Accounts Payable Executive

Responsibilities : -

• Follow threeway matching in Accounts Payable.
• Process PO and NonPO invoices for materials, services, and advance payments.
• Ensure compliance with DOA (Delegation of Authority) for approvals and adhere to payment terms as per PO/LOA.
• Perform vendor account reconciliations.
• Prepare and maintain MIS reports for Accounts Payable.
• Prepare and follow up on weekly Hold Reports with business users.
• Ensure monthly closure of pending GR/IR.
• Settle advances and follow up with business users for invoice submissions where work/services have been completed.
• Ensure compliance and accuracy related to GST, TDS, and accounting standards, including passing correction entries where required.
• Process MSME vendor invoices on a timely basis and ensure no penal interest is incurred due to delays.
• Proactively follow up with internal stakeholders/endusers to resolve invoicerelated queries.
• Maintain a structured communication log to track query status, resolution timelines, and recurring issues.
• Handle highvolume invoice processing, with a target of 80100+ invoices per day through VIM.

Desired profile of the candidate : -

• Strong knowledge of accounting entries.
• Ability to apply TDS and GST provisions correctly.
• Understanding of Reverse Charge Mechanism (RCM) under GST.
• Adjustment of advances and compliance with PO terms, including retentions, liquidated damages, and bank guarantees.
• Knowledge of eligible and ineligible GST credits and validation of vendor invoices.
• Proficiency in MS Excel for reconciliations and payment workings.
• Understanding of MSME provisions and implications of noncompliance with MSME regulations.

Education : -

• BCOM/ MCOM