Role & responsibilities
Payment Processing
Prepare daily, weekly, and monthly payment Planning.
Process vendor, employee reimbursement, statutory, and other payments through banking portals.
Verify payment requests against approved invoices, purchase orders, and supporting documents.
Ensure payments are made within approved credit terms and company policies.
Upload payment files and initiate transactions in various bank portals.
Approval Coordination
Liaise with Purchase, Stores, User Departments, and Management for payment approvals.
Follow up with approvers to ensure timely release of payments.
Resolve payment-related queries and discrepancies before processing.
Maintain proper approval records and supporting documentation.
Banking Operations
Handle multiple bank portals and online banking transactions.
Monitor payment status and ensure successful completion of transactions.
Coordinate with banks for transaction issues, banking limits, and operational matters.
Manage beneficiary creation,



modification, and validation as per company procedures.
Reconciliation & Controls
Reconcile bank statements with payment records.
Verify payment entries posted in ERP/accounting software.
Ensure that duplicate or unauthorized payments are avoided.
Maintain payment registers and supporting records.
Vendor & Internal Coordination
Respond to vendor payment inquiries.
Coordinate with Purchase and Accounts Payable teams for invoice and payment status.
Support month-end and year-end payment reconciliations.
Assist in audit requirements related to payments and banking transactions.
Compliance
Ensure compliance with company payment policies and approval matrix.
Verify TDS, GST, and other statutory deductions before payment processing.
Maintain confidentiality of banking credentials and payment information.

📌 Accounts Payable Executive New Delhi
🏢 Mittal Electronics
📍 New Delhi