Accounts Assistant

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. Accounts Assistant is responsible for processing, validating, and maintaining vendor invoices while ensuring compliance with company policies, financial controls, and regional tax regulations across the Eastern Hemisphere. The role supports accurate financial reporting, vendor management, and efficient Accounts Payable operations within a fast-paced finance environment. Other duties may be assigned.

• Ensure compliance with company policies, tax regulations, and regional standards.
• Accurately process and validate invoices received from vendors across the Eastern Hemisphere.
• Verify invoice details including purchase orders (PO), goods receipt notes (GRN), and payment terms.
• Input invoice data into the Accounts Payable system and maintain accurate financial records.
• Liaise with vendors to resolve discrepancies or missing documentation.
• Provide timely updates to vendors regarding payment status and schedules.
• Perform periodic reconciliations of vendor accounts to ensure accuracy.
• Address discrepancies promptly to maintain financial integrity.
• Adhere to local tax laws, VAT/GST regulations, and compliance requirements.
• Generate periodic reports for management including aging analysis and invoice status updates.
• Work closely with procurement, finance, and operations teams to streamline AP processes.
• Support month-end and year-end closing activities.
• Investigate and resolve invoice discrepancies, duplicate payments, or vendor disputes.
• Identify opportunities to optimize invoice processing workflows and support automation initiatives.
• Maintain organized records of invoices and approvals for audit readiness while ensuring confidentiality of financial data.
• Adhere strictly to internal standards, policies, and procedures

Competencies (skills & abilities)
Ability to:

• Strong attention to detail and accuracy in invoice processing.
• Analytical and problem-solving skills to identify discrepancies.
• Effective verbal and written communication skills.
• Strong organizational and time management abilities.
• Ability to prioritize tasks and meet strict deadlines.
• High level of integrity and professionalism when handling financial data.

Education & Knowledge:

• Degree or diploma in Accounting, Finance, Business Administration, or related field.
• Certification in accounting/bookkeeping (CA or similar) is an advantage.
• Basic understanding of accounting principles, tax regulations, and compliance requirements.
• Understanding of VAT/GST and regional compliance standards across the Eastern Hemisphere.

Work Experience:

• 2–6 years of experience in Accounts Payable or similar finance role.
• Familiarity with invoice processing, vendor management, and financial reconciliations.
• Proficiency in accounting software (SAP or similar ERP systems) and Microsoft Excel

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