Accountant Payable Executive

Key responsibilities of an Accountant Payable Executive at Fusion CX in Kolkata:

1. Financial Recordkeeping:

• Maintain accurate and up-to-date financial records.
• Process invoices, receipts, payments, and other financial transactions.

1. Preparation of Financial Statements:

• Prepare monthly, quarterly, and annual financial statements (e.g., balance sheet, income statement, cash flow statement).
• Ensure financial statements comply with accounting standards (e.g., GAAP, IFRS).

1. Budgeting and Forecasting:

• Assist in the preparation of budgets.
• Monitor actual performance against budgets and forecasts, providing explanations for variances.

1. Reconciliation:

• Reconcile bank statements, accounts payable, accounts receivable, and other financial accounts.
• Identify discrepancies and resolve them promptly.

1. Audit Preparation:

• Assist with internal and external audits
• Provide supporting documentation for audits and respond to audit queries.

1. Financial Analysis:

• Analyze financial data to identify trends and make recommendations.
• Provide insights into cost control, profitability, and performance improvement.

1. Invoice Processing:

• Receive, verify, and process supplier invoices and ensure that all payments are accurately recorded in the system.
• Match invoices with purchase orders and receive reports to ensure proper documentation.
• Code invoices to the correct general ledger accounts.

1. Payment Processing:

• Prepare and schedule payments to vendors and suppliers, ensuring timely processing according to agreed-upon payment terms.
• Process payments via checks, bank transfers, or other methods.
• Ensure that payments are made accurately and in compliance with company policies.

1. Vendor Management:

• Maintain positive relationships with vendors and suppliers.
• Respond to vendor inquiries about payment status and resolve issues or discrepancies.
• Review and update vendor records regularly to ensure accurate contact information and payment details.