Greetings from Intercont Freight Liners!!
We are currently hiring for Accounts Payable
Role Overview
The Accounts Executive – Payables is responsible for managing end-to-end accounts payable functions, ensuring timely and accurate processing of vendor payments, maintaining strong vendor relationships, and ensuring compliance with internal financial controls and policies.
Key Responsibilities
Role Overview The Accounts Executive – Payables is responsible for managing end-to-end accounts payable functions, ensuring timely and accurate processing of vendor payments, maintaining strong vendor relationships, and ensuring compliance with internal financial controls and policies.
- Manage the complete accounts payable cycle, including invoice verification, processing, and payment execution
- Ensure all vendor payments are processed accurately and within agreed timelines
- Monitor and control aging of payables to optimize cash flow Payment Processing & Banking
- Initiate vendor payments in USD and INR after obtaining prior approval from the Reporting Manager, and share payment details with vendors post-processing
- Ensure timely banking activities, including: o Following up with banks for SWIFT copies of transactions o Recording bank payment entries, including applicable bank charges Invoice Verification & Compliance
- Verify and review purchase invoices thoroughly before processing payments
- Ensure compliance with company policies, statutory requirements, and audit standards
- Maintain proper documentation and audit trails for all transactions
Vendor Management
- Maintain effective communication with vendors for queries, clarifications, and payment updates
- Perform regular vendor reconciliations and resolve discrepancies in a timely manner
- Build and maintain strong vendor relationships
MIS & Reporting
- Prepare weekly MIS reports on vendor outstanding dues to support payment planning and target setting
- Assist in preparing monthly closing reports, schedules, and analysis
- Provide data and reports required for internal and external audits Controls & Accuracy
- Ensure accuracy and timeliness of all payments, adhering strictly to internal controls and deadlines
- Immediately report any payment discrepancies to the Reporting Manager
- Identify and highlight any process gaps or risks in the payable cycle Additional Responsibilities
- Support process improvements and automation initiatives within the AP function
- Assist in month-end and year-end closing activities
- Undertake additional responsibilities as assigned based on business requirements
Pay: ₹10,000.00 - ₹25,000.00 per month
Benefits:
- Health insurance
- Provident Fund
Work Location: In person
