Accounts Payable Executive

Job Title: Senior/ Junior Accounts Executive

Location: Perungudi, Chennai

Reporting To:  Head Finance

About Us: We are an innovative housing finance startup committed to providing accessible financial solutions. Our team is dedicated to transforming the affordable home finance landscape in Rural Bharat, and we are looking for a motivated Branch Infrastructure Executive to join us in this journey.

Job Summary:

The Accounts Executive will be responsible for managing Accounts Payable (AP), and Fixed Assets accounting processes in compliance with NBFC regulations. The role involves handling vendor payments, asset management, reconciliations, and reporting to ensure accurate financial records.

Key Responsibilities:

1. Accounts Payable (AP):

· Process vendor invoices, verify approvals, and ensure timely payments.

· Monitor outstanding payable and maintain a healthy working capital cycle.

· Reconcile vendor accounts and resolve payment discrepancies.

· Ensure TDS, GST, and other statutory deductions are correctly accounted for.

· Process employee reimbursements in line with company policies.

2. Fixed Assets Management:

· Maintain and update the Fixed Asset Register.

· Process asset acquisitions, transfers, and disposals in line with company policy.

· Conduct periodic asset verification and reconciliation.

· Calculate and record depreciation as per applicable accounting standards.

· Ensure compliance with NBFC asset management policies.

3. General Accounting & Compliance:

· Assist in month-end and year-end closing activities.

· Ensure compliance with GST, TDS, and other regulatory requirements.

· Support statutory audits and internal audits with necessary documentation.

· Assist in financial reporting and MIS preparation for management review.

Key Skills & Competencies:

1. Strong knowledge of Accounts Payable, Receivable, and Fixed Assets   Accounting.

2.  Proficiency in Oracle/ Tally / ERP systems (Oracle preferred).

3. Understanding of NBFC regulatory compliance.

4. Knowledge of GST, TDS, and other tax laws.

5. Good analytical and reconciliation skills.

6. Proficiency in MS Excel for financial analysis and reporting.

7. Strong attention to detail and problem-solving skills.

Preferred Qualifications & Experience:

· 2-7 years of experience in Accounts & Finance, preferably in an NBFC or BFSI sector.

· B.Com / M.Com / MBA (Finance) / CA Inter or equivalent qualification.

What We Offer:

· Competitive salary and benefits.

· Opportunity to work in a dynamic and innovative environment.

· Career growth and development opportunities.

• It is a Full Time Accountant job for candidates with 3 - 6 years of experience.

More about this Accounts Payable Executive job

1. What is the eligibility criteria to apply for this Accounts Payable Executive job?
   Ans: The candidate should be Graduate and above and above with 3 - 6 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹35000 - ₹40000 per month that depends on your interview. It's a Full Time job in Chennai.
3. How many working days are there for this Accounts Payable Executive job?
   Ans: This Accounts Payable Executive job will have 5 working days.
4. Are there any charges applicable while applying or joining this Accounts Payable Executive job?
   Ans: No, there is no fee applicable for applying this Accounts Payable Executive job and during the employment with the company, i.e., BANKING PROCESS.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Accounts Payable Executive role?
   Ans: There is an immediate opening of 10 Accounts Payable Executive at BANKING PROCESS
7. Who can apply for this job?
   Ans: Only Male candidates can apply for this Accountant job.
8. What are the timings of this Accounts Payable Executive job?
   Ans: This Accounts Payable Executive job has 09:00 AM - 06:00 PM timing.