Accounts Payable Executive

The Role

The role appears to be that of a Finance Specialist responsible for managing the company's AP operations, ensuring compliance with regulations, and optimising financial processes to support the organization's objectives.

Skills Requirements

Mandatory Skillset - Accounting and Banking Knowledge, Statutory Payments, Cash Flow, Monthly and Yearly Books Closing

Secondary Skillset  SAP, MIS, Audit, MS Excel, and Communication Skills

Requirements

• Perform day-to-day bank accounting tasks in SAP.
  
• Conduct monthly bank reconciliation.
  
• Handle payments to vendors, subcontractors, credit card companies, utility providers, visa fees, and online purchases from ecommerce websites.
  
• Manage statutory payments such as income tax, PF (Provident Fund), ESIC (Employee State Insurance Corporation), PT (Professional Tax), NPS (National Pension System), and GST (Goods and Services Tax).
  
• Disburse salaries at month-end and reconcile salary payable accounts, PF payable, ESIC payable, NPS payable, etc.
  
• Maintain an inward remittance tracker and submit relevant documents for Softex settlement against advance receipts.
  
• Facilitate forex transactions for employees traveling overseas on B1 Visa (USA, UK, Europe & Ireland).
  
• Open and close bank accounts as per requirements and complete necessary bank formalities.
  
• Handle bank formalities for new loans and loan renewals.
  
• Address audit points and assist team members during audit periods for a smooth audit process.
  
• Coordinate with managers and business unit heads to assess weekly cash flow requirements.