Job Description
Job Description - Executive Accounts Payable
Location: Madurai
Department: Finance & Accounts
Role Purpose:
The Executive -Accounts Payable manages the end-to-end Procure-to-Pay (P2P, Iifecycle in Microsoft Dynamics 365 ERP. The role ensures accurate invoice processing, statutory compliance (TDS & GST). reconciliations, and timely month-end closing, while maintaining seamless cross-departmental coordination, The role also includes generation of ageing reports on payment days and posting the payment entries in the ERP System.
Key Responsibilities
- Invoice Processing (P2P)
Process PO & Non-PO vendor invoices in Dynamics 365 with correct GL coding.
Enforce 3-way/2-way match compliance.
Achieve ≤2-day posting TAT with ≥99% accuracy. Resolve discrepancies with Other Division teams.
- Vendor Management & Reconciliation
Perform vendor ledger reconciliations and maintain Supplier Advance Tracker.
Follow up on advances/liabilities and validate PQ with procurement.
Provide GL code confirmations to stakeholders.
- Compliance & Statutory Controls
Ensure accurate TDS deductions and GST ITC availment/non-availment.
Prepare data for Section 195 TDS payments and statutory filings.
- Payment and BRS
Ensuring generation of correct vendor ageing thrice a week.
Posting of accurate payment entries and Travel expense entries.
Preparation of weekly BRS.
Maintenance of Bank details in Vendor Master.
- Month-End Closing & Reporting
Execute AP close activities per calendar.
Generate vendor advance and liability reports.
Publish Tableau dashboards using Dynamics 365 data.
Prepare audit schedules and maintain secure documentation.
- Communication & Coordination
Manage AP mailbox and vendor/internal queries.
Coordinate with Stores, Admin, Procurement, HR to clear payment pipeline blockers.
Requirements:
- Bachelor's/Masters degree in commerce, Accounting, or Finance (B.Com / M.Com/ MBA Finance).
- 2-3 years of core AP/P2P experience.
- Hands-on expertise in Microsoft Dynamics 365 (Finance & Operations) is an added advantage.
- Strong knowledge of GST rules and TDS (incl. Sec. 195).
- Proficiency in MS Excel.
- Excellent communication skills and ability to meet tight deadlines.
