Associate - Accounts Payable

Job Summary

We're looking for people who put their innovation to work to advance our success - and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

The Accounts Payable Associate will support the Accounts Payable function for nVent India by ensuring timely and accurate processing of invoices, payments, expense reimbursements, statutory payments, vendor records, reconciliations, month-end provisioning, and audit support. The role requires strong attention to detail, basic ERP/accounting/payment knowledge, and the ability to work collaboratively across Finance, HR, Procurement, banks, vendors, and business teams.

Responsibilities

In this position, you will get to:

• Lead and support the accounts payable process for nVent India.
• Ensure timely and accurate processing of invoices, payments, and expense reports.
• Coordinate with banks for payment disbursements and payment-related queries.
• Review and approve employee travel reimbursement claims.
• Process foreign payments for materials and services.
• Prepare and share MIS reports, including AP trade, prepaid, and GR reports.
• Ensure timely statutory payments, including NPS, PT, PF, TDS, GST, and Customs.
• Maintain and update vendor records and ensure compliance with company policies.
• Reconcile accounts payable transactions and resolve discrepancies.
• Prepare and analyze accounts payable reports and metrics.
• Collaborate with other departments to streamline processes and improve efficiency.
• Assist in month-end close activities, including provisioning and accrual support.
• Prepare audit schedules and supporting GL information for audit requirements.
• Develop and implement accounts payable policies and procedures as required.
• Prepare and dial up TDS/TCS liability.
• Review and clear IDPMS, ORM, and MTT data.
• Train and mentor team members, fostering a positive and productive work environment.

Requirements

• Bachelor's degree in Accounting or Finance.
• Minimum 5 years of Accounts Payable experience.
• Technical Knowledge: Strong knowledge of accounting principles and accounts payable processes.
• Systems: Proficiency in accounting software and Microsoft Office Suite.
• Experience with ERP systems such as SAP, M3, and SyteLine is preferred.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.