About this role
Be the First to Apply
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. • Support internal and statutory audits by providing required payment records and supporting documents. • Ensure compliance with applicable FEMA, RBI, GST, TDS and other regulatory requirements related to import payments. • Identify process gaps and support automation and process improvements in import payment activities.