o Manage end-to-end Accounts Payable processes, including invoice verification, booking, approval and payment.
o Ensure timely and accurate accounting of vendor invoices.
o Monitor vendor outstanding balances and payment schedules.
o Maintain proper documentation and supporting records for all transactions.
GST Compliance
o Handle GST-related accounting and compliance activities.
o Verify GST applicability, tax rates, input tax credit and vendor GST invoices.
o Reconcile purchase registers with GSTR-2B and identify discrepancies.
o Coordinate with vendors for resolution of GST mismatches.
o Support/coordinate timely GST return filing and related compliances.
TDS Compliance
o Ensure correct deduction of TDS on vendor payments as per applicable provisions.
o Review TDS applicability and rates for different types of transactions. o Prepare/review TDS workings and support timely filing of TDS returns. o Handle TDS reconciliation, notices and vendor queries. o Ensure timely issuance of TDS certificates.
Vendor Reconciliation
o Perform regular vendor ledger reconciliation.
o Resolve discrepancies between company books and vendor statements.
o Follow up with vendors regarding missing invoices, credit notes,
debit notes and balances.
Payment Processing
o Prepare payment proposals and ensure payments are released within agreed timelines.
o Verify invoices, approvals, bank details and statutory deductions before payment.
o Coordinate with internal stakeholders and banks for payment-related matters.
Month-End / Year-End Closing
o Ensure timely AP closing and accurate booking of expenses.
o Prepare provisions/accruals for outstanding expenses.
o Support monthly, quarterly and annual financial closing activities.
o Provide financials as per Schedule VI of Companies Act and required schedules and information for audits.
Audit & Compliance
o Coordinate with internal and statutory auditors for AP-related requirements.
o Maintain proper records and documentation for audit purposes.
o Ensure compliance with company policies and applicable accounting/tax regulations.
MIS & Reporting
o Prepare AP ageing reports and vendor outstanding reports.
o Monitor overdue payments and working capital impact.
o Prepare periodic MIS and management reports related to payables.
Candidate Profile • CA / CMA / MBA Finance / M.Com / B.Com or equivalent qualification.