Accounts Executive

Accounts Payable Oversight:-

• Manage the full-cycle accounts payable process, including invoice approval and payment.
• Supervise and mentor shared services team, ensuring accuracy and timeliness in daily operations.
• Contribute to the development and management of the accounts payable budget.

Expense Management:-

• Oversee employee expense reimbursements, ensuring compliance with company policies.
• Monitor corporate credit card usage and ensure proper documentation and reconciliation.

Reconciliation and Reporting:-

• Reconcile accounts payable transactions and vendor statements.
• Assist in month-end closing and preparation of reports as needed.

Compliance and Documentation:-

• Ensure adherence to internal controls, company policies, and regulatory requirements.
• Maintain organized and up-to-date accounts payable files and records.
• Ensure compliance with company policies, accounting procedures, and relevant regulations (e.g., GST, TDS). Participate in internal and external audits as required.

Cross-functional Collaboration:-

• Work closely with procurement, Shared services team and other departments to streamline payment processes.
• Provide support during audits by preparing documentation and reports.
• Oversee all accounts payable processes, ensuring efficiency, accuracy, and compliance with company policies and accounting procedures.

Reporting & Analysis:-

• Generate accounts payable reports, including aging summaries and payment forecasts.
• Support the F&A team with financial reporting and analysis during month-end and year-end closings.

Process Improvement:-

• Identify opportunities to optimize and streamline accounts payable processes.
• Assist in the implementation of automation tools to enhance efficiency.

Qualification:-

• Bachelor of Commerce (BCom)
• Master of Business Administration (MBA)
• Master of Commerce (MCom)

Location:-

• Chennai, India.

Company Overview:-

L&T Hydrocarbon Engineering (LTHE) is an engineering, procurement, fabrication, construction and project management company providing integrated ‘design to build’ solutions to large and complex Offshore and Onshore hydrocarbon projects worldwide. As a subsidiary of Larsen & Toubro Limited (L&T), a USD 21 billion technology, engineering, construction, projects, manufacturing and financial services conglomerate, L&T Hydrocarbon Engineering is positioned to sharpen its focus on service to its customer base and enhance responsiveness in all its engagements. The subsidiary continues to draw on the parent company’s organizational strengths and experience. More than three decades of proven experience and extensive capabilities are backed by IT-enabled processes and digitalization techniques. The Company adheres to global quality norms and HSE standards ensuring reliability and on-time delivery. L&T Hydrocarbon Engineering caters to the needs of its client base in multiple geographies – India, the Middle East, CIS countries, Asia Pacific, Africa, the Americas and Europe. Conscious of its larger responsibilities as a corporate citizen, L&T Hydrocarbon Engineering is committed to the development of the communities around its facilities and project sites