Accounts Payable Specialist - BPTP (Real Estate)

Job Summary:

This role is responsible for managing the end-to-end accounts payable process including invoice verification, vendor coordination, reconciliation and timely processing of payments. The ideal candidate must have prior experience in project accounting within the real estate sector and a strong understanding of taxation, compliance and financial closing procedures.

Key Responsibilities:

1. Invoice Processing & Verification

• Receive, verify and process vendor invoices with complete supporting documentation (POs, GRNs, contracts etc.).
• Ensure accuracy in coding and recording transactions in the accounting system.
• Liaise with internal departments for invoice clarifications and approvals.

2. Vendor Management

• Coordinate with vendors for timely submission of invoices and resolution of discrepancies.
• Track vendor-ageing reports and support timely payment planning.

3. Payment Execution

• Process vendor payments as per schedule aligned with the cash flow and management guidance.
• Ensure payments are supported by valid documentation and approvals.

4. Reconciliation & Reporting

• Perform monthly reconciliation of accounts payable balances and vendor ledgers.
• Support bank reconciliation by sharing required data on disbursements.

5. Compliance & Internal Control

• Ensure all transactions comply with internal policies and applicable statutory requirements.
• Assist in preparing schedules and responding to audit requirements.
• Maintain records in accordance with regulatory and audit standards.

6. Month-End and Year-End Closures

• Assist in monthly, quarterly and annual financial closing activities related to payables.
• Prepare data for accruals and ensure accuracy in expense reporting.

7. Compliance & Governance

• Use ERP systems (preferably SAP) for managing invoices and payments
• Collaborate with Treasury and MIS teams for reporting and budgeting input.

Qualifications:

• Graduate/Postgraduate in Commerce (B.Com / M.Com).
• 45 years of relevant experience in Accounts Payable preferably in the Real Estate industry.
• Strong understanding of taxation and statutory compliance.
• Proficient in MS Office (especially Excel); working knowledge of SAP is an added advantage.
• Strong attention to detail, time management and communication skills.
• Ability to work independently and manage multiple priorities.

Share your resume at [email removed]