[Hiring] Accounts Payable Specialist @Multiplier Technologies Private Limited

Role Description

As an Accounts Payable Specialist you will contribute to our mission of revolutionizing the HR industry with cutting-edge solutions. As an integral part of our accounting team, you will play a crucial role in managing our accounts payable processes and ensuring accurate and timely payment processing.

What You’ll Do

• Handle end-to-end accounts payable processes, including vendor invoice processing, verification, and payment issuance for all regions (India time zone).
• Ensure that foreign exchange is incorporated and accounted for in moving transactions globally.
• Partner with the payroll team to ensure accurate payments to supported employees.
• Work with banking partners to ensure efficient relationships and rails are made for executing payments.
• Maintain accurate financial records and reports across multiple bank accounts.
• Execute payments based on defined SLAs and metrics as it relates to paying members in countries where jurisdictionally compliant.
• On-time funding receipt.
• On-time payments to members.
• On-time payments to statutory bodies.
• Accurate payments to members.
• Accurate payments to statutory bodies.
• Accurate payments to third party vendors.
• Maintain accurate records of all accounts payable transactions, ensuring compliance with company policies and financial regulations.
• Resolve discrepancies and issues related to invoices and payments, both internally and externally.
• Build and maintain strong relationships with vendors, addressing inquiries, and resolving payment-related concerns promptly and professionally.
• Collaborate with internal stakeholders to ensure smooth communication with vendors and effective resolution of payment-related matters.
• Process employee expense reimbursements in a timely and accurate manner, ensuring adherence to company policies and expense guidelines.
• Leverage your expertise in Netsuite to efficiently manage payroll payment processing, ensuring employees receive accurate and timely compensation.
• Collaborate with the HR team to validate payroll data and resolve any discrepancies in payroll-related transactions.
• Utilize your experience in the general ledger to ensure proper coding and allocation of accounts payable transactions.
• Reconcile accounts payable balances with the general ledger and investigate and resolve any discrepancies.
• Assist in generating relevant financial reports related to accounts payable and payroll activities.
• Provide insights and analysis on accounts payable trends, payment patterns, and potential areas for improvement.
• Support the finance team in preparing for internal and external audits related to accounts payable and payroll processes.
• Ensure adherence to accounting standards and regulations in all accounts payable operations.

Qualifications

• A Bachelor's degree in Accounting or a related field, or equivalent combination of education and experience.
• Minimum 5 years of relevant work experience in accounts payable or finance roles.
• Experience with accounting in payments and general ledger.
• Demonstrated proficiency in using Netsuite for accounts payable and payroll processing.
• Preferably, at least 3 years of hands-on experience in payroll payment processing within Netsuite.
• Strong understanding of accounting principles and practices.
• Ability to analyze financial data and interpret reports.
• Meticulous attention to detail, ensuring accuracy in payment processing and data management.
• Fluent in English with excellent communication and interpersonal skills, capable of building strong relationships remotely.
• Ability to collaborate effectively with cross-functional teams and external vendors.
• Proven ability to identify issues, propose solutions, and implement process improvements.
• Strong organizational skills to manage multiple tasks and prioritize deadlines effectively.