We are looking for an Accounts Payable Executive to support the company’s day-to-day payable and banking operations, ensuring timely and accurate processing of vendor invoices and payments. The role will involve invoice booking, vendor reconciliation, payment processing, banking transactions, maintaining documentation, and supporting statutory and month-end accounting activities.
The candidate should have a positive understanding of basic accounting concepts, vendor management, GST and TDS, along with working knowledge of Tally/ERP systems, online banking portals and MS Excel.
Key Responsibilities
• Verify and process vendor invoices, ensuring accuracy of amounts, GST details, supporting documents and required approvals.
• Book purchase, expense and service invoices accurately in the accounting/ERP system.
• Match invoices with purchase orders, GRNs and other supporting documents wherever applicable.
• Maintain accurate vendor ledgers and perform regular vendor account reconciliations.
• Prepare vendor payment workings and coordinate for timely processing of payments as per agreed credit terms.
• Handle day-to-day banking operations related to payments, including preparation and processing of NEFT, RTGS, IMPS and other online banking transactions.
• Upload and process payment instructions through banking portals after ensuring necessary approvals and supporting documentation.
• Maintain records of daily payments and coordinate with banks/internal teams for payment-related queries, failed transactions or other banking issues.
• Perform bank reconciliation and ensure payment entries are accurately reflected in the books of accounts.
• Track outstanding vendor balances and assist in preparing AP ageing and payable reports.
• Coordinate with vendors for invoices, ledger confirmations, payment updates and resolution of discrepancies