ob Description – Accounts Payable Executive
Job Title: Accounts Payable Executive
Department: Finance & Accounts
Industry: Freight Forwarding & Logistics
Location: Chennai
Job Summary
We are looking for an Accounts Payable Executive to manage vendor payments, verify invoices, reconcile supplier accounts, and ensure timely processing of payments while maintaining compliance with company policies and accounting standards.
Key Responsibilities
- Process vendor invoices and verify supporting documents.
- Match invoices with Purchase Orders (POs), Goods Receipt Notes (GRNs), or service confirmations.
- Prepare payment vouchers and process payments through bank transfers, cheques, or other payment methods.
- Maintain and reconcile vendor ledgers and accounts payable records.
- Coordinate with vendors to resolve invoice discrepancies and payment-related queries.
- Ensure timely payment to vendors as per agreed credit terms.
- Reconcile supplier statements and resolve outstanding issues.
- Maintain proper documentation and filing of invoices and payment records.
- Record accounting entries in the ERP/accounting system.
- Assist in month-end and year-end closing activities.
- Support GST, TDS, and statutory compliance related to vendor payments.
- Coordinate with internal departments for invoice approvals.
- Prepare accounts payable reports and aging analysis.
- Ensure compliance with company policies and internal controls.
Required Skills
- Good knowledge of Accounts Payable processes.
- Understanding of GST, TDS, and basic accounting principles.
- Proficiency in MS Excel and accounting software/ERP (e.g., Tally, SAP, Oracle, Microsoft Dynamics).
- Strong analytical and reconciliation skills.
- Good communication and vendor coordination skills.
- Attention to detail and ability to meet deadlines.
Qualifications
- B.Com, M.Com, BBA, MBA (Finance), or equivalent.
- Additional accounting certifications are an advantage.
Experience
- 2–5 years of experience in Accounts Payable, preferably in a freight forwarding, logistics, or shipping company.
Preferred Industry Experience
- Freight Forwarding
- Logistics
- Shipping
- Supply Chain
Pay: ₹20,000.00 - ₹24,000.00 per month
Benefits:
- Health insurance
- Leave encashment
- Life insurance
- Provident Fund
Work Location: In person
