Accounts Payable & Bank Reconciliation Executive

Job Summary

Accounts Payable

• Process and verify vendor invoices and payment requests.
• Prepare and execute vendor payments through bank transfers, cheques, or online payment platforms.
• Maintain vendor accounts and resolve payment-related queries.
• Ensure all payments are supported by approved documentation.

Bank Reconciliation

• Perform daily, weekly, and monthly bank reconciliations.
• Investigate and resolve unreconciled transactions and discrepancies.
• Monitor bank balances and report cash position to management.

Trade License & Regulatory Payments

• Track renewal dates for trade licenses and other regulatory permits.
• Process timely payments for license renewals and government fees.
• Maintain records of licenses, permits, and payment receipts.

Utility Payments

• Process payments for electricity, water, internet, telephone, and other utility services.
• Monitor due dates to avoid service interruptions and penalties.
• Maintain utility payment schedules and records.

Rental Payments

• Manage office, warehouse, and accommodation rental payments.
• Ensure timely payment according to lease agreements.
• Coordinate with landlords and maintain rental documentation.

Commission Payments

• Calculate and process sales agent, broker, or partner commissions.
• Verify commission calculations against approved agreements.
• Maintain commission payment records and supporting schedules.

Reporting & Compliance

• Prepare payment reports and reconciliation statements.
• Ensure compliance with company policies and financial controls.
• Assist during audits by providing payment and reconciliation documentation.
• Maintain organized records of all transactions and supporting documents.

Qualifications

• Bachelor’s degree in accounting, Finance, Commerce, or related field.
• CA Inter will be preferred
• 2–5 years of experience in Accounts Payable, Treasury, or Finance.
• Strong knowledge of bank reconciliation and payment processing.
• Proficiency in Microsoft Excel and accounting software (e.g., Tally, ERP systems, SAP, Oracle).
• Good attention to detail and organizational skills.

• Accounts Payable Management

• Bank Reconciliation
• Vendor Management
• Payment Processing
• Financial Reporting

• Excel & ERP Systems

• Time Management

• Communication & Coordination

• Accuracy and Attention to Detail