Job Description

ob Title:

Accounts Payable Officer

Department:

Finance & Accounts

Location:

Mumbai

Reporting To:

Accounts Manager

Role Overview

The Accounts Payable Executive will be responsible for handling vendor payments, invoice processing, expense verification, and reconciliation in compliance with company policies and industry standards. The role ensures accuracy, timeliness, and transparency in financial transactions, supporting smooth operations of the hospitality business.

Key Responsibilities

Process vendor invoices, staff reimbursements, and supplier payments in a timely and accurate manner. Verify invoices against purchase orders, contracts, and goods receipt notes (GRN). Maintain accurate records of accounts payable transactions and update vendor ledgers. Reconcile vendor statements and resolve discrepancies. Coordinate with procurement, operations, and outlet managers to validate invoices. Monitor due dates to ensure timely payments and avoid penalties. Support monthly, quarterly, and year-end closing activities. Handle petty cash reimbursements and staff travel/entertainment claims as per policy. Ensure compliance with statutory requirements including GST, TDS, and other applicable taxes. Assist in internal and external audits by providing necessary documentation. Continuously review processes to ensure efficiency and cost control.

Requirements

Bachelor's degree in Commerce / Finance / Accounting or equivalent. 2-4 years of experience in

Accounts Payable

, preferably in the

Hospitality / F&B / Retail industry

. Strong knowledge of accounting principles, GST, TDS, and vendor management. Hands-on experience with ERP systems (SAP, Oracle, Tally, or hospitality-specific systems). Proficiency in MS Excel and other office applications. Strong attention to detail, accuracy, and problem-solving skills. Ability to work under pressure and meet deadlines. Good communication and coordination skills to liaise with vendors and internal teams.
Job Type: Full-time

Pay: ₹173,707.14 - ₹360,000.00 per year

Work Location: In person