Accounts Payable - Transactional (Vendor Master Data)

Accounts Payable - Transactional Vendor Master Data

Job Summary:

We are seeking a dedicated and detail-oriented Accounts Payable Specialist focused on Vendor Master Data (VMD). This role is pivotal in ensuring the accuracy and integrity of vendor information, contributing directly to our financial operations and overall vendor relationship management.

Key Responsibilities:

• Maintain and update Vendor Master Data in accordance with company policies and procedures.
• Verify and validate vendor information through comprehensive data entry and cross-referencing.
• Collaborate with internal teams to resolve any discrepancies related to vendor data.
• Implement and monitor procedures to prevent inaccuracies within the vendor database.
• Assist in audits of vendor information and support compliance initiatives.
• Respond to vendor inquiries and manage communication effectively to uphold strong vendor relationships.
• Generate reports on vendor data for management review and decision-making.

Requirements:

• Bachelor’s degree in Commerce (B.Com) or Master’s degree in Commerce (M.Com) is required.
• Proven experience specifically in Vendor Master Data management; other areas of Accounts Payable will not be considered.
• Proficient in data entry with high attention to detail and accuracy.
• Strong analytical skills to assess and reconcile vendor data discrepancies.
• Excellent written and verbal communication skills for effective collaboration.
• Ability to work independently and manage time effectively in a fast-paced environment.
• Familiarity with accounting software and Microsoft Excel is preferred.