Accounts Payable Executive

Job Title: Accounts Payable Executive Department: Finance & Accounts Reports To: Finance Manager / Accounts Manager Job Summary The Accounts Payable Executive is responsible for managing and processing supplier invoices, ensuring timely payments, maintaining accurate financial records, and supporting month-end closing activities. The role requires strong attention to detail, accuracy, and compliance with company policies and accounting standards. Key Responsibilities Review, verify, and process vendor invoices and payment requests.

Match invoices with purchase orders and goods receipt notes (3-way matching). Ensure timely and accurate payments to suppliers and vendors. Reconcile vendor statements and resolve payment discrepancies.

Maintain accounts payable records and supporting documentation. Prepare payment runs through bank transfers, cheques, or online payment systems. Monitor accounts to ensure payments are up to date.

Assist in month-end and year-end closing activities. Record journal entries related to accounts payable transactions. Coordinate with internal departments and vendors regarding invoice and payment issues.

Ensure compliance with company policies, tax regulations, and audit requirements. Generate AP aging reports and other management reports as required. Required Qualifications Bachelor's degree in accounting, Finance, Commerce, or related field. 1–5 years of experience in Accounts Payable or a similar accounting role.

Knowledge of accounting principles and AP processes. Proficiency in MS Excel and ERP systems (e.g., SAP, Oracle, Tally, NetSuite). Strong analytical and problem-solving skills.

Excellent attention to detail and organizational abilities. Preferred Skills Experience with invoice processing and vendor management. Knowledge of GST/VAT, withholding tax, and statutory compliance.

Ability to work under deadlines and manage multiple tasks. Good communication and interpersonal skills. Key Performance Indicators (KPIs) Invoice processing accuracy rate.

Timeliness of vendor payments. Number of unresolved vendor disputes. Compliance with payment schedules.

Accuracy of AP reconciliations and reporting. Salary Range: Based on experience and company standards. Location: Okhla Phase 3 Employment Type: Full-time