Accounts Payable

Location: Penukonda

Job Description

Ø Strategy

Timely monitoring of invoice posting by teammates.
Preparation of departmental budget requirements
Coordinating with other departments and conducting meetings for timely resolution of queries and getting the financial data required whenever required on time.

Ø Daily duties and responsibilities

Ø

Approving the Invoices verified by AP team on daily basis and ensure the invoices are processed on time without any escalations from plant functions.
Understand the agreements and ensure the payments are processed accurately without any deviation.
Leading the AP team for Vendor reconciliations by segregations of duties and ensure completion of reconciliation on time and time resolution of reconciliation differences.
Sharing audit information both for internal audit and statutory audit and resolving the audit observation on time.
Preparation of month end MIS reports for management approval with detailed analysis of aged items and action plan for resolving the old aged items.
Preparation of MSME reports ensure 100% payment for MSME vendors within due date.
Coordinate with other departments for month end provision requirements and posting of provisions for on time closure of books of accounts under tight schedules.
Review of aged provisions and taking appropriate actions to book invoices on time.
Introducing new processes and automations in Accounts payable team on regular basis in-order to maintain accuracy and efficiency.
Better understanding of custom transaction of import and export clearance processes from AP perspective.
Working knowledge on RODTEP and Duty Drawback requirements.
Working knowledge on fixed asset accounting and reconciliations.

Good analytical skills and speed and accuracy in deliverables.
Good communication skills and collaborative approach in taking the assigned tasks.
Working SAP knowledge in automobile sector is added advantage

Qualifications

Required Qualifications

Skills Required

Accounts Payable, Invoice Processing, customs accounting, Fixed Asset Management

Location

Penukonda, Andhra Pradesh, India

Posted On

Years Of Experience

3 to 5 years