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Account Payable Exceutive

1.00 to 10.00 Years   Lahore, Pakistan   26 Mar, 2024
Job LocationLahore, Pakistan
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

About the job Account Payable ExceutiveResponsibilities:

  1. Invoice Processing:
    • Efficiently process a high volume of invoices, ensuring accuracy and adherence to company policies.
    • Verify coding, obtain approvals, and enter invoices into the NetSuite system.
  2. Payment Processing:
    • Execute timely and accurate payments through various payment methods (checks, ACH, wire transfers) in compliance with payment terms.
    • Reconcile payment records with vendor statements and resolve discrepancies.
  3. Vendor Management:
    • Maintain effective communication with vendors to address inquiries, resolve issues, and ensure a positive vendor relationship.
    • Regularly update vendor information in the NetSuite system.
  4. Expense Reimbursement:
    • Process employee expense reports, ensuring compliance with company policies.
    • Reconcile credit card statements and ensure proper documentation for expenses.
  5. Month-End Close:
    • Assist in month-end closing activities related to accounts payable, including accruals and reconciliations.
  6. Reporting:
    • Generate and analyze reports from NetSuite to provide insights into accounts payable metrics.
    • Prepare ad-hoc reports as required by management.
  7. Compliance:
    • Ensure compliance with accounting policies, procedures, and relevant regulations.
    • Stay updated on changes in accounting standards and make recommendations for process improvements.
  8. Collaboration:
    • Collaborate with cross-functional teams, including procurement, finance, and other departments, to streamline processes and improve efficiency.
Qualifications:
  • Bachelors degree in Accounting, Finance, or related field.
  • Proven experience as an Accounts Payable Specialist or similar role.
  • Strong understanding and hands-on experience with NetSuite ERP system.
  • Knowledge of accounting principles and practices.
  • Proficient in Microsoft Excel and other accounting software.
  • Excellent organizational and time-management skills.
  • Strong attention to detail and accuracy.
  • Effective communication and interpersonal skills.

Keyskills :

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