The Role
Manage and execute overseas import-related vendor and employee payments via SAP S/4HANA and banking platforms. Verify invoices and supporting documents, ensure accounting entries and tax deductions, coordinate with Procurement/Logistics/Tax/Treasury/Customs and banks, perform reconciliations, maintain audit trails, and ensure compliance with FEMA, RBI, GST and TDS. Support audits and drive process improvements and automation.
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Job Description
Executive - Accounts PayableTo manage and execute import-related payments for vendors and employees accurately and within defined timelines, ensuring compliance with company policies, banking requirements, tax regulations and internal controls.- Process and manage import payments to overseas vendors through SAP S/4HANA and banking platforms.
- Handle payments related to imports of goods, services, freight, customs duties and other import-related expenses.
- Verify invoices, purchase orders, supporting documents, bank details and payment instructions before processing payments.
- Coordinate with Procurement, Logistics, Tax, Treasury, Customs and other stakeholders for timely resolution of payment-related issues.
- Process employee-related payments/reimbursements connected with import and business activities, wherever applicable.
- Ensure appropriate accounting entries, tax deductions and documentation are completed before payment processing.
- Monitor payment due dates and ensure timely settlement of overseas vendor obligations.
- Coordinate with banks for payment processing, payment confirmations, amendments, rejection handling and other transaction-related queries.
- Perform reconciliation of vendor accounts, bank transactions and outstanding payment items.
- Maintain proper documentation and audit trail for all import payment transactions.
- Support internal and statutory audits by providing required payment records and supporting documents.
- Ensure compliance with applicable FEMA, RBI, GST, TDS and other regulatory requirements related to import payments.
- Identify process gaps and support automation and process improvements in import payment activities.
Skills Required
- Experience using SAP S/4HANA for payment processing
- Experience processing import-related payments (vendors, freight, customs duties)
- Knowledge of FEMA, RBI, GST and TDS regulatory compliance for import payments
- Ability to verify invoices, purchase orders, supporting documents, bank details and payment instructions
- Experience coordinating with Procurement, Logistics, Tax, Treasury and Customs stakeholders
- Experience coordinating with banks for international payment processing, confirmations and exception handling
- Experience performing vendor account and bank transaction reconciliations
- Maintain documentation and audit trail; support internal and statutory audits
- Ensure appropriate accounting entries, tax deductions and documentation before payments
- Identify process gaps and support automation and process improvements in import payment activities
- Process employee-related payments/reimbursements related to import and business activities where applicable
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The Company
What We Do
Piramal Pharma Limited is a global pharmaceutical company that provides end-to-end drug development and manufacturing services (CDMO), complex hospital generics, and consumer healthcare products.
