Key Responsibilities:

Invoice booking and Payments

- Process and review high-volume invoices (including domestic, foreign, related parties etc.), ensuring accuracy and compliance with statutory requirements and company policies.

- Ensuring accurate three-way matching of purchase order, goods receipt/service entry sheet, and vendor invoice prior to processing and releasing vendor payments.

- Creation of SESs in the system to initiate the transactions in SAP over the invoices received.

- Ensure lead cycle time of AP processes is being achieved.

- Manage vendor relationships and resolve payment discrepancies.

- Reconcile vendor statements and investigate/resolve discrepancies.

- Maintain & update financial records, including accounts payable and vendor files.

- Develop and implement process improvements to increase efficiency and reduce costs.

- Ensure compliance with accounting standards and regulatory requirements including taxation.

- Supporting in statutory audits, internal audit, ICOFR audit, Management audit etc.

Payments

- Ensure timely payments to vendors, taking advantage of discounts when possible.

- Manage end-to-end vendor payment processing in SAP, including batch proposal generation, validation, exception handling, and execution sign off (both manual and through system).

- Responsible for generating and sharing payment advice to vendors post-payment via email or portal, ensuring timely communication.





- Preparation of Bank Reconciliation Statement.

- Ensure timely payment to MSME vendors as per MSMED Act, 2006. Track MSME vendor status and support reporting for statutory compliance.

Month-End Procedures:

- Ensure all invoices are processed and posted prior to month-end closing.

- Ensure provisions have been appropriately booked.

- Review and reconcile accounts payable ledger to ensure accuracy and completeness

- Prepare and review month-end accounts payable reports, including aging reports and vendor analysis

- Identify and resolve any discrepancies or outstanding issues prior to closing

- Collaborate with Procurement, Invoice Management and other departments to ensure month end closing entries are done.

- Collaborate with Finance internal team, for effective month end closing entries.

- Variance Analysis of expenses with corresponding periods and reasoning.

- Preparation of JV entries, Accruals and prepaid accounting.

SKILLS AND EXPERTISE

- Strong hands-on experience with SAP (FI/MM module)

- Knowledge if GST and Taxation

- Good analytical and communication skills

- Digital Mindset and Vendor collaboration

- Detail-oriented mindset with a focus on accuracy and problem-solving and organizational skills

- Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced setting.

📌 Accounts Payable Executive (Jewar)
🏢 Noida International Airport
📍 Jewar