Accounts Payable Executive

About Licious :

Licious is India’s first D2C Unicorn, focusing on delighting the world with an unmatched range of meat & meat products. Present in raw & fresh meat and seafood, marinades, and ready-to-eat categories, Licious is disrupting every food category that needs a meaty intervention! We are building Licious with a vision to be India’s most loved meat food brand by offering premium quality products – quite simply, we will never serve meat that we wouldn’t feed to our own families.

Roles & Responsibilities: Business Finance for 6 Months Contract
• Deep understanding of what an AP role is, i.e. vendor on boarding, invoice processing, 3 way match between PO, GRN and the invoice received, making payments to the vendor basis credit period.
• Understanding of TDS / TCS provisions under the Income-tax Act and ensuring proper TDS / TCS deduction is done while making vendor payments.
• Facilitating audits and implementing / improving existing processes.
• Team and stakeholder management.
• Working with GL team to support month end close, including variance analysis etc;
• Perform / lead vendor reconciliation processes, seek closing balance confirmations from time to time and come up with a plan to close old balances.
• Work with the GST team to find out and take actions on defaulting vendors from a GST perspective and take appropriate actions against such vendors.
• Do a penny test / GST background check for vendors that we work with from time to time.
• Understanding of Provisions, Prepaid expenses & CWIP.
• Detailed Understanding of Fixed Asset accounting & Depreciation.
• Ability to handle queries & escalation independently.
• Open to Ad hoc tasks including preparing reports/assisting the team

Desired Candidate:
• Must have Minimum 3 years of work experience in Accounts payable
• Must be a BCOM graduate
• Excellent Communication and Negotiation skills referred