Junior Accountant (Accounts Payable):
Roles and Responsibilities
- Receive, verify, and process supplier invoices in accordance with company policies.
- Ensure accuracy of invoice details including PO numbers, quantities, and pricing before posting.
- Prepare and process payments (cheques, bank transfers, or online payments) on time.
- Maintain a schedule of vendor payments and ensure timely settlement of dues.
- Reconcile vendor statements and resolve any discrepancies or pending issues.
- Maintain strong communication with suppliers regarding outstanding balances or invoice clarifications.
- Record and monitor daily expenses and ensure all payments are properly documented.
- Assist in maintaining petty cash transactions and ensure proper approvals.
- Maintain organized and up-to-date records of all accounts payable documents (invoices, payment vouchers, receipts).
- Ensure compliance with accounting standards and internal control procedures.
- Assist in closing the end and year-end by preparing payable reports and ensuring all expenses are recorded in the correct period.
- Support the preparation of accruals and journal entries as required.
- Liaise with internal departments (procurement, operations, finance) to verify and resolve invoice-related issues.
- Support the senior accountant or finance manager in audits and financial reporting.
- Ensure compliance with company accounting policies and relevant financial regulations.
- Verify tax-related details (such as VAT) on invoices and ensure proper documentation for audit purposes.
- Basic knowledge of accounting principles and bookkeeping.
- Proficiency in MS Excel and accounting software (e.g., Tally, QuickBooks, ERP systems).
- Strong attention to detail and accuracy.
- Good communication and organizational skills.
- Ability to meet deadlines and work under pressure.
