Role Overview:

We are seeking an experienced and detail-oriented Accounts Payable Executive with hands-on expertise in SAP for our finance team. The ideal candidate will be responsible for managing the accounts payable function, ensuring accurate and timely processing of vendor invoices, payments, and reconciliation. This role demands a strong understanding of accounting principles, excellent organizational skills, and proficiency in SAP to support our financial operations seamlessly.

Key Responsibilities:

Invoice Processing:

Process vendor invoices in SAP, ensuring accuracy in coding, matching, and approvals as per company policies.
Verify the accuracy of invoices against purchase orders, goods receipt notes, and contracts.

Payments and Vendor Management:

Manage timely processing of payments to vendors, ensuring compliance with payment terms.
Address and resolve vendor queries and disputes related to payments.
Maintain strong relationships with vendors and ensure smooth communication.

Reconciliation:

Perform regular reconciliation of vendor accounts and resolve discrepancies.
Reconcile accounts payable ledger with the general ledger to ensure accuracy.

Compliance and Documentation:

Ensure compliance with applicable tax regulations, such as GST, TDS, and other statutory requirements in India.
Maintain proper documentation of invoices, payments, and vendor agreements for audit purposes.

Reporting:

Generate and analyze accounts payable aging reports and provide insights for cash flow planning.
Prepare month-end and year-end reports related to accounts payable.

Process Improvement:

Identify and implement process improvements in the accounts payable function to enhance efficiency.
Ensure adherence to internal controls and financial policies.

Collaboration:

Coordinate with procurement, operations, and other departments to resolve invoice discrepancies and ensure seamless payment processing.
Support internal and external audits by providing necessary documentation and explanations.

Key Qualifications:

Education:
Bachelor's degree in Accounting, Finance, or Commerce.
Additional certifications such as CA-Intermediate, CMA, or related qualifications are a plus.
Experience:
4 to 6 years of experience in accounts payable, preferably in a manufacturing or corporate environment.
Hands-on experience with SAP in accounts payable modules is mandatory.

Key Skills:

Strong proficiency in SAP (Accounts Payable Module) and Microsoft Excel.
Solid understanding of Indian tax laws, including GST and TDS.
Exceptional attention to detail and accuracy in data handling.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal abilities.
Ability to manage multiple tasks and work under strict deadlines.

TEAM LEADER - ACCOUNTS PAYABLE