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58 Upstox Jobs

Specialist - Accounts Payable

3-5 years

Mumbai

1 vacancy

Specialist - Accounts Payable

Upstox

posted 5mon ago

Job Description

  • Manage the accounts payable process from receipt of invoices to payment disbursement, ensuring accuracy and adherence to company policies and procedures.
  • Leasing month end closing activities including Accruals, prepaid, provision, adjustment entries
  • Review and approve vendor invoices, expense reports, and payment requests in accordance with established guidelines.
  • Coordinate with internal departments to obtain necessary approvals and resolve invoice discrepancies in a timely manner.
  • Maintain vendor records, including accurate contact information, payment terms, and banking details.
  • Process weekly, monthly, and ad hoc payment runs
  • Reconcile vendor statements and resolve any outstanding balances or discrepancies.
  • Prepare accruals and month-end closing entries related to accounts payable transactions.
  • Monitor and analyze accounts payable aging reports to identify trends and potential issues, and take proactive measures to address them.
  • Implement process improvements to enhance efficiency, accuracy, and scalability of the accounts payable function.
  • Stay up-to-date on relevant accounting standards, regulations, and best practices, and ensure compliance with all applicable laws and regulations.
  • Monitoring cash & bank balances and movement of funds, ensuring optimum utilization of funds
  • Review the process to bring effectiveness & efficiency via process improvements.
  • To handle regulatory, tax, compliance & audit requirement for the process assigned
  • Lead change management in re-designing business process

Employment Type: Full Time, Permanent

Read full job description

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People are getting interviews at Upstox through

(based on 19 Upstox interviews)
Job Portal
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Company Website
Campus Placement
Walkin
Recruitment Consultant
37%
16%
11%
5%
5%
5%
21% candidates got the interview through other sources.
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What people at Upstox are saying

What Upstox employees are saying about work life

based on 151 employees
72%
61%
69%
95%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Upstox Benefits

Work From Home
Job Training
Health Insurance
Soft Skill Training
Cafeteria
Team Outings +6 more
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