Accounts Payable

Baranh Pvt. Ltd. is seeking a diligent and detail-oriented Account Executive - Payable to join our Accounts & Finance team. The role focuses on managing vendor payments, ensuring compliance with financial regulations, and maintaining accurate records for all payables. If you have strong analytical skills and thrive in a fast-paced environment, we want you on our team!

Key Responsibilities:

Accounts Payable Management:

• Accurately process supplier invoices, ensuring compliance with agreed payment terms.
• Oversee lease payments, utility bills, and recurring expenses, ensuring timely payments to avoid penalties.
• Perform vendor account reconciliations and resolve discrepancies efficiently.
• Prepare and maintain accounts payable aging reports and advise corrective actions for overdue payments.

Financial Analysis & Reporting:

• Generate monthly reports for payables, including detailed analysis of trends and actionable recommendations.
• Conduct variance analysis of actual vs. budgeted expenditures and propose adjustments where necessary.
• Support the team in financial planning and provide insights on improving payment processes.

Compliance & Documentation:

• Ensure all payables are compliant with tax regulations, including withholding taxes.
• Maintain proper documentation for all payables to support audits and internal controls.
• Collaborate with the tax department to ensure proper withholding and tax compliance on supplier payments.

Process Optimization:

• Identify inefficiencies in payable workflows and recommend automation or procedural improvements.
• Collaborate with restaurant outlet managers to streamline payment processes.

Stakeholder Collaboration:

• Act as the point of contact for vendor-related payment inquiries.
• Build and maintain strong relationships with suppliers and internal stakeholders.

Job Requirements:

• Education: Bachelors/Masters in Accounting, Finance, or a related field.
• Experience: Minimum 2-3 years of experience in accounts payable or a similar role.
• Skills:
• Proficiency in SAP B1 or similar ERP systems.
• Advanced knowledge of Excel and financial reporting tools.
• Strong attention to detail and organizational skills.
• Familiarity with tax compliance and financial regulations.
• Preferred: Prior experience in the hospitality or restaurant industry.

Job Type: Full-time

Pay: Rs45,000.00 - Rs55,000.00 per month

Work Location: In person

Information :

• Company : Unze London
• Position : Accounts Payable
• Location : Lahore Ferozepur Road
• Country : PK