Accounts Payable Executive

Year    Mumbai, Maharashtra, India

Job Description




This position will be responsible for all kind of transaction processing related to Accounts payable and receivable for India as well as foreign entities which will include verification of invoices and ensuring timely payments to the vendors and timely accounting of the necessary entries in ERP related to General ledger, payables and receivables.

This role requires an in-depth understanding of the matters related to accounting entries and TDS, GST etc in the Indian scenario. Its good to have knowledge about UAE and overseas taxation processes also. Knowledge of ERP accounting packages is also required.

What you will do?

    • Participate in projects related to ERP implementation, automation projects etc wrt Accounts payable/receivable process.
    • Regular Accounting of entries and ensuring month end closure on time in Radix group entities in ERP.
    • Manage the monthly financial close process/calendar, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation.
    • Timely verification and payments of employee?s reimbursements via reimbursement tool.
    • Preparations of month end schedule related to Prepaid, advances, Fixed deposits, Accrued exp etc.
    • Bank reconciliation to ensure the accounting of all payments and collections and preparation of cashflow statements.
    • Innovative ideas to bring automation in the processes, cost optimization ideas.
    • Preparation of month end accruals/provisions.
    • Ensure compliance with internal control policies and implement the best practices.
    • Collaborate with external auditors to ensure successful audit results and compliance.
    • Make recommendations for changes as needed and ensure that company policies and procedures are followed and ensure the proper controls.
    • Assist with compilation of information for preparation of tax returns and timely VAT refund in UAE.
    • Work with Financial reporting, Legal, Tax and Treasury Manager to ensure overall coordination of all financial accounting activities.
    • Work cohesively on budgeting requirements and analysis wrt Accounts payable and receivables.
    • Ensure all monthly reconciliation are in place.
    • Constantly endeavor to bring in efficiency in existing processes and systems.


What do you need?

    • Graduate with at least 4-6 years of relevant experience
    • Strong accounting skills with understanding of P&L, Balance sheet and cashflow.
    • Basic knowledge about GST and income tax act.
    • Ability to work independently and as a team member with excellent interpersonal skills.
    • Knowledge of working on different accounting platforms/ systems.
    • Taking ownership and leading new initiatives.
    • Ability to Multi-task and work under pressure
    • Advanced Microsoft Excel and google sheets
    • Highest standards of accuracy and precision; highly organized
    • Ability to think creatively, self-driven and self-motivated.


WE ARE THE RADICALS:
At Radix we envision a world where there is no distinction between the real names and internet addresses of individuals and businesses. We are a team of young creative hustlers who are revolutionizing the internet, one domain name at a time.


REVOLUTIONISING THE INTERNET:

We started out in 2012 as a part of the Bhavin Turakhia led Directi Group, which has been a prominent player in the web presence industry since the 90s. The meteoric rise in the number of websites back then led to an acute shortage of quality domain names. The depleting name pool within the .com / .net led to growing customer dissatisfaction as first choice names became impossible to find! We knew that domain names had to evolve in order to serve their purpose of memorable online identities.
Enter Radix. When the Internet Corporation of Assigned Names and Numbers opened the door to new top level domains other than the .com, .net, .org etc., we knew it was the perfect opportunity to solve a growing customer problem.


Equipped with powerful and meaningful new extensions such as .tech, .online, .store, .fun, .site, .press etc. we set out on a mission to eliminate the distinction between the real names and internet addresses of individuals and businesses. We started with an audacious goal of building a world where domain names are less like phone numbers which need to be written and stored and more like brand names which are easily remembered. And here we are, with almost 6 million domains already registered on our extensions, we are well on the path towards revolutionizing the internet. Brands like Viacom (www.viacom.tech), Emirates (emirates.store), Doordash (order.online), CES (ces.tech) and many more have already made the switch. It?s only a matter of time before the rest of the world does it too. To sum it up, the internet history is being rewritten and Radix is at the core of it.


Quick Stats:

Founded: 2012
HQ: Dubai, UAE
Total strength: 70+
Total investment: US$ 50 Million+
Profitable: Yes


Is Radix a Start-up?
Well, yes and no!
No, in the truest definition of the term. Next year, Radix completes a decade in existence of which the last 10 years have been highly profitable. We?ve been public with our revenue figures which have leapfrogged from $12 million in 2017 to $28 million in 2020 (32% CAGR). It's a fast growing, yet highly stable business generating significant cash flows.
Yes, in the cultural context. In terms of its energy, passion, innovative and entrepreneurial spirit, Radix ?feels? like a start-up which is looking to take on the global powerhouses in the Internet Registry space.


Additional Information :

Now a great place to work certified organization, we understand that great work comes from great, and inclusive teams. At Radix, we specifically look for individuals of varying strengths, skills, backgrounds, and ideas. We believe this gives us a competitive advantage to better serve our customers and helps us all grow as Radicals and individuals.


WE ARE THE RADICALS:

At Radix we envision a world where there is no distinction between the real names and internet addresses of individuals and businesses. We are a team of young creative hustlers who are revolutionizing the internet, one domain name at a time.


REVOLUTIONISING THE INTERNET:

We started out in 2012 as a part of the Bhavin Turakhia led Directi Group, which has been a prominent player in the web presence industry since the 90s. The meteoric rise in the number of websites back then led to an acute shortage of quality domain names. The depleting name pool within the .com / .net led to growing customer dissatisfaction as first choice names became impossible to find! We knew that domain names had to evolve in order to serve their purpose of memorable online identities.
Enter Radix. When the Internet Corporation of Assigned Names and Numbers opened the door to new top level domains other than the .com, .net, .org etc., we knew it was the perfect opportunity to solve a growing customer problem.


Equipped with powerful and meaningful new extensions such as .tech, .online, .store, .fun, .site, .press etc. we set out on a mission to eliminate the distinction between the real names and internet addresses of individuals and businesses. We started with an audacious goal of building a world where domain names are less like phone numbers which need to be written and stored and more like brand names which are easily remembered. And here we are, with almost 6 million domains already registered on our extensions, we are well on the path towards revolutionizing the internet. Brands like Viacom (www.viacom.tech), Emirates (emirates.store), Doordash (order.online), CES (ces.tech) and many more have already made the switch. It?s only a matter of time before the rest of the world does it too. To sum it up, the internet history is being rewritten and Radix is at the core of it.


Quick Stats:

Founded: 2012
HQ: Dubai, UAE
Total strength: 70+
Total investment: US$ 50 Million+
Profitable: Yes


Is Radix a Start-up?
Well, yes and no!
No, in the truest definition of the term. Next year, Radix completes a decade in existence of which the last 10 years have been highly profitable. We?ve been public with our revenue figures which have leapfrogged from $12 million in 2017 to $28 million in 2020 (32% CAGR). It's a fast growing, yet highly stable business generating significant cash flows.
Yes, in the cultural context. In terms of its energy, passion, innovative and entrepreneurial spirit, Radix ?feels? like a start-up which is looking to take on the global powerhouses in the Internet Registry space.


Additional Information :

Now a great place to work certified organization, we understand that great work comes from great, and inclusive teams. At Radix, we specifically look for individuals of varying strengths, skills, backgrounds, and ideas. We believe this gives us a competitive advantage to better serve our customers and helps us all grow as Radicals and individuals.

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Job Detail

  • Job Id
    JD3074840
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year