Sr Executive Accounts Payable

Job Description:

Job Title: Sr. Executive Accounts Payable

Job Location:Aurangabad, Chikalthana.

Experience: 2 - 4 years

Qualifications & Skills:

Education: B.Com / M.Com / MBA (Finance)

Experience:2–4 years of experience in Accounts Payable or general accounting in a corporate environment. Hands-on experience with ERP systems (SAP, Oracle, etc.). Strong Knowledge of accounting principles and AP processes. Strong Proficiency in Excel skills for reporting and reconciliation.

Job Title: Sr. Executive Accounts Payable

The Senior Executive – Accounts Payable is responsible for managing vendor invoices, ensuring timely and accurate payments, maintaining reconciliations, and supporting month-end closing activities. This role ensures compliance with company policies, internal controls, and statutory requirements while maintaining positive vendor relationships.

Key Responsibilities

1. Invoice Processing & Payment

Receive, review, and verify invoices for accuracy, approvals, and compliance with purchase orders and company policy.

Code invoices correctly in ERP and ensure timely processing for payment.

Schedule and process payments (cheques, online transfers, NEFT/RTGS) as per due dates.

2. Vendor Management

Maintain updated vendor master data and banking information.

Resolve vendor queries and discrepancies in a timely manner.

Ensure proper documentation for vendor contracts and agreements.

3. Reconciliation & Reporting

Prepare vendor account reconciliations periodically.

Monitor open GR/IR (Goods Received/Invoice Received) accounts and clear on time.

Support in preparation of Accounts Payable MIS and dashboards for management.

4. Compliance & Controls

Ensure TDS, GST, and other statutory deductions are made as per law and filed on time.

Support in internal and statutory audits by providing required data.

Adhere to internal controls, company policies, and accounting standards.

5. Month-End Activities

Accrue expenses and prepare necessary journal entries for month-end closing.

Assist in AP aging analysis and working capital monitoring.

Key Skills & Competencies

Knowledge of accounting principles and AP processes.

Hands-on experience with ERP systems (SAP, Oracle, etc.).

Strong Excel skills for reporting and reconciliation.

Attention to detail and ability to work with deadlines.

Good communication and coordination skills.