Accounts Payable Executive

Job Description

Title: Accounts Payable Executive

Company Name: Duncan Brothers (BD) Limited

Vacancy: 1

Age: At most 35 years

Job Location: Dhaka

Salary: Tk. 25000 - 35000 (Monthly)

Experience:

• 2 to 4 years

• Bachelor of Business Administration (BBA) in Accounting
• Bachelor of Commerce (BCom) in Finance
• Bachelor of Business Studies (BBS)
• Bachelor/Honors

Technical Skills:

• Proficiency in accounting software (e.g., Sage).
• Strong Excel skills      

Soft Skills:

• High attention to detail and accuracy.
• Strong organizational and time-management skills.
• Good communication skills (English & Bengali).

Other: Knowledge of VAT,TDS, and tax compliance in Bangladesh.

• 2 to 4 years

• Age At most 35 years

Job Summary:

The Accounts Payable Executive will be responsible for managing the end-to-end invoice processing and payment cycle for the company’s vendors and suppliers. The role ensures timely and accurate processing of payments while maintaining compliance with company policies and accounting standards. The ideal candidate should have strong attention to detail, excellent organizational skills, and experience in accounts payable processes, preferably in the manufacturing sector.

Key Responsibilities:

Invoice Processing & Payment Management:

• Verify, code, and process vendor invoices accurately and in a timely manner.
• Ensure invoices are properly authorized as per company approval hierarchy.
• Match invoices with purchase orders (POs) and delivery receipts (GRNs).
• Process payments (cheque, bank transfer, online payments) as per payment terms.
• Reconcile processed payments against bank statements.

Vendor & Supplier Coordination:

• Maintain vendor accounts and resolve discrepancies in billing/payments.
• Respond to vendor inquiries regarding payment status and resolve disputes.
• Ensure timely follow-up for pending invoices and documentation.

Expense & Reimbursement Management:

• Verify and process employee expense claims and reimbursements.
• Ensure compliance with company policies and tax regulations.

Record Keeping & Reporting:

• Maintain accurate and up-to-date accounts payable records.
• Prepare monthly AP aging reports and assist in month-end closing.
• Support internal and external audits by providing necessary documentation.

Compliance & Process Improvement:

• Ensure adherence to company policies, accounting standards, and tax regulations.
• Identify opportunities to streamline AP processes for efficiency.