Accounts Payable Specialist

Employer: M/s Saumya Thakkar & Associates, Chartered Accountants

Work Location: Mumbai-Powai

Employment Type: Full-time,

Experience: 1-2 years in accounting / accounts payable

Qualification: B.Com (candidates with strong AP experience also considered)

About the role:

We are hiring an Executive – Accounts Payable to be deputed full-time for our leading client in Mumbai. You will be employed by M/s Saumya Thakkar & Associates and work closely with client's finance team, handling day-to-day accounting, reconciliations, and TDS compliance.

Key Responsibilities:

• Daily accounting — Recording of service invoices, bank entries, and general ledger entries on a day-to-day basis

• Bank reconciliation — Preparing BRS on a weekly basis and resolving open items promptly

• Employee expense accounting — Processing and accounting of travel expense claims and other employee reimbursements as per policy

• Vendor reconciliation — Periodic reconciliation of vendor ledgers, following up on discrepancies, debit/credit notes, and balance confirmations

• Schedules & workings — Preparing schedules for expenses, provisions, prepaid, and other GL accounts for monthly closing and audit requirements

• Statutory compliance (TDS) — Ensuring correct TDS deduction on vendor payments, preparing data for monthly TDS payment and quarterly return filing

Candidate Requirements:

• 1–2 years of hands-on experience in accounts payable / general accounting

• Working knowledge of TDS provisions applicable to vendor payments

• Proficiency in Tally / ERP-based accounting systems and MS Excel

• Strong attention to detail and ability to meet weekly and monthly closing timelines

• Good communication skills — the role involves coordination with vendors, employees, and the client's finance team