Key Responsibilities:

1. Invoice Processing & P2P Operations

- Manage end-to-end vendor invoice processing from receipt to accounting and payment.
- Verify invoices against PO, GRN/service confirmation, approval and supporting documents.
- Perform invoice validation for vendor name, invoice number, date, amount, GST, TDS and payment terms.
- Ensure correct accounting, cost centre, GL, tax code and business transaction classification.
- Process non-PO invoices with appropriate approvals.
- Identify and prevent duplicate, excess, incorrect and unsupported invoice bookings.
- Coordinate with Procurement, Business, Stores and vendors for invoice-related issues.
- Ensure invoices are processed within defined TAT and SLA.

2. GST Compliance

- Good working knowledge of GST provisions applicable to vendor invoices.
- Validate GSTIN, tax rate, taxable value, CGST/SGST/IGST and place of supply.
- Verify GST details and ensure appropriate GST accounting.
- Coordinate for discrepancies relating to GST invoices, credit notes and debit notes.
- Support reconciliation of purchase invoices with GSTR-2B / GST data.
- Ensure compliance with GST documentation requirements.

3. TDS Compliance





- Strong working knowledge of TDS provisions applicable to vendor payments.
- Determine appropriate TDS section and rate based on nature of transaction.
- Validate TDS applicability and deductions while processing invoices.
- Handle TDS-related vendor queries and reconciliation.
- Coordinate with Tax team for TDS exceptions, certificates and compliance requirements.
- Ensure accurate accounting of TDS payable and vendor balances.

4. Vendor Accounting & Reconciliation

- Perform vendor ledger scrutiny and reconciliation.
- Resolve open items, debit/credit balances and payment-related discrepancies.
- Coordinate with vendors for statement reconciliation and outstanding invoices.
- Ensure advances are appropriately adjusted against invoices.
- Monitor ageing of vendor invoices and open items.

Required Skills & Qualifications:

- B.Com / M.Com / MBA Finance
- 36 years of experience in Import Payment / Forex / Accounts Payable
- Working knowledge of SAP (FICO/MM)
- Robust Excel skills
- Good communication & coordination skills

📌 Team MemberP (Pune)
🏢 Thermax
📍 Pune