Accounting & AP Specialist

We are hiring this role for a portfolio company called - Ascension. This role is going to be a member of the larger finance function in our Hyderabad Development Center.

General Description

The Accountant's responsibilities include preparing financial reports, performing account reconciliations, maintaining the general ledger, and performing other accounting duties as assigned.

Accountabilities :

• Deliver accurate financial records by maintaining the general ledger and reconciling accounts, enabling timely reporting and audit readiness.
• Support financial transparency by preparing journal entries and assisting in monthly, quarterly, and annual closings.
• Improve budget accuracy by analyzing financial data and identifying trends that inform forecasting and planning.
• Ensure compliance with GAAP and internal policies through diligent documentation and process adherence.
• Reduce reporting errors by reviewing financial statements and correcting discrepancies before submission.
• Ensure timely vendor payments by processing invoices accurately and within payment terms, maintaining trust and avoiding late fees.
• Improve financial accuracy by reconciling vendor statements and resolving discrepancies proactively.
• Strengthen internal controls by verifying invoice approvals and coding expenses correctly.
• Support cash flow planning by maintaining up-to-date records of liabilities and payment schedules.
• Enhance vendor relationships by responding promptly to inquiries and resolving payment issues efficiently.

Tasks

Education and Experience

Skills Required

Ms Office, Accounting Software, Gaap