Job Title: Accounts Payable & Receivable Executive
Department: Finance & Accounts
Job Summary:
The Accounts Payable & Receivable Executive will be responsible for managing all payment cycle activities, ensuring timely processing of vendor invoices, maintaining accurate financial records, and handling customer billing and collections. This role requires strong attention to detail, organizational skills, and the ability to manage multiple financial processes efficiently.
Key Responsibilities:
Accounts Payable:
Process vendor invoices, verify accuracy, and ensure compliance with company policies.
Prepare and process payments on time.
Maintain records of vendor contracts, purchase orders, and payment terms.
Reconcile accounts payable transactions and resolve discrepancies.
Communicate with vendors regarding billing issues, payment status, and account reconciliation.
Accounts Receivable:
Generate and issue customer invoices in a timely manner.
Monitor incoming payments and follow up on outstanding receivables.
Record and reconcile customer payments against invoices.
Maintain accurate aging reports and escalate overdue accounts when necessary.
Coordinate with the sales and operations team to resolve customer billing queries.
Skills & Competencies:
Strong knowledge of accounting principles.
Proficiency in MS Excel and accounting software.
Attention to detail and high level of accuracy.
Good communication and interpersonal skills.
Ability to work independently and meet deadlines.
Qualifications & Experience:
Bachelor’s degree in Commerce / Accounting / Finance.
2–5 years of experience in Accounts Payable/Receivable or similar role.