Account Payable

About the Role

EXL Services is looking for an experienced Accounts Payable professional to support the Core Payment Process . The role involves end-to-end payment processing, invoice validation, vendor account management, reconciliations, payment controls, and month-end activities. The ideal candidate should have strong AP knowledge, attention to detail, good communication skills, and the ability to work effectively in a fast-paced environment.

Key Responsibilities

1. Core Payment Processing

• Process and execute vendor payments through ACH, Wire, Check, and other payment methods .
• Review payment proposals and validate invoices before payment release.
• Perform payment run checks, exception handling, and payment validations.
• Ensure timely and accurate processing of scheduled vendor payments.
• Monitor payment status and resolve failed, rejected, or returned payments.
• Follow defined approval workflows and payment authorization controls.

2. Invoice & AP Processing

• Review and process PO and Non-PO invoices in accordance with company policies.
• Validate invoice details including pricing, quantity, taxes, cost centers, and GL coding.
• Identify and resolve invoice/payment discrepancies with internal teams and vendors.
• Ensure invoices are processed within defined SLA and quality standards .

3. Vendor Management

• Handle vendor queries related to invoices, payments, remittances, and outstanding balances.
• Coordinate with Procurement, Business Teams, Treasury, and other stakeholders for issue resolution.
• Support vendor account maintenance and ensure accurate payment-related information.
• Investigate and resolve duplicate, short, or incorrect payments.

4. Reconciliation & Month-End Activities

• Perform vendor account and payment reconciliations .
• Review AP aging and investigate outstanding or overdue items.
• Support month-end and year-end closing activities related to Accounts Payable.
• Assist with payment forecasting and cash flow requirements.
• Prepare and maintain AP reports, payment reports, and reconciliation statements.

5. Compliance & Controls

• Ensure compliance with SOX controls, internal policies, and AP procedures .
• Perform appropriate payment validations and control checks before payment release.
• Maintain supporting documentation for internal and external audits.
• Identify process gaps and support continuous improvement initiatives.
• Ensure adherence to SLA, quality, and productivity targets.