Accounts Payable Accountant

Location: Jaipur

Job Description:

We are seeking a skilled and detail-oriented Accounts Payable (AP) Accountant to join our Outsourcing Services team. The AP Accountant will play a critical role in providing accounts payable support to our clients, ensuring accuracy, efficiency, and compliance with Client’s SOPs, Policies and accounting standards. The ideal candidate will have excellent knowledge of accounting and using accounting software, excellent communication skills, and a commitment to delivering exceptional client service.

Key Responsibilities:

• Process vendor invoices accurately and efficiently on behalf of clients, ensuring proper coding, approvals, and documentation in accordance with client policies and procedures.
• Review vendor statements and reconcile accounts payable balances, identifying and resolving discrepancies to ensure accurate financial reporting.
• Prepare and process payments for clients, including checks, electronic transfers, and ACH payments, adhering to payment terms and schedules established by clients.
• Maintain accurate and up-to-date accounts payable records for clients, including vendor master data, invoice registers, and payment processing logs.
• Assist clients with month-end and year-end close processes related to accounts payable, including accruals, reconciliations, and reporting as needed.
• Monitor accounts payable aging reports for clients, proactively identifying past due invoices and communicating with vendors to facilitate timely resolution and payment.
• Collaborate with client stakeholders, including procurement, finance, and operations teams, to address inquiries, resolve issues, and improve processes related to accounts payable.
• Ensure compliance with client-specific internal controls, policies, and procedures related to accounts payable processing and reporting.
• Assist clients with tax compliance activities related to accounts payable transactions, including TDS, GST, and other direct & indirect tax filings, ensuring accuracy and timeliness in reporting and remittance.
• Stay informed about changes in accounting standards, tax laws, and regulations affecting accounts payable transactions, and provide guidance and recommendations to clients as needed.

Qualifications & Experience:

• Bachelor’s degree in accounting or equivalent qualification.
• 0-2 years of experience in accounts payable or related accounting role, with a strong understanding of accounts payable processes and principles.
• Proficiency in accounting software and ERP systems, with experience in accounts payable modules and electronic payment platforms.
• Excellent attention to detail and accuracy, with the ability to review and analyze large volumes of data efficiently.
• Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Effective communication skills, both verbal and written, with the ability to interact professionally with internal and external stakeholders.
• Knowledge of tax compliance requirements related to accounts payable transactions, including direct and indirect tax filings.
• Ability to work independently and collaboratively within a team, demonstrating initiative, problem-solving skills, and a commitment to continuous improvement.

This job description is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Management reserves the right to modify duties or assign other duties as necessary.