AP Specialist

About Job As an Accounts Payable Specialist you will contribute to our mission of revolutionizing the HR industry with cutting-edge solutions. As an integral part of our accounting team, you will play a crucial role in managing our accounts payable processes and ensuring accurate and timely payment processing. What You’ll Do Handle end-to-end accounts payable processes, including vendor invoice processing, verification, and payment issuance for all regions (India time zone). Ensure that foreign exchange is incorporated and account for in moving transactions globally Partner with the payroll team to ensure accurate payments to supported employees Work with banking partners to ensure efficient relationships and rails are made for executing payments Maintaining accurate financial records and reports across multiple bank accounts Execute payments based on defined SLAs and metrics as it relates to paying members in countries where jurisdictionally compliant On-time funding receipt On-time payments to members On-time payments to statutory bodies Accurate payments to members Accurate payments to statutory bodies Accurate payments to third party vendors Maintain accurate records of all accounts payable transactions, ensuring compliance with company policies and financial regulations. Resolve discrepancies and issues related to invoices and payments, both internally and externally. Build and maintain strong relationships with vendors, addressing inquiries, and resolving payment-related concerns promptly and professionally. Collaborate with internal stakeholders to ensure smooth communication with vendors and effective resolution of payment-related matters. Process employee expense reimbursements in a timely and accurate manner, ensuring adherence to company policies and expense guidelines. Leverage your expertise in Netsuite to efficiently manage payroll payment processing, ensuring employees receive accurate and timely compensation. Collaborate with the HR team to validate payroll data and resolve any discrepancies in payroll-related transactions. Utilize your experience in the general ledger to ensure proper coding and allocation of accounts payable transactions. Reconcile accounts payable balances with the general ledger and investigate and resolve any discrepancies. Assist in generating relevant financial reports related to accounts payable and payroll activities. Provide insights and analysis on accounts payable trends, payment patterns, and potential areas for improvement. Support the finance team in preparing for internal and external audits related to accounts payable and payroll processes. Ensure adherence to accounting standards and regulations in all accounts payable operations. Skills & Qualification A Bachelor's degree in Accounting or a related field, or equivalent combination of education and experience. Minimum 5 years of relevant work experience in accounts payable or finance roles. Experience with accounting in payments and general ledger. Demonstrated proficiency in using Netsuite for accounts payable and payroll processing. Preferably, at least 3 years of hands-on experience in payroll payment processing within Netsuite. Strong understanding of accounting principles and practices. Ability to analyze financial data and interpret reports. Meticulous attention to detail, ensuring accuracy in payment processing and data management. Fluent in English with excellent communication and interpersonal skills, capable of building strong relationships remotely. Ability to collaborate effectively with cross-functional teams and external vendors. Proven ability to identify issues, propose solutions, and implement process improvements. Strong organizational skills to manage multiple tasks and prioritize deadlines effectively.