Job Description
The purpose of this position is to further develop, improve and sustain the accounts payable process and all related compliances to support the growth of the organization in India.
The Accounts Payable Processor is responsible and accountable for the content and timing of all vendor invoices and travel entertainment (TE) reports processing and its related payments.
Compliance with the current fiscal requirements in India, along with the maintenance of all Tax accounting entries both in USGAAP and Indian GAAP reporting.
This position requires close coordination with other H.B. Fuller functions in India and external service providers.
The Accounts Payable Processor reports to the Finance Manager India.
This individual will be involved in:
- Supervise AP function and take control for overall AP processes.
- Entering invoices received from business into SAP for further processing.
- Process invoices as per SOP designed in SAP system.
- Process Expense claims in SAP.
- Co-ordination with bank for collection of bills of exchange / other documents.
- Foreign Vendors payments uploading documents on banks portal and resolving their queries in connection with the payment.
- Submitting bill of entries against advance payment to foreign vendors.
- Support in AP accruals / provision entries at the month end.
- Timely Vendor accounts Account reconciliations and sending out account statements.
- Payment of Taxes TDS / GST / TCS.
- Follow up with stake holders for bills required to be booked against monthly accruals.
- Following SOX compliance requirements.