Account Executive-Treasury

Role & responsibilities

• Receive, verify, and process vendor invoices, bills, and payment requests.
• Ensure invoices are supported by appropriate purchase orders, goods receipt notes, and approvals, wherever applicable.
• Perform invoice verification, accounting entries, and expense coding in the accounting system.
• Ensure timely processing of vendor payments in accordance with agreed payment terms.
• Reconcile vendor statements and resolve discrepancies in invoices, payments, and outstanding balances.
• Maintain accurate records of invoices, debit notes, credit notes, and payment transactions.
• Coordinate with procurement, internal departments, and vendors to resolve invoice-related queries.
• Monitor outstanding payables and prepare reports on pending invoices and upcoming payments.
• Assist in month-end closing activities, including accounts payable reconciliations and accruals.
• Support internal and external audits by providing invoices, payment records, and other supporting documents.
• Ensure compliance with company policies, accounting procedures, and applicable tax requirements, including GST and TDS, wherever applicable.
• Identify duplicate invoices and discrepancies to maintain accuracy and prevent incorrect payments.
• Prepare accounts payable MIS reports and assist with process improvements.

Required Skills and Competencies

• Good knowledge of accounts payable processes and accounting principles.
• Working knowledge of GST, TDS, invoice processing, and vendor reconciliation.
• Proficiency in MS Excel, including formulas, lookup functions, and data reconciliation.
• Experience with accounting software or ERP systems such as SAP, Oracle, or Tally.
• Strong analytical, numerical, and problem-solving skills.
• Good communication and vendor management skills.
• High attention to detail, accuracy, and ability to meet deadlines.

Educational Qualification and Experience

• B.Com, M.Com, MBA Finance, or an equivalent qualification.
• 25 years of relevant experience in accounts payable or finance operations.
• Experience in invoice processing, vendor reconciliation, payment processing, and ERP systems will be preferred.

Key Performance Indicators (KPIs)

• Accuracy and turnaround time of invoice processing.
• Timely vendor payments.
• Number of pending or disputed invoices.
• Accuracy of vendor reconciliations.
• Compliance with internal controls and documentation requirements.

Preferred candidate profile