Executive - Accounts Payable

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Job Description

Executive - Accounts PayableTo manage and execute import-related payments for vendors and employees accurately and within defined timelines, ensuring compliance with company policies, banking requirements, tax regulations and internal controls.

• Process and manage import payments to overseas vendors through SAP S/4HANA and banking platforms.

• Handle payments related to imports of goods, services, freight, customs duties and other import-related expenses.

• Verify invoices, purchase orders, supporting documents, bank details and payment instructions before processing payments.

• Coordinate with Procurement, Logistics, Tax, Treasury, Customs and other stakeholders for timely resolution of payment-related issues.

• Process employee-related payments/reimbursements connected with import and business activities, wherever applicable.

• Ensure appropriate accounting entries, tax deductions and documentation are completed before payment processing.

• Monitor payment due dates and ensure timely settlement of overseas vendor obligations.

• Coordinate with banks for payment processing, payment confirmations, amendments, rejection handling and other transaction-related queries.

• Perform reconciliation of vendor accounts, bank transactions and outstanding payment items.

• Maintain proper documentation and audit trail for all import payment transactions.