Who we are
Plaksha is a 21st-century university focused on solving global challenges through transformative technology education. A unique collective philanthropy effort, our initiative is driven by a dedicated team committed to advancing technology education in India.
Role: Senior Associate – Finance
We are looking for a detail-oriented and process-driven Senior Associate-Finance to own the Accounts Payable and Bookkeeping function. The role will be responsible for accurate and timely AP processing, vendor payment governance, statutory compliance, and monthly closing support, while ensuring the integrity of financial records that underpin the University's decision-making.
Location: Mohali
Reporting to: Associate Director – Finance
Job Description
Accounts Payable Operations
- Own the end-to-end Accounts Payable (AP) process, ensuring completion within defined turnaround times.
- Review and approve complex or high-value invoices, ensuring accurate GL, cost centre, project, and tax coding.
- Drive continuous improvement to reduce invoice rework, errors,
and vendor escalations.
Vendor Payments, Controls & Cash Coordination
- Plan and review payment runs in coordination with the Finance and Banking teams to ensure fund availability.
- Ensure strict adherence to the approval matrix and payment control framework.
- Maintain robust controls to prevent duplicate, incorrect, or unauthorized payments.
Vendor Reconciliation & Query Management
- Conduct periodic vendor ledger reconciliations.
- Ensure timely resolution of vendor queries and disputes.
- Reduce long-pending open items and maintain accurate ageing and vendor statement reconciliations.
Bookkeeping, Monthly Closing & General Ledger
- Ensure accurate booking of expenses and journal entries, including monthly accruals, provisions, and cut-off entries.
- Maintain alignment between the AP sub-ledger and the General Ledger.
- Provide timely support during month-end and year-end closure activities.