Accounts Executive

From 0 to 3 year(s) of experience
₹ 1,50,000 - 3,00,000 P.A.

Job Description

Job Title (Proposed Designation) Executive/Assistant Manager Accounts Payable

Position Reporting To Deputy Manager/Manager Finance

Expected work experience (Years) 3-4 years for Executive / 5+ years for Asst. Manager

Education / Qualification B.Com / M.Com / MBA (Finance) / CA(Inter) / CMA(Inter) / Equivalent

Location Head Office at Gachibowli, Hyderabad

Key Responsibilities

  • Part of Accounts Payable team of the Company (includes fixed assets management, Vendor management and employee reimbursement)
  • Responsible for managing the Accounts Payable and ensure proper training to all stakeholders • Develop and keep updated the standard operating procedure (SOP) for Accounts Payable (including underlying Policy and Forms)
  • Preparation of budgets and maintaining monthly expense vs. budget for each business division • MI/BI reports as per format / dashboard
  • Monthly analysis of expenses data, pass necessary rectification entries and update all the stakeholders for correct process
  • Ensure compliance of internal financial control framework for all processes within Accounts Payable functions
  • Ensure no deviation in internal audit of Accounts Payable functions
  • Ensure clean statutory audit of Accounts Payable functions
  • Support in preparation of process documents for Automation of processes such as, SAP, Travel, Expense, etc. and UAT to be done before going live of the automations
  • Record Room maintenance Vendor Accruals & Payments
  • Monitor and update Vendor Master Database in SAP Accounting System
  • Trigger and ensure Rent agreements and vendor contracts renewal before expiry
  • Support in developing internal controls around vendor payment i.e. to ensure the payment is supported by prior budget approval, purchase order / engagement letter / valid agreements and no double payment • Proper accounting and reconciliation into SAP Accounting System • Tracking and ensure reimbursable “out of pocket (OPE) expenses” are accounted properly for the customer billing purpose • Review aging of creditors and resolve pending disputes for the due payment • Periodically review of advances to vendors / employees and push for timely settlement / recovery Deposits • Review outstanding deposits in balance sheet (Earnest Money Deposit to Customers, Electricity Deposits, Telephone Deposits, Rental Deposits, and Postal Department Deposits etc.) and get confirmation from counterparty on the validity of the same, otherwise, push for recovery Taxation Matters • Ensure correct tax setup in the Vendor Master. Ensure GST registration, PAN, TAN etc. and all other required data is available in the Vendor Master database in SAP system. Follow up with the stakeholders for getting the missing data Automations • Understand the end user requirement for enhancing the systems and prepare change request (CR) documents • Testing of the developed modules as per CR and sign-off for moving into production • Preparation of process documents & PPTs and organize trainings to teams on the modules developed • Responsible for all automations related to Finance and Accounts

3 Preferred Industry and Work Area Exposure

  • Ideally from BFSI (Banking, Financial Services and Insurance) industry with prior experience in Accounts Payable
  • Experience in reconciliation activities would be preferred
  • Previous experience in setting up SOPs, MIS, Analysis, SAP and Automations would be added advantage

4 Competencies/ Skills

  • Good communication, written & oral communication skills
  • Good IT orientation to drive automation of processes and reports
  • Good hands on experience on MS-Excel and MS-Word
  • Sound Business knowledge & orientation
  • Ability to work with clients, must have good PR skills with openness to accept others views with flexibility & without being opinionated

Role:Accountant / Accounts Executive

Salary: 1,50,000 - 3,00,000 P.A.


Functional Area:Finance & Accounting

Role Category:Accounting & Taxation

Employment Type:Full Time, Permanent


UG:B.Com in Any Specialization,B.B.A/ B.M.S in Any Specialization

PG:MBA/PGDM in Any Specialization,ICWA (CMA) in Any Specialization,M.Com in Any Specialization

Company Profile

KFin Technologies

KFintech is the largest registrar and a market leader in the investor servicing industry. With over 100 million investor accounts, we reach out to over 3500+ issuers including banks, PSUs and mutual funds. Being an ISO 9001:2015 certified company on data security in the Registrar and Transfer agency space, our real-time data replication capability ensures zero impact in case of exigencies

Company Info
View Contact Details+

Contact Company:KFin Technologies


Reference Id:068