Review and process invoices along with providing the resolutions for the invoices and releasing the invoices for Payment.
• Articulate and demonstrate basic Accounts payable process concepts – 3 way match, PO, NON PO, GRN etc.,
• Able to understand the nuances of India AP aspects.
• India Import Invoices processing – check Bill of Entry, packing list before posting.
• Proficient in Tax Deducted at Source; Should be aware of % of deduction for major categories.
• Be aware of TDS applicable on Service expense incurred in foreign currency.
• GST = Candidate will be encouraged to know Intrastate, Interstate, State & Central components along with rates. Basics will do.
• Resolve all vendor queries and requests coming via e-mails / Tickets within the agreed SLA.
• Review and validate basic essentials of valid invoice like supplier details, PO, bank account, invoice #, invoice date etc.
• Maintain a tracker of the exceptions and ensure Invoices / queries are balanced taking based on the exception tracker.
• Maintain exception logs for process related exception as and when they occur for knowledge retention.
• Independently perform transactional tasks which support the compliance, planning and execution of assigned processes.
• Follow up with requisitions (via calls/ emails or tickets) to solve hold invoice as per the AP guideline.
• Enforce the internal compliance policy and guideline established by the management on their daily operational activities.
• Perform daily internal audit to ensure all Invoices / queries are balanced as per the guidelines.