Larsen & Toubro Hiring for Accounts Executive at Chennai, Tamil Nadu, India Full Time

• Accounts Payable Oversight:

Manage the full-cycle accounts payable process, including invoice approval and payment.

Supervise and mentor shared services team, ensuring accuracy and timeliness in daily operations.

Contribute to the development and management of the accounts payable budget.

• Expense Management:

Oversee employee expense reimbursements, ensuring compliance with company policies.

Monitor corporate credit card usage and ensure proper documentation and reconciliation.

• Reconciliation and Reporting:

Reconcile accounts payable transactions and vendor statements.

Assist in month-end closing and preparation of reports as needed.

• Compliance and Documentation:

Ensure adherence to internal controls, company policies, and regulatory requirements.

Maintain organized and up-to-date accounts payable files and records.

Ensure compliance with company policies, accounting procedures, and relevant regulations (e.g., GST, TDS). Participate in internal and external audits as required.

• Cross-functional Collaboration:

Work closely with procurement, Shared services team and other departments to streamline payment processes.

Provide support during audits by preparing documentation and reports.

Oversee all accounts payable processes, ensuring efficiency, accuracy, and compliance with company policies and accounting procedures.

• Reporting & Analysis:

Generate accounts payable reports, including aging summaries and payment forecasts.

Support the F&A team with financial reporting and analysis during month-end and year-end closings.

• Process Improvement:

Identify opportunities to optimize and streamline accounts payable processes.

Assist in the implementation of automation tools to enhance efficiency.