Accounts Payable

Other

• About Us
• At Kodo, we believe, managing a fast-growing company’s finances & operations shouldn’t
• feel like a juggling act. That’s why we offer a single platform to streamline all purchase
• decisions, automate repetitive tasks and simplify payments. From corporate cards with smart
• controls to accounts payable and procure-to-pay solutions, Kodo equips fast-growing
• businesses with everything they need to save time, cut costs, and scale easily.
• Trusted by companies such as Cars24, Mensa Brands, Zetwerk and many more, Kodo
• transforms financial chaos into clarity. These teams are empowered with flexible corporate
• cards, automated vendor payments and reimbursements, and streamlined procurement
• processes—while integrating effortlessly with their ERPs for real-time insights.
• We have raised $14M from investors such as Y Combinator, Brex, and other global
• investors. We’re on a mission to simplify the CFO stack for fast-growing businesses. We
• believe in creating exceptional products for our customers, an enriching environment for our
• team, and a solid business that grows profitably.
• Job Description: Accounts Payable (AP) Checker - Senior Resource Position
• Summary:
• The Senior AP Checker will oversee the verification, approval, and reconciliation processes
• for Accounts Payable (AP) transactions while ensuring compliance with financial policies,
• regulatory requirements, and internal controls. The role also involves supporting month-end
• closing activities, including accruals, reconciliations, and asset capitalization.
• The ideal candidate must have hands-on experience with Procure-to-Pay (P2P) solutions,
• GST (including Reverse Charge Mechanism - RCM), TDS, and other tax-related matters.
• Key Responsibilities:
• 1. Invoice Processing & Validation:
• • Verify and validate invoices against Purchase Orders (PO) and GRNs in the P2P system.
• • Ensure compliance with contract terms, tax regulations, and organizational policies.
• • Identify discrepancies in invoices and escalate issues for resolution.
• 2. Taxation Compliance:
• • Ensure accurate application of GST, including Reverse Charge Mechanism (RCM), Input
• Tax Credit (ITC) eligibility, and TDS deductions.
• • Verify vendor compliance with tax filings (e.g., GST returns, TDS certificates).
• • Assist in reconciling GST and other tax liabilities with the accounting team.
• 3. P2P Solution Management:
• • Use P2P systems effectively to monitor purchase requisitions, purchase orders, and
• invoices.
• • Troubleshoot issues related to P2P workflows, approvals, and integrations with
• accounting/ERP systems.
• • Suggest process improvements for smoother operations of automated workflows.
• 4. Month-End Closing Activities:
• • Perform AP-related month-end closing activities, including preparing accruals for
• unrecorded liabilities.
• • Reconcile vendor accounts and resolve discrepancies before closing.
• • Ensure accurate capitalization of fixed assets, aligning with the organization’s capitalization
• policy.
• • Support finance teams with AP reports and schedules for financial statement preparation.
• 5. Payment Review & Authorization:
• • Review and authorize payment batches, ensuring proper approvals, accurate payment
• details, and timely processing.
• • Ensure compliance with payment terms and policies to avoid late payment penalties.
• 6. Reporting & Analysis:
• • Generate AP reports, including outstanding invoices, tax compliance, and vendor payment
• summaries.
• • Provide insights into payment trends, tax utilization, and optimization of cash flow.
• 7. Vendor Reconciliation:
• • Perform vendor reconciliations to ensure ledger accuracy.
• • Address and resolve vendor disputes related to payments or tax deductions within SLAs.
• 8. Internal Controls & Audit:
• • Maintain compliance with internal controls and regulatory standards, including SOX (if
• applicable).
• • Ensure proper documentation and audit trails for AP transactions.