Accounts Payable

Job Description: Accounts Payable – Team Member. If interested please DM or mail at [Confidential Information]

Location Lower Parel

Payroll- 3rd party payroll

Key Responsibilities

a. Follow threeway matching in Accounts Payable.

b. Process PO and NonPO invoices for materials, services, and advance payments.

c. Ensure compliance with DOA (Delegation of Authority) for approvals and adhere to payment terms as per PO/LOA.

d. Perform vendor account reconciliations.

e. Prepare and maintain MIS reports for Accounts Payable.

f. Prepare and follow up on weekly Hold Reports with business users.

g. Ensure monthly closure of pending GR/IR.

h. Settle advances and follow up with business users for invoice submissions where work/services have been completed.

i. Ensure compliance and accuracy related to GST, TDS, and accounting standards, including passing correction entries where required.

j. Process MSME vendor invoices on a timely basis and ensure no penal interest is incurred due to delays.

k. Proactively follow up with internal stakeholders/endusers to resolve invoicerelated queries.

l. Maintain a structured communication log to track query status, resolution timelines, and recurring issues.

m. Handle highvolume invoice processing, with a target of 80–100+ invoices per day through VIM.

MustHave Skills

a. Strong knowledge of accounting entries.

b. Ability to apply TDS and GST provisions correctly.

c. Understanding of Reverse Charge Mechanism (RCM) under GST.

d. Adjustment of advances and compliance with PO terms, including retentions, liquidated damages, and bank guarantees.

e. Knowledge of eligible and ineligible GST credits and validation of vendor invoices.

f. Proficiency in MS Excel for reconciliations and payment workings.

g. Understanding of MSME provisions and implications of noncompliance with MSME regulations.