Job Summary
The Accounts Payables (Payments) Executive is responsible for processing vendor payments accurately and on time, maintaining payment records, reconciling supplier accounts, and ensuring compliance with company policies and statutory requirements.
Key Responsibilities
- Process vendor invoices after verifying supporting documents and approvals.
- Prepare and execute vendor payments through NEFT/RTGS/IMPS, cheque, or other approved payment methods.
- Maintain an accurate payment schedule to ensure timely payments.
- Reconcile vendor statements and resolve payment-related discrepancies.
- Verify purchase orders, goods receipt notes (GRN), and invoices before processing payments.
- Record payment entries in the accounting system.
- Monitor outstanding payables and prepare aging reports.
- Coordinate with the Purchase, Stores, and other departments for invoice verification and payment approvals.
- Maintain proper documentation of invoices, payment vouchers, bank advice, and supporting records.
- Perform bank reconciliations related to vendor payments.
- Ensure compliance with GST, TDS, and other statutory requirements while processing payments.
- Assist in monthly, quarterly, and annual financial closing activities.
- Respond to vendor payment queries and maintain healthy supplier relationships.
- Prepare MIS reports related to accounts payable and payment status.
- Support internal and external audits by providing required documentation.
Pay: ₹240,000.00 - ₹400,000.00 per year
Work Location: In person
