Accounts Executive - Accounts Payable Job

Job Description:-
Vendor Payment Processing:
l Proposing vendor payments while considering vendor aging, which involves managing the timing and prioritization of payments to vendors.
Tax Compliance:
l Preparing and filing the GSTR-1 (Goods and Services Tax Return) and other tax-related documents as required by the local tax authorities.
Vendor Communication:
l Sending payment confirmations to vendors to keep them informed about the status of their invoices.
Bank Liaison:
l Establishing and maintaining relationships with banks and handling bank-related transactions.
TDS Deductions:
l Deducting Tax Deducted at Source (TDS) as applicable and ensuring compliance with tax regulations.
ETDS Knowledge:
l Familiarity with Electronic Tax Deducted at Source (ETDS) processes and compliance requirements.
Reconciliation:
l Conducting bank account reconciliations to ensure that all financial transactions are accurately recorded and accounted for.
Reporting:
l Preparing financial reports and statements as required by senior management, which may include cash flow statements, accounts payable reports, and other financial analyses.
Digitization and Record Keeping:
l Managing the digitization of financial documents and maintaining organized and accessible records for audit and reference purposes.

Information above is Internshala's interpretation and paraphrasing of what we found on the shared link.