Job Summary The Accounts Payable Senior Speciliast is responsible for managing and processing the organization's financial obligations efficiently. This includes ensuring timely and accurate invoice processing, vendor payments, and maintaining compliance with company policies and regulatory requirements.
Key Responsibilities Invoice Management
- Review, verify, and process vendor invoices and expense reports.
- Ensure accuracy of invoice coding and proper authorization.
- Resolve discrepancies related to invoices or payments in a timely manner.
Vendor Management
- Maintain and update vendor records in the system.
- Communicate with vendors regarding payment inquiries and issues.
- Ensure compliance with terms of payment agreements.
Payment Processing
- Prepare and execute weekly/monthly payment runs (checks, ACH, wire transfers).
- Monitor and reconcile accounts payable transactions.
- Ensure timely payment of all invoices and maintain accurate records.
Reconciliation Reporting
- Perform monthly reconciliations of accounts payable ledger with general ledger.
- Prepare and present accounts payable reports to management.
- Assist in month-end and year-end financial closings.
Compliance Documentation
- Ensure compliance with company policies, tax regulations, and other financial controls.
- Maintain organized and secure documentation of all AP transactions.
Process Improvement
- Identify and recommend improvements to the accounts payable process for efficiency.
- Support automation and system enhancements as needed.
Qualifications
- Education: Bachelor's degree in Accounting, Finance, or a related field preferred.
- Experience: 1-3 years of experience in accounts payable or a similar finance role.
- Skills:
- Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and MS Excel.
- Solid attention to detail and organizational skills.
- Excellent communication and problem-solving abilities.
Preferred Skills
- Knowledge of accounts payable best practices and regulatory compliance.
- Experience with automated invoice processing systems.
- Familiarity with ERP systems.
Role: Accounts Payable Executive, Industry Type: Courier / Logistics, Department: Finance & Accounting, Employment Type: Full Time, Permanent Role Category: Accounting & Taxation Education UG: Any Graduate PG: Any Postgraduate read more