Senior Accounts Payable Executive

Job Description

Role & responsibilities Role Overview: An Senior Executive Payable is responsible for overseeing the accounts payable processes, ensuring timely and accurate processing of invoices, managing payment schedules, and maintaining strong relationships with vendors and internal teams. This role involves meticulous attention to detail, effective communication, and a deep understanding of financial protocols and systems. Key Responsibilities: Invoice Processing : Validate invoices by checking material specifications, rates, amounts, purchase orders (POs), and approval documentation. Ensure compliance with company policies and financial standards during invoice processing. Expense and Payment Management : Review and process transport expenses, ensuring proper documentation for driver and vendor settlements. Track and manage payment entries in the accounting system. Vendor and Team Coordination : Communicate with vendors to resolve payment issues and discrepancies. Collaborate with the Operations team to confirm daily payment plans, approvals, and document submissions. Reconciliation : Prepare and review Daily Movement Reports (DMRs) to ensure accuracy in rates, gate passes, diesel usage, and transporter costs. Reconcile outstanding balances and ensure all records are up-to-date. Reporting : Generate reports on payables, outstanding balances, and payment status. Provide insights and recommendations for improving the accounts payable process. Skills Required: Strong analytical and problem-solving skills. Proficiency in Tally accounting software and MS Excel. Excellent communication and interpersonal skills. Attention to detail and high accuracy in work. Ability to manage multiple tasks and meet deadlines. Knowledge of financial regulations and compliance standards. Preferred candidate profile Perks and benefits