Accounts Payable Accountant

Varel Energy Solutions (VES ) is one of the world’s largest independent manufacturer and suppliers of downhole drilling and completions products to the energy sector.

The key to the company's success is underpinned by the virtues and the cultural framework of our employees.  VES offers an exciting and fast paced work environment, attractive benefits, and competitive pay.

If you’re looking to invest in your career development, Varel Energy Solutions is the right place for you.

Come join our team!

Summary :  VES is looking for an Accounts Payable Accountant t o join our team in Faridabad, India location.  Essential Duties and Responsibilities include the following : Other duties may be assigned.

Invoice Processing and Validation Accurately process and validate invoices received from vendors across the Eastern Hemisphere.

Ensure compliance with company policies, tax regulations, and regional standards.

Verify invoice details, including purchase orders (PO), goods receipt notes (GRN), and payment terms.

Data Entry and System Updates Input invoice data into the Accounts Payable (AP) system with precision.

Maintain updated records in the financial system for audit and reporting purposes.

Vendor Communication Liaise with vendors to resolve discrepancies or missing documentation.

Provide timely updates to vendors regarding payment status and schedules.

Reconciliation Perform periodic reconciliations of vendor accounts to ensure accuracy and resolve outstanding issues.

Address any discrepancies promptly to maintain financial integrity.

Compliance and Reporting Adhere to local tax laws, VAT / GST regulations, and other compliance requirements specific to the Eastern Hemisphere.

Generate periodic reports for management, including aging analysis and invoice status updates.

Collaboration with Cross-Functional Teams Work closely with procurement, finance, and operations teams to streamline the AP process.

Support month-end and year-end closing activities.

Issue Resolution Investigate and resolve invoice discrepancies, duplicate payments, or vendor disputes in a timely manner.

Escalate unresolved issues to management as necessary.

Continuous Improvement Identify opportunities to optimize the invoice processing workflow.

Participate in initiatives to implement automation tools or enhanced AP processes.

Document Management Maintain organized records of invoices, payment approvals, and related correspondence for audit readiness.

Ensure the confidentiality and security of financial data.

Technical Skills Proficiency in accounting software (e.g., SAP, or similar ERP systems).

Strong knowledge of Microsoft Excel and other Microsoft Office applications.

Basic understanding of accounting principles, tax regulations, and compliance requirements.

Education and / or Experience : A degree or diploma in Accounting, Finance, Business Administration, or a related field.

Certification in accounting or bookkeeping (e.g., CA, or similar) is an added advantage.

1-5 years of experience in Accounts Payable or a similar finance role.

Familiarity with invoice processing, vendor management, and financial reconciliations.

Thank you for your interest in a career with Varel Energy Solutions.

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