Invensis Technologies - Manager - Accounts Payable/Receivable

Job Description: Accounts Payable & Receivable manager

Location: Bangalore, India

Shift Timings: 5:30 AM to 2:30 PM

Preferred Candidates: Immediate joiners living near JP Nagar, Bangalore (One-way cab facility available for female candidates)

Position Overview:

- We are seeking a highly skilled Accounts Payable & Receivable Specialist to join our finance team.

- The ideal candidate will have a robust understanding of accounting principles, including profit & loss, balance sheet, vendor reconciliation, and bank reconciliation.

- This role requires advanced Excel skills and the ability to manage centralized invoice processing efficiently.

- The candidate should be proactive in establishing training routines, capturing invoices in small doses, conducting regular audits, and reviewing payments.

Key Responsibilities:

Accounts Payable:

- Process and verify invoices for payment.

- Manage payment reviews and ensure timely payments to vendors.

- Handle centralized invoice processing efficiently.

Accounts Receivable:

- Monitor and manage customer accounts.

- Ensure timely collection of outstanding payments.

- Maintain accurate records of all accounts receivable transactions.

Reconciliation:

- Perform vendor reconciliation to ensure accuracy of accounts.

- Conduct bank reconciliation regularly to maintain accurate cash flow records.

Financial Statements:

- Prepare and analyze profit & loss statements and balance sheets.

- Ensure accurate and timely reporting of financial data.

Training & Process Improvement:

- Establish training routines for team members to ensure process consistency.

- Capture invoices in small doses to manage workload effectively.

- Conduct regular audits to ensure compliance and accuracy of financial data.

Advanced Excel:

- Utilize advanced Excel skills for data analysis, reporting, and process improvement.

- Create and maintain complex spreadsheets to support financial operations.

Qualifications:

- Bachelor's or Master's degree in Commerce (B. Com or M. Com).

- Proven experience in accounts payable, accounts receivable, and financial reconciliation.

- Strong knowledge of profit & loss statements, balance sheets, and financial reporting.

- Proficiency in advanced Excel and other accounting software.

- Excellent analytical skills and attention to detail.

- Strong organizational and time management skills.

- Excellent communication and interpersonal skills.

Preferred:

- Candidates with experience managing pressure during month-ends.

- Experience in process simplification and department knowledge in accounting.

- Immediate joiners living near JP Nagar, Bangalore.