Job Description
Senior Executive: Accounts Payable
Job Title
Senior Executive – Accounts Payable
Function
Accounts
1. Purpose
Responsible for timely and efficient accounting and payment processing to facilitate timely payments to vendors / channel partners / service partners etc. in line with the applicable statutory / regulatory requirements and internal guidelines
2. Key Responsibilities
Responsibilities
Conduct execution of accounts payable activities in adherence to defined accounting guidelines, practices and standard operating procedures
Conduct and ensure accuracy of data entry for vendor related payments, cash vouchers etc.
Raise vendor codes for the processing of payments as per the terms of contract and ensure payment processing only on verification of compliance with vendor codes
Conduct bill processing and detailed verification of vendor invoices generated for the services availed
In case of defective invoice, ensure rectification of the invoice. Follow up with the buyer on a periodic basis for the corrected invoice within prescribed time limits
Conduct payment processing on verification of the bills / invoices / vouchers etc. after determining relevant tax liability and statutory deductions
Review the credit period of vendors on a regular basis and process transactions as per the applicable credit period
Conduct timely processing of cash payments in coordination with regional teams
Perform bank reconciliation and account for bank charges on a daily basis
Check whether the payment is executed / rejected by the bank and find out the reason for rejection of payment, if any
Support octroi reconciliation activities and ensure all octroi and statutory payments are made within defined timelines
Respond to and satisfactorily resolve queries raised by internal and statutory audits
Prepare and submit MIS as required by the superior
3. Key Result Areas and Key Performance Indicators
S.No.
Key Result Areas
Key Performance Indicators
1.
Ensure efficiency and timely verification of vendor payments
% accurate invoice verification
% timely processing of payments to vendors
2.
Efficiency in accounts payable operations
% accurate data entry of accounts payable transactions
% timely filing and recording of vendor invoice along with the tax invoice
3.
Processing of all COD, FOD, DOD etc. payments
% timely completion and accuracy of all payments related to COD, FOD, DOD and related transactions
4.
Maintenance of documentation and record keeping
Number of deviations observed in documentation requirements
5.
Ensure performance driven culture
Adherence to performance management system timelines and guidelines
Eligibility
Not in active PIP or under disciplinary action.
Job Title
Senior Executive – Accounts Payable
Function
Accounts
1. Purpose
Responsible for timely and efficient accounting and payment processing to facilitate timely payments to vendors / channel partners / service partners etc. in line with the applicable statutory / regulatory requirements and internal guidelines
2. Key Responsibilities
Responsibilities
Conduct execution of accounts payable activities in adherence to defined accounting guidelines, practices and standard operating procedures
Conduct and ensure accuracy of data entry for vendor related payments, cash vouchers etc.
Raise vendor codes for the processing of payments as per the terms of contract and ensure payment processing only on verification of compliance with vendor codes
Conduct bill processing and detailed verification of vendor invoices generated for the services availed
In case of defective invoice, ensure rectification of the invoice. Follow up with the buyer on a periodic basis for the corrected invoice within prescribed time limits
Conduct payment processing on verification of the bills / invoices / vouchers etc. after determining relevant tax liability and statutory deductions
Review the credit period of vendors on a regular basis and process transactions as per the applicable credit period
Conduct timely processing of cash payments in coordination with regional teams
Perform bank reconciliation and account for bank charges on a daily basis
Check whether the payment is executed / rejected by the bank and find out the reason for rejection of payment, if any
Support octroi reconciliation activities and ensure all octroi and statutory payments are made within defined timelines
Respond to and satisfactorily resolve queries raised by internal and statutory audits
Prepare and submit MIS as required by the superior
3. Key Result Areas and Key Performance Indicators
S.No.
Key Result Areas
Key Performance Indicators
1.
Ensure efficiency and timely verification of vendor payments
% accurate invoice verification
% timely processing of payments to vendors
2.
Efficiency in accounts payable operations
% accurate data entry of accounts payable transactions
% timely filing and recording of vendor invoice along with the tax invoice
3.
Processing of all COD, FOD, DOD etc. payments
% timely completion and accuracy of all payments related to COD, FOD, DOD and related transactions
4.
Maintenance of documentation and record keeping
Number of deviations observed in documentation requirements
5.
Ensure performance driven culture
Adherence to performance management system timelines and guidelines
Eligibility
Not in active PIP or under disciplinary action.
💡 Quick Summary
Seeking a career-building opportunity? The DHL logoDHL logo Senior Executive - Accounts (WRO) 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.