Job Description

The Senior Executive – Accounts Payable will be responsible for managing vendor invoices, employee reimbursements, payment processing, reconciliations, and ensuring compliance with company policies and statutory requirements. The role involves close coordination with procurement, business teams, and vendors to ensure smooth and timely financial operations while maintaining audit-ready records and driving process efficiency.

➢ Essential Functions

• Process and verify vendor invoices, employee reimbursements, and payment requests accurately and within timelines.
• Ensure proper accounting entries and adherence to company policies and statutory requirements.
• Coordinate with procurement teams, business functions, and vendors for invoice clarifications and approvals.
• Prepare payment schedules and support timely vendor payments through NEFT/RTGS/Cheque transfers.
• Perform vendor account reconciliations and resolve discrepancies promptly.
• Monitor outstanding payables and maintain aging reports.
• Ensure accurate processing of TDS, GST, and other applicable deductions.
• Maintain proper documentation and audit-ready records.
• Support month-end and year-end closing activities related to accounts payable.
• Assist internal and external audits by providing required data and documentation.
• Drive process improvements and ensure adherence to SOPs and compliance guidelines.
• Handle vendor queries professionally and maintain strong stakeholder relationships.

➢ Additional Responsibilities

• Identify opportunities to improve process efficiency and controls.
• Collaborate with cross-functional teams to ensure seamless financial operations.
• Support ad hoc projects and initiatives within the Finance & Accounts function.
• Maintain confidentiality and uphold high standards of integrity in financial processes.

Qualifications

• Bachelor’s degree in Commerce, Finance, or Accounting (B.Com/M.Com preferred).
• MBA Finance or relevant professional certification will be an added advantage.

➢ Education

• B.Com / M.Com from a recognized university.
• MBA (Finance) or equivalent qualification preferred.

➢ Experience

• 3–6 years of experience in Accounts Payable or Finance Operations.
• Prior experience in the pharmaceutical, healthcare, FMCG, or manufacturing industry will be preferred.
• Hands-on experience with ERP systems and vendor management processes.

➢ Skills

• Strong understanding of Accounts Payable processes and accounting principles.
• Knowledge of GST, TDS, and statutory compliance requirements.
• Proficiency in MS Excel and ERP systems such as SAP, Oracle, or Tally.
• Strong analytical and reconciliation skills.
• Excellent attention to detail and accuracy.
• Effective communication and stakeholder management skills.
• Ability to manage multiple tasks and work within strict timelines.
• Problem-solving mindset and process-oriented approach.
• High integrity, confidentiality, and collaborative working style.