Sr. Executive - Accounts Payable

Employer
Space Matrix Design Consultants
Location
India
Posted
May 23, 2024
Closes
May 29, 2024
Ref
4654463665
Role
Bookkeeper
Level
Staff, Senior
Work Mode
Work from office
Hours
Full Time
Organization Type
Consultancy, Corporate
We are seeking a Sr. Executive Accounts Payable for our Bengaluru office.
For a newly set up shared services team, you will be responsible for providing support to the onshore and offshore teams to ensure accuracy and timeliness of payments to vendors and employees. Also, ensuring the transactions are processed in accordance with the regulations, established policies and procedures and within the SLAs.

Specific Responsibilities
  • Vendor bill verification and accounting.
  • Manage vendor/ supplier relations, accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions.
  • Deduction of TDS at proper rates, creation of details for TDS return filling, verification of GST input credit.
  • Regular review and controlling of Creditors and advance accounts.
  • Co-ordination with banking SPOC for all related works.
  • Ensure regular vendor reconciliation, bank reconciliation and closure of reconciliation points, if any.
  • Plan and manage bi-weekly vendor outflow depending on the company and project cashflows.
  • Handle audit queries related to accounts payable function.
  • Monitor and track monthly vendor invoice collection against client invoicing, to minimize the tax outflow.
  • Monitor back-to-back vendor payment in line with the PO terms and GST law.
  • Compute Percentage of Work Completion (POC) workings as per the Accounting Standards.
  • Assigning budgets for the projects in line with the project budget.
  • Ensure all compliances timely payments all to international locations.
  • Timely reporting of vendor ageing and B2B workings.
  • Responsible for strengthening and automating the processes under responsibility area.

Requirements

What we expect
  • M.com/Inter CA with 2-4 years of experience accounts payable section in Finance & Accounts preferably in service industry.
  • Working knowledge of TDS and GST is essential.
  • SAP ERP knowledge is essential.
  • Should be a good team player.
  • Should be able to communicate effectively with subordinates, managers as well as external persons like consultants, vendors & customers.

Benefits

Who we are

Space Matrix is a dynamic and innovative design consultancy that specializes in workplace design. With relevant project experience in over 30 cities and 15 office locations in Australia, China, India, Thailand, Singapore and the United States, our mission is to be the No. 1 office design firm in Asia and to continue revolutionizing the delivery of design and build globally.

We have a company culture that is transparent, collaborative, innovative, progressive, honest and fast. Be part of the team that constantly challenges the industry norm and wants to be the best in the game.

To find out more visit www.spacematrix.com