Posted 7 days ago

Executive - Accounts Payable

Piramal Pharma Limited India, Mumbai, MH
Onsite Full Time

Job description

Be the First to Apply 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. Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. Piramal Pharma Limited, offers a portfolio of differentiated products and services through its 17 global development and manufacturing facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated Contract Development and Manufacturing Organization; Piramal Critical Care (PCC), a Complex Hospital Generics business; and the India Consumer Healthcare business, selling over-the- counter products. In addition, one of PPL’s associate companies, AbbVie Therapeutics India Private Limited is a JV with AbbVie Inc. and has emerged as one of the market leaders in the ophthalmology therapy area. Further, PPL has a minority investment in Yapan Bio Private Limited. In October 2020, PPL received a 20% strategic growth investment from the Carlyle Group. PPL provides equal employment opportunities to all employees and applicants for employment. It prohibits discrimination and harassment based on race, color, age, sex, religion, national origin or ethnicity, disability status, genetics, protected veteran status, sexual orientation, gender identity, or expression, or any other characteristic protected by applicable law. Our employment decisions are based on merit considering qualifications, skills, performance, and achievements. Equal employment opportunity applies to all terms and conditions of employment, including recruitment, selection, training, social programs, placement, promotion, demotion, compensation and benefits, transfers, terminations, and working conditions.

Skills and functions

  • Finance