Purpose of Position:

To ensure accurate accounting, timely processing of accounts payable transactions, maintenance of

general ledger records, GST compliance, and support for financial reporting while adhering to

company policies and accounting standards.

Key Responsibilities & Accountabilities: 

Key responsibilities include following major tasks:

1. Accounts Payable Management

· Process vendor invoices accurately and within agreed timelines.

· Manage invoice verification, coding, and posting in ERP systems (SAP/Oracle/Tally).

· Perform 2-way and 3-way matching of purchase orders, goods receipts, and invoices.

· Process employee reimbursements and vendor payments.

· Monitor outstanding payables and resolve vendor queries. 

2. General Ledger Accounting

· Prepare and post journal entries, accruals, prepayments, and provisions.

· Perform monthly GL reconciliations and ensure ledger accuracy.

· Support month-end and year-end closing activities.

· Maintain accounting records in accordance with accounting standards and company policies.

3. CAPEX & OPEX Accounting

 · Account for capital expenditure (CAPEX) and operational expenditure (OPEX) transactions.

· Maintain fixed asset records and capitalization schedules.

· Ensure proper classification and accounting treatment of expenses.

Principal Challenges:

· Managing high volumes of invoices while maintaining accuracy.

· Ensuring timely closure of monthly accounting activities.

· Resolving discrepancies in vendor invoices, purchase orders, and receipts.

· Keeping up with changes in GST and accounting regulations.

· Meeting strict reporting and compliance deadlines.

Qualifications:

· Bcom / MCom / MBA with a consistent academic record.

· Additional certifications in Accounting, Taxation, or ERP systems will be an advantage.

Minimum Work Experience: · Min. 3 years of relevant experience. · 2–5 years of experience in Accounts Payable, General Ledger, and GST accounting.

Skills & Competencies Required:

· Strong knowledge of Accounts Payable and General Ledger processes.

· Experience with Oracle.

· Understanding of accruals, prepayments, provisions, invoicing, CAPEX, and OPEX accounting.

· Knowledge of 2-way matching and 3-way matching processes.

· Good understanding of GST compliance and reconciliations.

· Proficiency in MS Excel (VLOOKUP, Pivot Tables, basic formulas)