Role & responsibilities

1. Vendor Invoice Booking & Verification

- Review and process vendor invoices accurately and within defined timelines.
- Verify invoices against Purchase Orders, Goods/Service Receipts, approvals, and supporting documents.
- Ensure invoices comply with applicable company policies, accounting requirements, and authorization processes.
- Coordinate with internal stakeholders and vendors for resolution of invoice discrepancies.
- Maintain accuracy in vendor accounting and invoice processing.

2. SAP Invoice Processing

- Perform MIRO entries in SAP for vendor invoice booking.
- Ensure correct selection of vendor, PO, tax codes, GL/accounting details, cost centres, and other relevant information while processing transactions.
- Identify and resolve invoice or PO-related discrepancies in coordination with Purchase, Operations, and other stakeholders.
- Ensure timely posting of transactions to support accurate period-end accounting.

3. Vendor & Bank Payments

- Prepare and process vendor payments as per agreed payment terms, company policies, approval matrix, and applicable statutory requirements.
- Ensure payments are processed within stipulated timelines.
- Verify payment proposals and relevant supporting documents before payment processing.
- Maintain appropriate payment records and supporting documentation.
- Coordinate for resolution of rejected, returned, or pending payments.

4. Statutory Payments & Compliance

- Coordinate and process applicable statutory payments within prescribed timelines.
- Ensure necessary documentation and approvals are available prior to processing statutory payments.




- Maintain appropriate records for statutory payments and support audit/compliance requirements.
- Track due dates to minimize the risk of delays or non-compliance.

5. MSME Compliance

- Monitor vendors falling under applicable MSME requirements.
- Track MSME vendor outstanding amounts and payment timelines.
- Ensure timely processing of eligible MSME vendor invoices and highlight potential overdue cases.
- Maintain supporting vendor declarations and relevant documentation.
- Prepare periodic MSME-related reports/MIS required by Finance and management.
- Coordinate with relevant stakeholders to ensure adherence to MSME compliance requirements.

6. Creditor Management & Ageing

- Monitor creditor/vendor outstanding balances and prepare/review Creditor Ageing reports.
- Regularly review long-pending and overdue vendor balances.
- Follow up with concerned stakeholders for closure of pending invoices, debit balances, advances, and other reconciliation items.
- Perform vendor account reconciliations and resolve differences in a timely manner.
- Support timely closure of ageing balances and maintain accurate vendor ledgers.

7. Vendor Documentation & Record Management





- Maintain systematic records of vendor invoices, payment documents, approvals, and supporting documents.
- Ensure vendor documents are appropriately maintained for internal/external audits and statutory requirements.
- Facilitate easy retrieval of documentation for audit, reconciliation, and compliance purposes.
- Ensure completeness and accuracy of accounts payable documentation.

8. Timeline & Process Adherence

- Ensure adherence to defined timelines for invoice booking, vendor payments, statutory payments, reconciliation, and period-end closing.
- Follow established SOPs, financial controls, and approval processes.
- Highlight delays, exceptions, or compliance concerns to relevant stakeholders on a timely basis.
- Support month-end and year-end closing activities related to Accounts Payable.

Work Experience

- 4-5 years of relevant experience
- Education Background: M.COM

Key Skills & Competencies

- Solid understanding of Accounts Payable and vendor accounting
- Hands-on knowledge of SAP, particularly MIRO/invoice processing
- Vendor invoice verification and booking
- Vendor and bank payment processing
- Creditor reconciliation and Creditor Ageing
- Understanding of MSME compliance requirements
- Knowledge of statutory payments and basic taxation concepts
- Good accounting fundamentals
- Strong MS Excel skills
- High attention to detail and numerical accuracy
- Documentation and record-management skills
- Good stakeholder and vendor-management skills
- Ability to work within stringent financial and compliance timeline

📌 Executive/Senior Executive- Accounts Payable (Mumbai)
🏢 Godrej Living
📍 Mumbai