Accounts Payable & Vendor Management Executive

Year    MH, IN, India

Job Description

Job Title: Accounts Payable & Vendor Management Executive



Department:

Finance & Accounts

Industry:

Logistics & Supply Chain

Reports To:

Finance Manager / Head of Finance

Job Summary



We are seeking a detail-oriented and proactive

Accounts Payable & Vendor Management Executive

to join our Finance team. The role will be responsible for managing end-to-end accounts payable operations while ensuring accurate, timely, and compliant payments to vendors and service partners.

This position plays a key role in maintaining strong vendor relationships, ensuring cost control, and supporting smooth logistics operations. The ideal candidate will have a solid understanding of accounts payable processes, vendor reconciliation, and compliance requirements within a fast-paced logistics environment.

Key Responsibilities



Accounts Payable



Manage the complete accounts payable cycle, including invoice verification, posting, approvals, and payments. Ensure timely and accurate processing of vendor invoices in accordance with agreed contracts and service terms. Perform three-way matching of purchase orders, goods received notes, and vendor invoices. Prepare payment runs and ensure adherence to payment schedules and cash flow planning. Maintain accurate records of all payables, advances, accruals, and provisions. Support month-end and year-end closing activities related to accounts payable.

Vendor Management



Maintain and manage vendor master data, ensuring accuracy and compliance with internal controls. Reconcile vendor statements regularly and resolve discrepancies promptly. Coordinate with procurement, operations, and vendors to resolve billing, pricing, or service-related issues. Monitor vendor performance, payment terms, and compliance with contractual agreements. Assist in onboarding new vendors, including documentation, compliance checks, and system setup.

Compliance & Reporting



Ensure compliance with statutory requirements such as GST, TDS, and other applicable regulations. Support internal and external audits by providing accurate documentation and explanations. Prepare periodic reports on accounts payable aging, vendor balances, and payment forecasts for management review.

Qualifications & Experience



Bachelor's degree in Accounting, Finance, Commerce, or a related field. 2-5 years of experience in accounts payable and vendor management, preferably within logistics, transportation, or supply chain industries. Strong understanding of accounts payable processes, vendor reconciliation, and cost controls. Experience working with ERP systems and accounting software (e.g., SAP, Oracle, Tally, or similar).

Skills & Competencies



Strong attention to detail with a high level of accuracy. Good knowledge of GST, TDS, and other statutory compliance requirements. Proficiency in Microsoft Excel and financial reporting tools. Excellent communication and coordination skills to work effectively with vendors and internal stakeholders. Ability to manage high-volume transactions and meet strict deadlines. Strong analytical, problem-solving, and organisational skills. Professional approach to vendor communication and relationship management.

Preferred Qualifications



Experience in handling freight vendors, transporters, agents, and service providers. Knowledge of logistics contracts, freight billing, and operational cost structures. Experience in multi-location or high-volume transaction environments.
Job Type: Full-time

Pay: ₹500,000.00 - ₹1,000,000.00 per year

Work Location: In person

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Job Detail

  • Job Id
    JD5021579
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year