Job Description

Company Brief House of Shipping is a leading provider of business consultancy and advisory services to clients in the shipping and logistics industry. House of Shipping is recruiting for a Accounts Payable Executive. Job purpose. We are looking for a Payables Executive to Handle Vendor Payments, Payment to Overseas Agents, Having hands on knowledge on various documents to be checked, applicable tax to be deducted at the time of payment. Job Summary Finance Executive - Accounts Payable is responsible for managing the company\'s financial obligations by processing, verifying, and reconciling invoices. This role involves working closely with vendors, internal departments, and maintaining accurate financial records. The Finance Executive - Accounts Payable ensures timely payments while adhering to company policies and procedures. The role of an Accounts Payable Specialist requires precision, organization, and an understanding of financial principles. The individual in this role plays a critical part in maintaining the financial health and credibility of the organization through accurate and timely payments to vendors. Education requirements M.Com. MBA - Finance with 2 years of relevant experience or B Com with 5 Years of experience in Shipping/Forwarding/Logistics Industry. Background and experience 1. Invoice Processing: Receive, review, and process invoices accurately and efficiently. 2. Verification and Coding: Verify coding, approvals, and accuracy of invoices before payment. 3. Vendor Communication: Communicate with vendors to address inquiries, discrepancies, and resolve payment issues. 4. Payment Processing: Prepare and execute payments electronic transfers or other methods within established timelines. 5. Reconciliation: Reconcile accounts payable transactions with Vendor SOA and update vendor account. 6. Expense Reporting: Assist in the preparation of expense reports and support month-end closing activities. 7. Record Keeping: Maintain accurate records and documentation of financial transactions and invoices. 8. Compliance: Ensure compliance with company policies, procedures, and relevant accounting standards. 9. Reporting: Generate regular reports on accounts payable activities for management review. 10. Process Improvement: Identify and implement process improvements to enhance efficiency and accuracy within the accounts payable function. Competencies and skills Proven work experience in accounts payable or a similar role. Proficiency in accounting software and MS Office, particularly Excel. Strong attention to detail and accuracy in processing financial information. Excellent organizational and time management skills. Ability to prioritize tasks and work efficiently in a fast-paced environment. Strong communication skills for interactions with internal and external stakeholders. Understanding of accounting principles and practices. Experience with ERP systems or accounting software, CorgoWise One is a Plus. Familiarity with financial regulations and compliance standards. Analytical skills for reconciling accounts and identifying discrepancies.

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