Asst Officer - Accounts Payable

Role & responsibilities

-Invoice Processing:

Supervising the processing of invoices received from vendors for goods and services provided
to the manufacturing unit. This includes ensuring the accuracy, completeness, and timely
processing of invoices.

-Vendor Management involves managing relationships with vendors and suppliers, including
communicating regarding invoices and payment terms and resolving any discrepancies or
issues that may arise.

-Payment Processing:

This involves overseeing the preparation and processing of payments to vendors, which may
include issuing checks, initiating electronic payments, or utilizing other payment methods as
per company policies and procedures.

-Expense Management:

Monitoring and controlling expenses related to accounts payable activities, ensuring
adherence to budgetary constraints and cost-saving measures.

Account Reconciliation involves reconciling accounts payable transactions and ensuring

-accuracy in financial records.

It involves matching invoices with purchase orders and receipts, resolving discrepancies, and
maintaining proper documentation.

-Supervision and Training:

Providing leadership and guidance to accounts payable staff, including training, assigning
tasks, and monitoring performance to ensure efficiency and effectiveness in daily operations.

-Compliance and Reporting:

Ensuring compliance with relevant laws, regulations, and internal policies governing accounts
payable processes and generating reports on accounts payable activities, such as aging
reports, cash flow analysis, and vendor performance metrics.

-Process Improvement:

Identifying opportunities for process improvements and implementing best practices to
streamline accounts payable procedures, enhance efficiency, and reduce costs.

Cross-functional Collaboration: Collaborating with other departments, such as purchasing,
inventory management, and finance, to facilitate smooth workflow and resolve issues related
to accounts payable processes.

-Audit Support: Providing documentation, explanations, and support related to accounts
payable transactions and procedures to assist with internal and external audits.

Preferred candidate profile

Audit Support: Providing documentation, explanations, and support related to accounts payable transactions and procedures to assist with internal and external audits.

Perks and benefits