Account Payable Executive

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai

Job Description

Quidich Innovation Labs is a global company headquartered in Mumbai, India that pioneers in customized technology solutions for Sports Broadcast. From the outset, we have believed in the power of the story that sport tells as a tool to bring people together; and that this story best reaches fans, through the way it is broadcast. Building on this thinking, we have created various technology tools over the past five years and deployed them at tournaments such as the Indian Premier League, ICC Men’s T20 World Cup, ICC Women’s World Cup and Men's FIH Hockey World Cup, to name a few.

Role

The Accounts Payable Executive will play an important role in managing the company's financial obligations to its suppliers and vendors. Their primary role will be to ensure that all vendor invoices and other payables are accurately recorded, processed, and paid on time. The ideal candidate will have a strong attention to detail, excellent organizational skills, and a thorough understanding of financial processes and procedures. Ours being a dynamic organization, the role will involve taking up the technical accounting month end work over a period of time.

Responsibilities
• Reconciling end to end AP: PO, AP invoicing, digital/physical filing and statement reconciliation.
• Reconciling purchase order with supplier invoices.
• Ensuring timely and accurate processing of invoices and payments to vendors or suppliers
• Adhering to the payment terms agreed upon with the vendor and ensuring that there are no delays or discrepancies in the payment process.
• Preparing payment runs and sharing receipt of payment to respective vendors
• Dealing with foreign exchange rates, Form 15CA CB, TRC, and Form 16.
• Ensuring clear and effective communication with vendors, resolving any issues or disputes that may arise, and negotiating favorable payment terms and discounts.
• Identifying opportunities to reduce costs and streamline processes is another important KRA for Accounts Payable. This can involve negotiating better payment terms with vendors, leveraging technology to automate manual processes, and implementing best practices to reduce errors and inefficiencies.
• Generating reports on outstanding payments, vendor performance, and other key metrics to help management make informed business decisions.
• Providing assistance with cash flow management.
• Ensuring all the processes and internal controls are followed.
• Performing ad-hoc duties within the team as required and directed by the manager.
• Covering for other team members' holidays and sickness.
• Recording and verifying the employee reimbursements and expense report as per the policy.
• Preparing payable aging and booking debit notes / credit notes.

Required Skills and Competencies
• 4 years’ experience within a small but fast paced finance department
• Minimum 2 years of experience in end-to-end accounts payable role
• Desire to improve current processes to increase efficiency
• Fluent command over written and spoken English
• Verbal and written interaction with clients and vendors

Location: Mumbai

Reporting To: Associate Finance Manager

Joining Date: Immediate

Interested candidates please send your CV to [email protected]

💡 Quick Summary

Seeking a career-building opportunity? The Account Payable Executive position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

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Job Details

Company Name: Quidich Innovation Labs

Frequently Asked Questions

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The expected salary for Account Payable Executive in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Account Payable Executive is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Account Payable Executive. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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