DHL
Website:
dhl.com
Job details:
Senior Executive: Accounts Payable
Job Title
Senior Executive – Accounts Payable
Function
Accounts
Responsible for timely and efficient accounting and payment processing to facilitate timely payments to vendors / channel partners / service partners etc. in line with the applicable statutory / regulatory requirements and internal guidelines
Responsibilities
- Conduct execution of accounts payable activities in adherence to defined accounting guidelines, practices and standard operating procedures
- Conduct and ensure accuracy of data entry for vendor related payments, cash vouchers etc.
- Raise vendor codes for the processing of payments as per the terms of contract and ensure payment processing only on verification of compliance with vendor codes
- Conduct bill processing and detailed verification of vendor invoices generated for the services availed
- In case of defective invoice, ensure rectification of the invoice. Follow up with the buyer on a periodic basis for the corrected invoice within prescribed time limits
- Conduct payment processing on verification of the bills / invoices / vouchers etc. after determining relevant tax liability and statutory deductions
- Review the credit period of vendors on a regular basis and process transactions as per the applicable credit period
- Conduct timely processing of cash payments in coordination with regional teams
- Perform bank reconciliation and account for bank charges on a daily basis
- Check whether the payment is executed / rejected by the bank and find out the reason for rejection of payment, if any
- Support octroi reconciliation activities and ensure all octroi and statutory payments are made within defined timelines
- Respond to and satisfactorily resolve queries raised by internal and statutory audits
- Prepare and submit MIS as required by the superior
- Key Result Areas and Key Performance Indicators
S.No.
Key Result Areas
Key Performance Indicators
Ensure efficiency and timely verification of vendor payments
- % accurate invoice verification
- % timely processing of payments to vendors
Efficiency in accounts payable operations
- % accurate data entry of accounts payable transactions
- % timely filing and recording of vendor invoice along with the tax invoice
Processing of all COD, FOD, DOD etc. payments
- % timely completion and accuracy of all payments related to COD, FOD, DOD and related transactions
Maintenance of documentation and record keeping
- Number of deviations observed in documentation requirements
Ensure performance driven culture
- Adherence to performance management system timelines and guidelines
Eligibility
- Not in active PIP or under disciplinary action.
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