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.
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.
Skills Required
- Bachelor's degree in Accounting or a related field, or equivalent combination of education and experience
- Minimum 5 years of relevant accounts payable or finance experience
- Experience with accounting in payments and general ledger
- Proficiency using Netsuite for accounts payable and payroll processing
- At least 3 years of hands-on payroll payment processing experience in Netsuite
- Strong understanding of accounting principles and practices
- Ability to analyze financial data and interpret reports
- Meticulous attention to detail in payment processing and data management
- Fluent English and excellent communication and interpersonal skills
- Ability to collaborate with cross-functional teams and external vendors
- Ability to identify issues, propose solutions, and implement process improvements
- Strong organizational skills and ability to manage multiple priorities and deadlines
What We Do
Multiplier is a leading global employment platform that makes it easy for companies to employ teams internationally. Its proprietary technology simplifies the employment process by managing the complexities of local compliance, labour contracts, payroll, benefits and taxes. We enable companies to manage their distributed teams via a simple dashboard while taking responsibility for local labor law compliance on their behalf. We are passionate about creating a world where people can get a job they love, without having to leave the people they love.
