Finance Accountant- Accounts Payable OR Receivable

Job Description:
We are seeking a skilled, detail-oriented, and experienced Accounts Payable and Receivable
(AP/AR) Accountant to join our Outsourcing Services team. The AP/AR Accountant will manage
both the accounts payable and receivable processes for our clients, ensuring accuracy,
efficiency, and compliance with accounting standards and client-specific policies. The ideal
candidate will have a strong understanding of both accounts payable and receivable processes,
excellent communication skills, and the ability to deliver exceptional client service.
Key Responsibilities:
• Accounts Payable (AP) Responsibilities:
o Process vendor invoices accurately and efficiently, ensuring proper coding,
approvals, and documentation.
o Review vendor statements and reconcile accounts payable balances, identifying
and resolving discrepancies.
o Prepare and process payments (checks, electronic transfers, ACH) as per client
schedules.
o Maintain accurate accounts payable records, including vendor master data and
payment logs.
o Assist with month-end and year-end close processes for accounts payable,
including accruals and reconciliations.
o Monitor accounts payable aging reports and follow up on past due invoices to
ensure timely payment.
o Collaborate with procurement, finance, and operations teams to address
payables-related inquiries and improve processes.
o Ensure tax compliance related to payable transactions (e.g., TDS, GST) and
provide guidance on relevant tax laws.
• Accounts Receivable (AR) Responsibilities:
o Manage the accounts receivable process, including invoicing, billing, and
collections.
o Generate and distribute client invoices, ensuring accuracy and timely approvals.
o Monitor accounts receivable aging reports, identify overdue invoices, and follow
up with customers for payment.
o Maintain accurate accounts receivable records, including customer master data
and collection notes.
o Reconcile customer accounts, resolve discrepancies, apply payments, and
issue credit memos as needed.
o Assist with month-end and year-end close processes for accounts receivable,
including bad debt reserves and reporting.
o Collaborate with sales, customer service, and finance teams to resolve disputes
and improve receivables processes.
o Ensure tax compliance for receivables (e.g., GST, VAT) and stay informed on
changes in tax laws and accounting standards.
This job description is intended to convey information essential to understanding the scope of
the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working
conditions associated with it. Management reserves the right to modify duties or assign other
duties as necessary.