Accounts Payable Specialist

Role: Accounts Payable SpecialistLocation: Visakhapatnam(on-site)Experience: 2+ YearsTimings: (6:30 pm to 3:30 am) ISTJob Summary: The Accounts Payable Specialist is responsible for managing all aspects of accounts payable processing, ensuring accurate and timely payments to vendors, suppliers, and other creditors. This role involves verifying and reconciling invoices, resolving discrepancies, and maintaining appropriate documentation. The Accounts Payable Specialist plays a crucial role in maintaining financial accuracy and integrity within the organization.Key Responsibilities:Process incoming invoices from vendors and suppliers, ensuring accuracy and completeness of documentation.Verify invoice details, including pricing, quantities, and terms, and match them with purchase orders and receiving documents.Code and enter invoices into the accounting system for payment processing.Reconcile vendor statements, resolve discrepancies, and follow up on outstanding issues as needed.Prepare and process payment runs, including checks, ACH transfers, and wire transfers, in accordance with payment terms and company policies.Respond to vendor inquiries and resolve payment-related issues in a timely and professional manner.Assist with month-end closing activities, including account reconciliations and accruals related to accounts payable.Maintain accurate and organized accounts payable records and documentation, both electronic and hard copy.Collaborate with internal departments, such as Purchasing and Receiving, to ensure timely and accurate processing of invoices.Assist in the implementation and improvement of accounts payable processes and procedures to enhance efficiency and effectiveness.Qualifications:Bachelor's degree in Accounting, Finance, or related field preferred.2+ years of experience in accounts payable or related financial roles.Proficiency in accounting software and Microsoft Office suite, especially Excel.Strong attention to detail and accuracy in data entry and reconciliation.Excellent organizational and time management skills with the ability to prioritize tasks.Effective communication skills, both written and verbal.Ability to work independently and as part of a team in a fast-paced environment.Knowledge of accounting principles and practices related to accounts payable.Coupa experience is required. PRB