A Naukri Group company
LoginHire Local Staff
A Naukri Group companyLoginHire Local Staff
10,000 - 15,000 /month
Xxl Studioworks Private Limited
Andheri (West), Mumbai
1 - 2 years Experience in Accountant
Full Time
Key Responsibilities for Purchase Management and Payments Management for this post of Accountant:
1. Purchase Management
- Managing the complete purchase cycle from purchase request to invoice booking.
- Verifying and checking all purchase invoices, bills, quotations, and GRNs.
- Ensuring all purchases have proper approvals and supporting documents.
- Maintaining accurate and up-to-date purchase records and registers.
- Coordinating with internal departments for purchase requirements and approvals.
- Creating and maintaining vendor-wise purchase summary and reports.
- Reconciling purchase invoices with purchase orders and delivery challans.
- Ensuring proper filing and documentation of all purchase-related documents.
- Monitoring and reporting any discrepancies in pricing, quantity, or billing.
2. Payments Management
- Preparing and maintaining the vendor payment schedule as per due dates and credit terms.
- Processing vendor payments on time through bank transfer, cheque, or other modes.
- Tracking all pending, due, and completed payments accurately.
- Maintaining payment records, payment proofs, and UTR details.
- Coordinating with vendors for invoices, bank details, payment confirmations, and outstanding statements.
- Performing regular vendor ledger reconciliation and resolving payment differences.
- Tracking vendor outstanding balances, ageing reports, and advance payments.
- Ensuring TDS deduction and compliance wherever applicable before payments.
- Assisting in month-end closing related to purchases and payables.
- Preparing timely reports on payables, cash outflow, and pending payments for management review.
