Job Description
Job Title - Executive/Senior Executive – Accounts Payable
Department - Finance
Job Location - Bangalore
RESPONSIBILITIES
Core Responsibilities:
• Responsible for working with the AP Manager to monitor progress of long-term AP objectives
• Review and supervise the end-to-end related invoice processing activities, ensuring accuracy, timeliness, and compliance with contracting terms, organizational policies and external regulations.
• Develop, implement, and maintain standard operating procedures (SOPs) to ensure consistency and efficiency in invoice handling.
• Assist with ensuring that all invoices are received through a centralized repository, vendor statements are being reconciled on a periodic basis, and expenses are being analysed and MSME vendors are paid on time
• Monitor performance and ensure that service level agreements (SLAs) and key performance indicators (KPIs) are consistently met or exceeded, including activities of outsourced service provider.
• Respond to vendor queries, providing timely updates on invoice and payment status.
• Support Treasury by executing approved payment runs, monitoring bank acknowledgements, and assisting in resolution of payment rejections, delays, and clearing discrepancies
• Resolve escalations involving invoice discrepancies, vendor disputes, or policy issues by collaborating with stakeholders.
• Regularly review exception reports to identify and address recurring errors, providing root-cause analysis and corrective measures.
• Identify and support initiatives pertaining to Invoice processing digitization and process enhancements
• Conduct proper recordkeeping of purchases for use in tax preparation and periodic audits.
• Assist with preparation and maintenance of supporting documentation for treasury‑related activities including BRS, statutory payments, and foreign remittance support
• Prepare and performance reports, highlighting achievements, challenges, and opportunities for continuous improvement
• Accountable for all AP controls: must prevent duplicate payments, mitigate fraud risk and ensure regulatory requirements met (e.g. Tax compliance)
• Provide outsourced service provider staff with the necessary technical information and guidance that will enable them to complete their tasks in the required manner
Supporting Responsibilities
• Provide recommendations and contribute to the functions of policies and procedures pertaining to the scope of work that falls under his/her supervision.
EXPERIENCE
1-5 years of Accounting experience with demonstrated experience in an Accounts Payable team member position
EDUCATIONAL QUALIFICATION
MBA Finance / B.Com(H)/ M.Com(H)
KEY SKILLS
• Knowledge of Finance/Accounting systems (SAP preferred), MS Office, excellent analytical skills
• Proficiency in the English language
BEHAVIOURAL COMPETENCIES
• Pro-active thinker (Intermediate)
• Can-do self-starter (Advanced)
• Collaboration (Intermediate)
• Digital adopter (Intermediate)
• Ecosystem builder (Intermediate)
FUNCTIONAL COMPETENCIES
• Capable of resolving complex issues by analyzing root causes and implementing effective solutions.
• Proficient in identifying inefficiencies and supporting driving improvement initiatives
• Strong communication and relationship-building skills to collaborate effectively
Department - Finance
Job Location - Bangalore
RESPONSIBILITIES
Core Responsibilities:
• Responsible for working with the AP Manager to monitor progress of long-term AP objectives
• Review and supervise the end-to-end related invoice processing activities, ensuring accuracy, timeliness, and compliance with contracting terms, organizational policies and external regulations.
• Develop, implement, and maintain standard operating procedures (SOPs) to ensure consistency and efficiency in invoice handling.
• Assist with ensuring that all invoices are received through a centralized repository, vendor statements are being reconciled on a periodic basis, and expenses are being analysed and MSME vendors are paid on time
• Monitor performance and ensure that service level agreements (SLAs) and key performance indicators (KPIs) are consistently met or exceeded, including activities of outsourced service provider.
• Respond to vendor queries, providing timely updates on invoice and payment status.
• Support Treasury by executing approved payment runs, monitoring bank acknowledgements, and assisting in resolution of payment rejections, delays, and clearing discrepancies
• Resolve escalations involving invoice discrepancies, vendor disputes, or policy issues by collaborating with stakeholders.
• Regularly review exception reports to identify and address recurring errors, providing root-cause analysis and corrective measures.
• Identify and support initiatives pertaining to Invoice processing digitization and process enhancements
• Conduct proper recordkeeping of purchases for use in tax preparation and periodic audits.
• Assist with preparation and maintenance of supporting documentation for treasury‑related activities including BRS, statutory payments, and foreign remittance support
• Prepare and performance reports, highlighting achievements, challenges, and opportunities for continuous improvement
• Accountable for all AP controls: must prevent duplicate payments, mitigate fraud risk and ensure regulatory requirements met (e.g. Tax compliance)
• Provide outsourced service provider staff with the necessary technical information and guidance that will enable them to complete their tasks in the required manner
Supporting Responsibilities
• Provide recommendations and contribute to the functions of policies and procedures pertaining to the scope of work that falls under his/her supervision.
EXPERIENCE
1-5 years of Accounting experience with demonstrated experience in an Accounts Payable team member position
EDUCATIONAL QUALIFICATION
MBA Finance / B.Com(H)/ M.Com(H)
KEY SKILLS
• Knowledge of Finance/Accounting systems (SAP preferred), MS Office, excellent analytical skills
• Proficiency in the English language
BEHAVIOURAL COMPETENCIES
• Pro-active thinker (Intermediate)
• Can-do self-starter (Advanced)
• Collaboration (Intermediate)
• Digital adopter (Intermediate)
• Ecosystem builder (Intermediate)
FUNCTIONAL COMPETENCIES
• Capable of resolving complex issues by analyzing root causes and implementing effective solutions.
• Proficient in identifying inefficiencies and supporting driving improvement initiatives
• Strong communication and relationship-building skills to collaborate effectively
💡 Quick Summary
Seeking a career-building opportunity? The Executive/Senior Executive - Finance position is now open for candidates interested in the Finance sector. This role in Bangalore 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 Finance is a plus.
