Senior Executive Accounts Payable

Job Title: Senior Executive Accounts Payable
Location: Coimbatore
Department: Accounts Payable
Reports To: Manager

About Consolidated Private Limited:
Consolidated is a diversified Consumer Electronics, IT Infra, and Value-Added Services company
having the Business Verticals of Retail, Service, B2B, and Wellness of Top leading Brands with a
significant presence across South India. Since 2006, Consolidated Retail has been growing
exponentially in the retail space, with over 60+ brand stores and 50+ authorized service centers
across Tamil Nadu, Karnataka, Kerala & Maharashtra. Being the flagship arm of the Consolidated
Group, which was established in the city of Coimbatore in 1971, we are a Retail, Service, Enterprise & Wellness brand organization with a core emphasis on excellence in customer experience. With combined management expertise of over 50+ years and 900+ dedicated professionals, consolidated is poised to take on the next wave of growth and challenges in the market space by partnering with the best brands in the market.

Job Overview: The Accounts Payable Executive will play a crucial role in managing and
overseeing all accounts payable activities within the company. This position is responsible for
ensuring timely and accurate processing of payments to vendors and suppliers, maintaining up-to- date financial records, and managing various accounting functions to support month-end closing and audit processes. The ideal candidate will be detail-oriented, highly organized, and capable of maintaining strong vendor relationships, ensuring compliance with tax regulations, and adhering to internal timelines for payment and recordkeeping.

Responsibilities Include:
o Do the scrutiny of the books of accouevery weekasis
o Monitor accounts to ensure payments are up to date.
o Keeping track of all payments and expenditures, invoices, statements, etc.
o Verifying whether all bills are covered under TDS
o Ensure accounting of all purchase bills within the TAT
o Communicate effectively with vendors regarding payment inquiries and discrepancies.
o Assist in month-end closing processes, including reconciling accounts payable transactions.
o Provide supporting documentation for audits
o Release the payment to the suppliers within the agreed credit period
o Reconciliation of supplier statements, credit notes, debit notes, etc
o Verifies vendor accounts by reconciling monthly statements and related transactions.
o Maintains records
o Ability to maintain good vendor relationships
o Prepare and submit ad-hoc reports as requested by the Management from time to time.

Minimum requirements:
a. Good in Microsoft Excel
b. Good communication skills
c. Experience in handling the accounts of Private Limited Company
d. Good knowledge of TDS, GST, Income Tax, etc
e. Ability to work under pressure and meet tight deadlines