Accounts Payable Specialist
- Hyderabad, Telangana
- Permanent
- Full-time
- Perform accounting and clerical duties related to Accounts Payable Process.
- Receive invoices from vendors, review and process them, using accounting software and standard company procedures to document purchases to assure maximum consistency of the information
- Completing assigned work and maintaining required SLA's and TAT's. Maintaining Quality of the work as required standards.
- Perform three-way match and validation and process PO & Non-PO invoices accordingly
- Should have strong exposure to AP accounting and taxation across global regions.
- Ensure compliance with VAT, GST, and other local tax regulations, and provide support for tax reporting requirements.
- Knowledge of intercompany transactions, accounting, and reconciliations.
- Good knowledge of contractor invoice validation and accounting.
- Should have good knowledge of India AP processes and Indian tax laws.
- Maintain professionalism and confidentiality with all job tasks in order to safeguard company knowledge and resource suppliers as well as industry positioning
- Analyze discrepancies with invoices and research information to discover the source of the problem, making sure all disbursements are correct and suggesting procedure changes so the problem is unlikely to happen again
- Clearing Holds/ Rejections on time
- Utilize clear and professional communication while performing job duties
- Exercise integrity and transparency in financial documentation, reporting other personnel if there is a suspicion of fund misappropriation.
- Preparing Payment batches, sending them for audit, process electronic & Wire transfers and payments on timely manner with accuracy
- Tracking the payment rejections, pending invoices due to vendor updates, or any other holds in the system properly and resolving them with the stipulated time.
- Reconcile accounts payable transactions with the bank statement and able to find any variances, take action to resolve them before the month end.
- Responding to email queries (both internal and external - vendors ) as per SLA.
- Completing all the month end task as per SLA's to ensure smooth closing of month.
- Assisting in provide supporting documentation for audits on regular basis.
- 2 to 4 years of experience in Accounts Payable process
- Knowledge of general accounting procedures
- Knowledge of Oracle system- AP module
- Proficient in data entry and management
- Proficiency in Excel
- Organizing and prioritizing
- Good oral and writing communication skills
- Attention to detail and accuracy
- Confidentiality
- Communication skills
- Vendor relationship skills
- Information management skills
- Problem analysis and problem-solving skills
- Team-work
- Professional integrity
- Ability to meet deadlines