• Review, validate, and process vendor invoices with complete supporting documents (POs, GRNs, contracts).
• Maintain vendor master records with appropriate approval workflows.
• Resolve invoice discrepancies, debit notes, and vendor queries promptly.
• Prepare payment batches (NEFT/RTGS/Wire/ACH) and ensure timely disbursements per agreed credit terms.
• Reconcile vendor statements and maintain accurate AP ageing.
• Track advances, prepaid expenses, and ensure proper settlement and amortization.
• Ensure compliance with accounting standards, internal controls, and company policies.
• Comply with statutory
requirements:
GST, TDS, WHT, and vendor tax documentation.
• Prepare weekly/monthly AP ageing reports and payment forecasts.
• Identify process gaps and recommend automation/efficiency improvements.