Senior Executive - Accounts Payable

About Advith ITeC

Join Indias innovative fintech consulting company revolutionizing traditional accounting and consulting through AI and automation! ITeC stands for Information Technology enabled Consulting. We have a dedicated team of individuals that are trained on tasks related to finance consulting and compliance management. We are now expanding our Technology vertical and here is an opportunity to join us.

Job Title: Accounts Payable Senior Executive

Experience: 2–3 Years

Location: Udupi

Job Summary

We are looking for a detail-oriented Accounts Payable Executive with 2–3 years of experience to manage the companys payable processes. The ideal candidate should have a good understanding of invoice processing, vendor management, payment processing, and accounting principles while ensuring accuracy and compliance with company policies.

Key Responsibilities

• Process vendor invoices accurately and within defined timelines.
• Verify invoices against purchase orders, contracts, and supporting documents.
• Prepare payment schedules and process payments through bank transfers, NEFT/RTGS, or cheques.
• Reconcile vendor statements and resolve invoice discrepancies.
• Maintain accurate accounts payable records and documentation.
• Coordinate with internal departments for invoice approvals and payment clarifications.
• Ensure timely payment to vendors as per agreed payment terms.
• Handle employee reimbursement claims and verify supporting documents.
• Assist in month-end and year-end closing activities related to accounts payable.
• Prepare AP reports, aging reports, and MIS reports as required.
• Ensure compliance with GST, TDS, and other statutory requirements applicable to vendor payments.
• Support internal and external audits by providing necessary documentation.

Required Skills

• Good knowledge of Accounts Payable processes.
• Understanding of GST, TDS, and basic accounting principles.
• Experience with ERP systems such as SAP, Oracle, Tally, Microsoft Dynamics, or similar.
• Proficiency in Microsoft Excel (VLOOKUP, Pivot Tables, basic formulas).
• Strong attention to detail and accuracy.
• Good communication and interpersonal skills.
• Ability to manage multiple tasks and meet deadlines.
• Ability to work for multiple clients and manage their Accounts Payable.

Qualifications

• Bachelors degree in Commerce (B.Com), Finance, Accounting, or a related field.
• 2–3 years of experience in Accounts Payable or Finance Operations.

Preferred Skills

• Experience in invoice processing with high transaction volumes.
• Exposure to month-end closing activities.
• Ability to work independently and collaboratively in a team environment.
• Strong analytical and problem-solving skills.