Ensure the accuracy of an organization’s financial documents for payment, auditing and tax purposes
Protect business against unintentional overpayment
Practice effective monitoring to ensure payments are made to vendors in a timely manner (specially MSME vendor)
Maintain meticulous records of outstanding payables, preparing outstanding dues report & conducting weekly pending payment review meeting with GM of SBU & Finance head.
Assemble and review invoices to be completed for payment
Obtain proper information or data before making invoice payments (e.g. back to back payment terms, any penalty & LD to be levied on vendor)
Verify invoices against purchase orders and ensure goods or services were received before issuing payment to vendors
Reconciling work by verifying entries and comparing system reports to balances.
Providing input to improve the payment process & simplifying the complication in SAP related to payment.
Requirements
CA Qualified
4 years of experience in FMCG, Food processing Industry