Maintain a comprehensive record of vendor information, transactions, and payment terms.
Generate vendor reports for management review as needed.
Managing Team:
Supervise and lead the accounts payable team, providing guidance and training as necessary.
Ensure the team's efficiency and accuracy in processing invoices and payments.
Managing Cash Payments:
Oversee the disbursement of cash payments and ensure proper documentation and authorization.
Bank Account Reconciliation:
Reconcile bank accounts to ensure accurate financial records and identify discrepancies.
Payroll Payments:
Administer monthly salary, advances, and loans to staff.
Coordinate with HR for payroll-related tasks.
Statutory Compliance:
Manage payments and compliance related to Provident Fund (PF), Employee State Insurance Corporation (ESIC), Skilled Tax (PT), Gratuity, Bonus, Incentives, and other statutory obligations.
Tax Compliance:
File and pay Taxes Deducted at Source (TDS) and Electronic Tax Deducted at Source (ETDS) returns as per regulatory requirements.
GST Compliance:
Match GST input credits with GSTR 2A and ensure compliance with Goods and Services Tax (GST) regulations.
Annual Accounts Review:
Review annual accounts and liaise with auditors for any necessary adjustments.
Monthly & Annual Accounts Finalization:
Ensure the accurate and timely finalization of monthly and annual accounts.
MIS Reporting:
Support Management Information System (MIS) reporting by providing necessary financial data and analysis.
Bank Coordination:
Collaborate with banks to address financial issues, reconcile statements, and manage banking relationships.
Management Reporting:
Prepare financial reports as required by management, providing insights into financial performance and trends.
Audits:
Coordinate with internal and statutory auditors for periodic audits, ensuring accurate and complete documentation.
Digitization & Record Keeping:
Implement digital record-keeping practices to maintain and archive financial documents efficiently.
Branch and Sales Team Coordination:
Collaborate with other branches and sales teams to ensure smooth financial transactions and support their needs.
Qualifications:
Preferred CA / Inter CA or MBA
Proven experience in accounts payable and financial management.
Excellent organizational, leadership, and communication skills.
Proficiency in accounting software and Microsoft Excel.