Open Financial Technologies - Accounts Payable Specialist

About Open:

OPEN is a leading connected finance platform that empowers finance teams to manage their cash flow better by integrating all business finance systemsfrom banking to accounting ERP, payments, CRM, HRMS, and more into one unified platform.

Recognized as India's 100th Unicorn, OPEN was awarded Best Workplace 2024 by IEEE and has been featured among the 'Top 10 companies' by Forbes India and D Globalist's list of 200, and in IDFC FIRST Private Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2023.

OPEN has consistently demonstrated innovation, having won 'Best Digital Banking Solution' at the Global Fintech Fest in 2022, 'Most Innovative Neo Bank' in 2021, and 'Most Innovative Digital Bank' by the Internet and Mobile Association of India (IAMAI).

With a team of over 500 talented professionals, OPEN is a Series D-funded startup supported by global leaders like Temasek, Google, Tiger Global, IIFL Finance Ltd., SBI Holdings Japan, 3one4 Capital, and others.

To build and strengthen our superpower, were on the lookout for an exceptional Senior ExecutiveAccounts Payable.

Experience:4-5 Years.

Location:Bangalore.

Responsibilities:

- Manage end-to-end Accounts Payable (AP) process, including invoice processing (Domestic & Import) and vendor management.

- Handle Fixed Asset (FA) accounting - capitalization, tagging, depreciation.

- Ensure accurate accounting for GST and TDS on vendor invoices.

- Monitor and record prepaid expenses with proper amortization.

- Prepare and post provisions for month-end and year-end closings.

- Conduct AP ageing analysis and generate timely reports.

- Support audit requirements by preparing necessary schedules and reconciliations.

Requirements:

- Experience: 4-5 years in Accounts Payable and Fixed Assets.

- Working knowledge of GST, TDS, and Indian accounting standards.

- Proficiency in ERP systems and Excel.

- Strong communication and coordination with vendors and internal teams.

- Ability to handle month-end activities independently and meet deadlines.