Senior Executive-Accounts Payable

Be the First to Apply Job Description Senior Executive-Accounts PayableBusiness: Piramal Realty Department: Finance & Accounts Location: Mumbai Travel: LowJob Description Business: Piramal Pharma Limited Department: Global Business Shared Services Location: Kurla, Mumbai Travel: Low Job Overview: The Accounts Payable (AP) Executive will play a critical role within the GBSS Accounts Payable team by ensuring timely and accurate processing of vendor invoices. Operating within a SAP environment, the AP Executive will be responsible for booking 80–100 invoices per day in compliance with established Service Level Agreements (SLAs). This role demands a detail-oriented individual with strong organizational skills, a commitment to meeting deadlines, and the ability to work efficiently in a high-volume, fast-paced setting. Key Responsibilities Key Responsibilities: - Bill booking and payments - To ensure that bills are processed as per SOP with accurate accounting - Timely Booking & payment (including advance payment) - Tracking of Advances/Imprest - Monthly tracking and follow up with concerned project team for settlement of advance - Creditors Scrutiny and confirmation - Cleaning and ledger scrutiny of vendors accounts - Timely closing of monthly / quarterly books of accounts - To ensure that all provision entries have been accounted for in the books. - To prepare monthly schedules in time. - Tracking of Contract compliances - Checking the contract document before making payments. - Direct tax (TDS) compliances & Indirect Tax Compliances (VAT and service tax, WCT) - Critical review of returns data and returns should be free of errors. - To ensure that Taxes are paid on timely basis & there are no delays in payment of the same. - Petty cash reimbursement accounting, c ash voucher checking and subsequent accounting Essential Qualification Qualification and Experience: - Accounting Graduate/Post Graduate preferably Competencies: - Relevant post qualification work experience of 2-3 years mainly in KPO or Shared Services environment. - Good understanding of the ‘Procure to pay’ value stream. - Relevant experience of Invoice processing in SAP/ERP environment. - Should have SAP knowledge - Relevant knowledge of GST for invoice processing - Relevant knowledge of TDS compliance. - Good Team player with analytical mind. - Command over verbal and written communications. - Ability to communicate effectively with co-workers, managers, and both internal and external stakeholders to the firm. - Should have the experience of working in high performance environment. - Out-put driven and meticulous. Roles & Responsibility :- •Receiving invoices from operating departments for invoice processing and ensuring all approvals for vendor invoices are duly obtained. •Audit and correctly code AP Trade/IC invoices (both with & without PO's) •Process employee expense reports for accuracy and compliance with company policies and procedures.