10 Foreign Exchange Jobs in Noida

Job Summary: We are seeking a detail-oriented and experienced Accounts Payable Specialist to manage and oversee accounts payable operations, including foreign payments, GST reconciliation, and compliance. The ideal candidate will have expertise in regulatory frameworks, tax provisions, and proficiency in software tools and Excel.

Key Responsibilities:

1. Invoice Verification: Ensure the accuracy and completeness of vendor invoices before processing payments.

2. Payment Scheduling: Manage payment cycles effectively and ensure timely disbursement to vendors.

3. Compliance Monitoring: Ensure strict adherence to organizational policies and government regulations during payment processing.

4. Vendor On boarding: Verify vendor credentials during on boarding and maintain updated records in the system.

5. Reconciliation: Regularly reconcile accounts payable ledgers with vendor statements.

6. Automation Tools: Leverage automation tools or software to streamline the accounts payable process for efficiency.

7. Reporting: Generate periodic accounts payable reports and analyze trends for process improvements.

8. Foreign Payments:

• Manage and monitor foreign payment processes.
• Ensure compliance with FEMA regulations and prepare related documentation.

9. GST Reconciliation & Filing:

• Perform monthly GST reconciliations and ensure accurate filings.
• Resolve discrepancies in input tax credit (ITC) reconciliations.

10. TDS Compliance & Amendments:

• Process and review TDS entries and amendments.
• Ensure compliance with TDS regulations and timely submissions.

11. 15CA/15CB Compliance:

• Prepare and file Form 15CA/15CB in line with government regulations.
• Coordinate with banks and auditors for accurate documentation.

12. DTAA Application:

• Ensure correct interpretation and application of DTAA provisions for payments.
• Facilitate tax treaty benefits for foreign transactions.

13. Procure-to-Pay (P2P) Process Management:

• Oversee the accounts payable cycle, including invoice processing, vendor payments, and reconciliations.
• Maintain relationships with vendors to ensure smooth operations.

14. Provisions & Prepaid Accounting:

• Process provision entries and manage prepaid expenses in financial records.
• Support month-end and year-end closing activities.

15. Software & Excel Proficiency:

• Utilize financial software for accounts payable operations.
• Prepare and analyze complex Excel spreadsheets for data management.

Qualifications and Skills:

• Bachelor's degree in Accounting, Finance, or a related field; MBA/M.Com preferred.
• Minimum 5 years of experience in accounts payable or financial operations.
• Strong understanding of GST, TDS, and compliance requirements.
• Proficiency in financial software and advanced Excel.
• Excellent attention to detail, organizational, and communication skills.