Overview
Job Summary:
We are seeking an experienced Accounts Payable (AP) professional to join our finance team in Hyderabad. The ideal candidate will handle end-to-end accounts payable processes, ensure timely vendor payments, support month-end closing, and help optimize AP operations through automation and best practices.
Key Responsibilities:
– Manage end-to-end accounts payable process – invoice receipt, validation, posting, and payment.
– Ensure 3-way matching of Purchase Order, Goods Receipt, and Invoice.
– Reconcile vendor accounts, resolve discrepancies and maintain clean ledgers.
– Prepare and process electronic transfers and payments (NEFT/RTGS).
– Ensure compliance with GST, TDS, and other Indian taxation regulations.
– Monitor AP aging reports, follow up on outstanding items, and ensure timely closure.
– Liaise with vendors and internal departments to handle payment disputes or queries.
– Assist with month-end closing, accruals, and reporting activities.
– Support audit requirements by preparing documentation and providing analysis.
– Drive process improvements and support automation initiatives in AP functions.
Required Skills and Qualifications:
– Bachelor’s or Master’s degree in Commerce, Finance, or Accounting.
– 4-7 years of hands-on experience in Accounts Payable operations.
– Proficient in ERP systems like SAP, Oracle, or MS Dynamics.
– Good knowledge of Indian tax laws, especially GST and TDS.
– Advanced Excel skills (VLOOKUP, Pivot Tables, Reconciliations).
– Strong analytical, problem-solving, and organizational abilities.
– Excellent communication and stakeholder management skills.
Preferred Qualifications:
– Experience in a shared service environment or MNC.
– Exposure to AP automation tools or workflow systems.
– Knowledge of global payment processing (if applicable).