Accounts Payable Professionals

Job highlights

• Required

Strategy

Timely monitoring of invoice posting by teammates

Preparation of departmental budget requirements

Coordinating with other departments and conducting meetings for timely resolution of queries and getting the financial data required whenever required on time

Daily duties and responsibilities

Approving the Invoices verified by AP team on daily basis and ensure the invoices are processed on time without any escalations from plant functions

Understand the agreements and ensure the payments are processed accurately without any deviation

Leading the AP team for Vendor reconciliations by segregations of duties and ensure completion of reconciliation on time and time resolution of reconciliation differences

Sharing audit information both for internal audit and statutory audit and resolving the audit observation on time

Preparation of month end MIS reports for management approval with detailed analysis of aged items and action plan for resolving the old aged items

Preparation of MSME reports ensure 100% payment for MSME vendors within due

Coordinate with other departments for month end provision requirements and posting of provisions for on time closure of books of accounts under tight schedules

Review of aged provisions and taking appropriate actions to book invoices on time

Introducing new processes and automations in Accounts payable team on regular basis in-order to maintain accuracy and efficiency

Better understanding of custom transaction of import and export clearance processes from AP perspective

Working knowledge on RODTEP and Duty Drawback requirements

Working knowledge on fixed asset accounting and reconciliations

Good analytical skills and speed and accuracy in deliverables

Good communication skills and collaborative approach in taking the assigned tasks

Working SAP knowledge in automobile sector is added advantage

Required Qualifications