Pivot Tables, lookups, reconciliations, and financial reporting.
- Experience working with ERP/accounting systems; hands-on experience with Oracle ERP / Oracle Accounts Payable is preferred.
- Strong knowledge of AP-to-GL integration and reconciliation.
- Experience supporting US-based clients and US accounting / US GAAP is strongly preferred.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent written and verbal communication skills, with the ability to communicate effectively with US-based stakeholders and senior management.
- Strong stakeholder management and escalation-handling skills.
- Demonstrated ability to drive process improvements, automation, and operational efficiencies.
- Ability to manage multiple priorities and deliver results in a fast-paced environment.
- Strong attention to detail, ownership, and accountability.

Work Schedule

- The role primarily supports a US-based client and requires flexibility to work during US Pacific Time business hours, as needed.
- The candidate should be flexible to work extended or adjusted hours based on business and client requirements.

📌 AP - Specialist / Manager (Hyderabad)
🏢 Elfonze Technologies
📍 Hyderabad