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Accounts Payable Lead
Accounts Payable LeadConfidential • Bengaluru / Bangalore, India
Accounts Payable Lead

Accounts Payable Lead

Confidential • Bengaluru / Bangalore, India
30+ days ago
Job description

We are looking for an Accounts Payable Lead to join a rapidly growing SaaS organization headquartered in Bangalore . Check out the details below :

Position : Accounts Payable Lead

Location : Bangalore

Qualification : CA / CA Inter

Experience : 8+ years

Industry : Fast-growing SaaS Company

Notice Period : Immediate Joiners Only

Must Have : Proficiency in accounting software (Oracle NetSuite preferred)

Key Responsibilities :

1. Invoice Processing :

  • Receive, review, and approve invoices for payments in accordance with company agreements.

2. Payment Processing :

  • Prepare and process electronic transfers and payments.
  • Post transactions to journals, ledgers, and other financial records.

    • 3. Account Reconciliation :

  • Reconcile accounts payable transactions.
  • Monitor accounts to ensure payments are current and accurate.
  • Resolve invoice discrepancies and related issues.

    • 4. Vendor Management :

  • Maintain up-to-date vendor files and contact information.
  • Communicate with vendors regarding payment inquiries.
  • Assist with vendor statement reconciliations.

    • 5. Financial Reporting :

  • Support month-end closing activities (prepaid amortization, fixed asset depreciation, accruals, flux analysis).
  • Assist with year-end closing activities including 1099 & 1042 reporting.
  • Prepare and analyze accounts payable reports.
  • Support the preparation of financial statements and audits.

    • 6. Compliance and Controls :

  • Ensure compliance with company policies, procedures, and statutory requirements (TDS, TCS, GST, MSME).
  • Maintain accurate historical financial records.
  • Assist in the implementation and maintenance of internal controls.

    • 7. Continuous Improvement :

  • Identify opportunities for process improvement and implement effective solutions.
  • Stay updated with industry best practices and evolving regulatory requirements.

    • Qualifications :

  • Education : CA / CA Inter with 8+ years of experience in Accounting, Finance, Business Administration, or a related field.
  • Skills :
  • Proficiency in accounting software ( Oracle NetSuite preferred )
  • Strong understanding of accounts payable principles
  • Advanced Microsoft Excel skills
  • Excellent organizational and time management abilities
  • High attention to detail and accuracy
  • Strong communication and interpersonal skills

    • If interested, please share your updated resume at [HIDDEN TEXT]

    Skills Required

    Advanced Microsoft Excel, Accounts payable principles, Oracle NetSuite

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