Payable Executive, Global Accounting Recruitment Notice

***We strongly encourage you to read the whole circular prior to applying*** 

Company: NEXT Ventures Ltd

Location: The Pearl Trade Center, 6th & 8th Floor, Cha-90/3 Pragati Sarani, North Badda, Dhaka 1212

Position: Payable Executive, Global Accounting

Vacancy: 1

Job Nature: Full Time 

Office Hours: 9.30 AM - 6.30 PM

Weekend: 2 Days

Deadline: Jan 31, 2025

Compensation:

• Salary Range: BDT 30,000 - BDT 35,000
• Bi-Annual Salary Increment (Eligibility Condition Applies).
• Bi-Annual Performance Bonus (Eligibility Condition Applies).
• 2 Times Yearly Festival Bonus (Eligibility Condition Applies).

Company Overview:

NEXT is a global fintech group. We own & operate FundedNext, a leading prop trading platform, and are expanding into the CFD brokerage industry.

We are a team of 450+ diverse professionals operating across 5 countries, serving over 220,000+ daily active traders from 170+ countries.

Job Overview:

We are looking for a detail-oriented Payable Executive and Billing Specialist to manage invoicing, accounts payable, and reconciliation processes. This role involves ensuring timely and accurate invoicing, managing vendor payments, and maintaining financial accuracy. You will also collaborate with internal teams to resolve discrepancies, ensure compliance with accounting standards, and improve internal processes. If you have strong financial operations knowledge and excellent communication skills, this is a great opportunity to contribute to our dynamic team.

Job Responsibilities:

1. Invoice Management and Processing

• Prepare and issue accurate invoices to clients/customers in a timely manner.
• Review and validate incoming invoices from vendors/suppliers, ensuring alignment with purchase orders and contracts.
• Monitor recurring billing schedules and ensure automated billing cycles are error-free.

2. Accounts Payable Operations

• Process and manage payments to suppliers, ensuring all payments are made on or before due dates.
• Perform 3-way matching (invoice, purchase order, and receipt) to prevent overpayments or duplicate payments.
• Address and resolve discrepancies in invoices and supplier statements through reconciliation.

3. Reconciliation and Reporting

• Reconcile accounts payable and billing ledgers, ensuring all transactions are correctly posted.
• Prepare monthly, quarterly, and annual reconciliations of vendor accounts and billing records.
• Generate and analyze reports on outstanding payables, billing errors, and aging reports.

4. Dispute Resolution and Communication

• Collaborate with internal teams (procurement, finance, and operations) to resolve billing or payment discrepancies.
• Communicate with suppliers and customers regarding invoice queries, payment schedules, and credit notes.
• Ensure timely resolution of disputes to avoid penalties, late fees, or service interruptions.

5. Compliance and Internal Controls

• Ensure all billing and payable processes comply with internal policies, accounting standards, and regulatory requirements.
• Maintain accurate and organized records of all invoices, payments, and reconciliations for audit purposes.
• Identify areas for process improvement and recommend automation tools to enhance efficiency and accuracy.

6. Cash Flow and Expense Management

• Monitor cash outflows, ensuring alignment with budget forecasts and liquidity needs.
• Capture and maximize early payment discounts from vendors to reduce costs.
• Track and manage payment terms to optimize working capital

Education & Experience:

• 1-2 years of experience in a relevant field will receive priority. But freshers with dedication to work are encouraged to apply.
• Must have a Bachelor’s degree in Accounting/Economics/Finance from a reputable University.

Skills & Competencies:

• Familiarity with financial software i.e. QuickBooks, Xero accounting software.
• Basic knowledge of financial management principles and accounting practices.
• Strong attention to detail and problem-solving skills.
• Excellent communication skills in English, both written and verbal, with the ability to convey complex information clearly and concisely.
• Ability to work with minimal supervision and meet deadlines.
• Have basic knowledge of Google Suite and MS Office packages.
• Self-motivated and a strong desire to take on new challenges.

What​ ​We​ ​Can​ ​Offer​ ​You:
 

Food & Beverage:

• Subsidized Lunch.
• Free Afternoon Snacks.
• Unlimited Tea & Coffee.

Entertainment:

• Annual Retreats.
• Honeymoon Package For Newly Weds.
• Birthday Leave.
• Celebration of Events & Occasions.  
• Relax & Sports Zone.
• Game Night.

Games We Play:

Ø Indoor Games: 

• Billiard, Foosball, PlayStation, etc.

Ø Outdoor Games:

• Football, Cricket, Badminton etc.

Learning Opportunities:

• Programs designed to develop your leadership and management skills.
• An Environment That Fosters Accelerated Growth & Training.
• Engage in challenging projects that provide hands-on experience and learning.

Employee Centric Policies:

• Leave Policy.
• Quarterly Reviews & Feedbacks.
• Work-Life Benefits.
• Clear career paths and promotion policies to help you achieve your professional goals.