AddressAbout Bizongo:
At Bizongo, we help brands and enterprises achieve scalable growth through our AI-powered transaction first vendor digitization and embedded financing platform. Bizongo’s platform has an embedded ecosystem of 450+ brands/enterprises across diverse industries, an extensive vendor network of 7500+ businesses, and 30+ financial institutions. We offer ease of business and growth opportunities to businesses across India’s backbone industries.
About Function:
At BGFO, we carry out all the multiple types of audits and due diligence at Bizongo. We are also responsible for setting up processes, creation and implementing of SOP's and internal controls. Working with cross functional teams to ensure that the business practises and in line with accounting as well as auditing standards and requirements.
What you’ll be doing:
- Receiving and reviewing invoices from vendors and suppliers. Ensuring that all invoices are accurate, properly authorized, and comply with company policies before processing them for payment.
- Driving the automation in the Accounts Payable function, understanding and identifying the processes to automate and digitize the invoice review and payment processes.
- Managing the payment process, which may include preparing checks, initiating electronic fund transfers, and ensuring timely payments to vendors.
- Establishing and maintaining good relationships with vendors, resolving any payment-related issues, and handling vendor inquiries.
- Maintaining accurate and up-to-date records of all account’s payable transactions, invoices, and payments. Ensuring the payment review is conducted before the release of payments, keeping track of all payments, and releasing the same on due date basis.
- Conducting periodic reconciliations of Accounts Payable records with vendor statements and the general ledger to ensure accuracy.
- Assist in preparing tax-related documents, such as tax returns and supporting schedules. Ensure compliance with tax regulations and liaise with external tax consultants when necessary.
- Monitoring cash flow and making sure that payments are made efficiently while managing working capital effectively.
- Preparing and presenting financial reports related to Accounts Payable to management and other stakeholders as needed.
- Identifying areas for process improvement within the Accounts Payable function and implementing changes to enhance efficiency and accuracy.
- Compliance first approach, ensuring the relevant compliances are adhered and followed in the AP function related to GST, TDS, RBI, Customs etc.
- Assisting with periodic book closures, internal and external audits related to Accounts Payable.
What will make you a good fit:
- Bachelor's or PG degree in Accounting, Finance, or a related field. (CA /ICWA would be an added advantage)
- Proven work experience of 6 to 8 years as an Accounts Executive, Accountant, or similar role.
- Ability to understand and automate the processes for the Invoice processing, review and payment processing.
- Good Knowledge of GST filing, TDS, and verification of Vendor Invoices
- Proficiency in using accounting software like Tally 9.0/ Prime
- Well Versed in MS Excel and MS Dynamics 365 system
- Ability to meet deadlines and work under pressure in a fast-paced environment.
- Ability to maintain confidentiality and handle sensitive financial information.
- Candidates from a manufacturing background would be given preference.
