Account Payable Executive (3-4 Years)

The Accounts Payable (AP)/Account Receivable Executive is responsible for managing all vendor-related financial transactions, TDS/GST Payments , ensuring timely and accurate payments, maintaining compliance with dealership policies, and supporting smooth operations across sales, service, and parts departments.

Key Responsibilities

Invoice Processing

Receive, verify, and process vendor invoices for vehicle purchases, spare parts, accessories, and service-related expenses.

Match invoices with purchase orders and goods receipt notes (GRNs).

Ensure proper coding of expenses to relevant cost centers.

Vendor Payments

Prepare payment runs (cheques, NEFT/RTGS, online transfers).

Monitor due dates to avoid late payment penalties and maintain vendor goodwill.

Reconcile vendor accounts regularly.

Claim Reconciliation and followup from MSIL

Insurance payout/Finanace Payout receivable Reco and folloup

Expense Management

Track dealership overheads (utilities, rent, insurance, advertising).

Ensure compliance with dealership budget and approval hierarchy.

Compliance & Documentation

Maintain accurate records for audits and statutory compliance (GST, TDS, etc.).

Ensure adherence to company policies and automotive industry regulations.

Reporting

Generate monthly AP reports (aging analysis, outstanding liabilities).

Support finance manager in cash flow forecasting.

Coordination

Liaise with procurement, service, and parts departments to resolve invoice discrepancies.

Communicate with vendors regarding payment status and queries.

Skills & Qualifications

Bachelors degree in Accounting, Commerce, or Finance.

24 years of experience in accounts payable, preferably in automotive or retail.

Strong knowledge of GST, TDS, and other statutory requirements.

Proficiency in accounting software (Tally, SAP, or dealership-specific ERP).

Excellent attention to detail and organizational skills.

Strong communication and vendor management abilities.

Performance Indicators (KPIs)

Accuracy of invoice processing.

Timeliness of vendor payments.

Reduction in payment discrepancies.

Compliance with statutory requirements.

Vendor satisfaction and relationship management.

• Experience

  3 - 4 Years

• No. of Openings

  2

• Education

  Graduate (B.Com)

• Role

  Account Payable Executive

• Industry Type

  Accounting / Finance

• Gender

  Male

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office

• Face interview location

  Thane West, nr forest department , Teen Hath Naka