Designation - Senior Executive - Accounts Payable

Reporting to - Manager - Accounts & Taxation

Education Background - B.com/M.com/MBA

Work Experience (years) - 3-6 years

Location - Mahape,Navi Mumbai

Purpose of the role

● By managing accounts receivable and payable, you will play a key role in maintaining the company’s cash flow, ensuring that the organization has sufficient funds to meet its obligations.

● In your role as an Senior Executive - Accounts Payable you will ensure that all financial transactions are recorded accurately, which is vital for maintaining the integrity of the company's financial records.

● As you progress, you will help in identifying any errors, discrepancies, thereby enabling the organization to address potential risks before they can escalate.

● In this role, you will gain breadth of knowledge in the Accounts domain, improve your communication skills, and work with stakeholders such as vendors, customers and bankers.

● Additionally, you will stay updated on the latest developments in taxes, gaining comprehensive insights into TDS and GST regulations.

Key Results and Activites

- Ensure 100% accuracy in managing accounts receivable, reconciliations with timely credit of customer receipts.

- Manage accounts receivable processes, including domestic and international transactions.
- Coordinate with banks for transaction processing and notifications including preparing banking documents necessary for ensuring timely credit of customer receipts.
- Ensure compliance with all laws and regulations viz. GST, TDS, FEMA, RBI.




- Ensure timely and accurate revenue recognition and reporting.
- Perform bank receipt entries in SAP and conduct customer reconciliations.
- Process BG/LC applications.

2. Ensure accurate accounts payable processing and ensure on-time payments as per credit terms.

- Handle the entire cycle of accounts payable, including invoice processing, approvals, & payments.
- Manage domestic and import payment processes and ensure timely vendor payments.
- Ensure compliance with all laws and regulations viz. GST, TDS, FEMA, RBI.
- Maintain accurate records and documentation for financial audits.
- Post vendor invoices with correct GL codes in the accounting system.
- Perform bank payment entries in SAP and conduct vendor reconciliations.
- Manage management fees and expense reimbursements for subsidiary companies.

3. Approve and manage employee expenses efficiently and in line with company policies.

- Manage employee expenses in reimbursement portal Happay.
- Approve advance requests and employee expenses on Happay as per the policies.
- Manage prepaid cards for employees.
- Resolve expense & cards related queries of employees.
- Handle domestic & forex cash transactions and maintain sufficient cash levels.
- Prepare and update employee reconciliations.
- Post expenses, advances & other related entries of employee expenses into SAP.

4. Prepare & deliver accurate MIS reports on-time.

- Prepare weekly MIS reports, including AR reports, creditors reports, open GRN analysis.
- Update daily and weekly funds positions, including investments.
- Ensure accurate investment entries in SAP.

📌 Senior Executive -Accounts Payable (Navi Mumbai)
🏢 Neptunus Power Plant Services
📍 Navi Mumbai