Executive, Finance

About the Role

Razorpay is seeking an enthusiastic and detail-oriented Accounting professional to manage key Accounts Payable processes within the finance function. The incumbent will work closely with the finance team, other departments, and external stakeholders to ensure efficient management of the accounts payable function, accurate financial reporting, compliance with statutory requirements, and implementation of best practices and controls.

Key Responsibilities

• Invoice Processing & Vendor Management
• Review, code, and enter vendor invoices, purchase orders (POs), and contracts into the accounting/ERP software.
• Perform 3-way matching (Invoice vs. Purchase Order vs. SOD) to ensure payment accuracy.
• Handle vendor onboarding, verify bank details, and maintain active, compliant vendor master records.
• Address vendor payment inquiries and resolve billing/discrepancy issues.
• Statutory Compliance & Tax Deductions (India)
• Ensure accurate deduction and filing support for TDS (Tax Deductions at Source) on qualifying vendor payments under relevant Sections (e.g., 194C, 194J, 194Q).
• Verify GST details on incoming invoices to ensure valid Input Tax Credit (ITC) claimability (matching with GSTR-2B data).
• Payment Processing & Reconciliations
• Assist in preparing batch electronic payouts via Corporate Net Banking, ACH, NEFT, RTGS, and FinTech payment payout rails/APIs.
• Reconcile vendor ledgers, monthly supplier statements, and petty cash logs.
• Assist in month-end AP closing routines, aging analysis, and expense accrual computations.
• Employee Expenses & Audit Support
• Process employee expense reports and reimbursements via corporate tools in line with company travel and expense policy.
• Maintain a digital repository for all receipts, tax invoices, contracts, and payment vouchers.
• Support internal, statutory, and tax audit processes by pulling required document samples and schedules.

Requirements & Tech Stack

• In-depth knowledge of accounting principles, TDS, GST.
• Strong Excel skills.
• Working knowledge of SAP.
• Ability to manage multiple tasks and work under pressure to meet deadlines.

Qualifications

• Accounts Payable professional with 1-2 years of work experience.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication and interpersonal skills, with the ability to collaborate across departments and with external stakeholders.