Varel Energy Solutions (VES) is one of the world’s largest independent manufacturer and suppliers of downhole drilling and completions products to the energy sector. The key to the company's success is underpinned by the virtues and the cultural framework of our employees.  VES offers an exciting and fast paced work environment, attractive benefits, and competitive pay. If you’re looking to invest in your career development, Varel Energy Solutions is the right place for you.  Come join our team!

Summary: VES is looking for an Accounts Assistant to join our team in Faridabad, India location. The Accounts Payable Executive will be responsible for managing the end-to-end Accounts Payable (AP) process, ensuring timely and accurate processing of invoices, vendor payments, and reconciliations. The role requires strong attention to detail, proficiency in SAP, and effective coordination with internal finance teams.

Essential Duties and Responsibilities include the following. Other duties may be assigned.
 

1. Invoice Processing & Vendor Payments
   • Validate and process vendor invoices in compliance with company policies and tax regulations.
   • Ensure timely execution of vendor payments and maintain payment schedules.
2. Vendor Reconciliation & Discrepancy Resolution
   • Perform regular vendor account reconciliations.
   • Investigate and resolve discrepancies related to invoices, payments, and credit notes.
3. Coordination with Internal Teams
   • Liaise with procurement, finance, and operations teams to resolve invoice and payment-related queries.
   • Support month-end and year-end closing activities related to AP.
4. Record Maintenance & Compliance
   • Maintain accurate and up-to-date AP records in SAP.
   • Ensure compliance with internal controls and audit requirements.
5. SAP Transactions
   • Execute AP-related transactions in SAP, including invoice posting, payment runs, and vendor master data updates.
   • Generate AP reports for management review.

Education and/or Experience:

• Bachelor’s degree in Commerce, Finance, or related field.
• 2–3 years of experience in Accounts Payable operations.
• Hands-on experience with SAP (mandatory).
• Strong knowledge of GST, TDS, and other applicable tax regulations.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work under tight deadlines and manage multiple priorities.

Thank you for your interest in a career with Varel Energy Solutions.