Accounts Payable Specialist - Internet/Online

Job Summary:

We need of an Accounts Payable Specialist to join our team. The Accounts Payable Specialist will work in a fast paced environment and will be responsible for accounting invoices, processing accounts payable invoices, responsible to ensure that payments are dispersed per vendor and company terms.

What to expect from the role:

- Hands-on experience with managing and supervising the accounts payable department and staff in the organization.

- Exposure to accounting processes, vendor servicing, etc.

- Learning how to organize, multitask and manage time.

- Learn on the job regarding the best practices in accounting.

- Exposure to the field of accounting and its various responsibilities.

Accounts Payables:

- Perform full-cycle Accounts Payable, including validating charge, 2/3-way matching, review invoices for appropriate documentation, obtain approval, verify proper GL coding and payment runs.

- Manage and monitor AP email box to ensure timely processing of invoices.

- Maintain vendor profiles for creations and changes by working with other teams.

- Review and process employee expense reports. Validate receipts for accuracy, ensure compliant with company policy, and verify appropriate GL accounts.

- Respond to vendor or employee inquiries to resolve payment processing issues, discrepancies, or any other related transitions in a timely manner.

- Assist in month/quarter-end closing activities, prepare monthly A/P accruals, re-class of GL entries.

- Record bank daily transfer or other cash related activities.

- Assist with Ad-hoc projects as needed.

Compliances:

- Handle statutory compliances (both Direct and Indirect) which will cover Liaising with tax authorities and govt bodies, and/or external consultants, filing of returns, payment, litigation etc.

- Assist with processing year-end 1099 statements for applicable vendors.

- Ensuring all taxes are paid in time and returns are duly filed.

- Working Knowledge on taxation such as GST, TDS, PF & PT

- Knowledge on secretarial Compliances for the Company, including Companies Act, FEMA, Shops & Establishment, etc.

Other tasks:

- Assisting your supervisor in book-closure activities.

- Assisting in automation in the accounts payable function.

Requirements:

- MBA with 3-5 yrs of Post qualification experience.

- Prior Start-up experience (and specifically B2B SaaS) is added advantage

- Hands-on experience with NetSuite is mandatory.

- Organizational, communication, and interpersonal skills.