Accounts Payable Lead (CA or Inter CA)

Job Summary

The Accounts Payable Lead will be responsible for overseeing the end-to-end Accounts Payable cycle, vendor management, marketplace reconciliation, and compliance. This role requires strong analytical skills, leadership abilities, and hands-on experience in e-commerce accounting operations. The candidate will be expected to handle vendor escalations, guide junior team members, and support month-end closing and audit requirements.

Key Responsibilities

• Lead the Accounts Payable operations and ensure accuracy and timeliness in invoice processing and payments.
• Process, verify, and record vendor invoices in the accounting system.
• Match Purchase Orders (PO), Goods Receipt Notes (GRN), and resolve discrepancies with Procurement and Warehouse teams.
• Manage vendor payment cycles (NEFT / RTGS / UPI), payment scheduling, approvals, and documentation.
• Maintain vendor ledgers and resolve vendor queries and reconciliation issues.
• Reconcile marketplace statements (Flipkart, Meesho, Ajio, Myntra, etc.) including commissions, logistics charges, returns, penalties, and weight disputes.
• Coordinate with logistics partners for freight bill verification and RTO claim settlements.
• Ensure monthly reconciliation of marketplace settlements and recovery of claimable amounts.
• Maintain and post prepaid expenses, accruals, and support Fixed Asset Register updates and amortization.
• Handle TDS calculations, payments, and working support for TDS returns.
• Support GST compliance, including verification of Input Tax Credit documentation and reconciliations.
• Perform month-end closing activities including AP accruals, GR/IR reconciliation, vendor ageing review, marketplace settlement true-ups, and pass necessary journal entries.

Reporting & MIS

• Prepare weekly AP Ageing Reports and present payable status to Finance Manager.
• Prepare monthly Accounts Payable MIS and vendor reconciliation summaries.
• Highlight critical vendor issues, overdue balances, and claim recoveries.

Leadership & Team Handling

• Supervise and guide junior AP team members.
• Ensure task allocation, review entries, and maintain process discipline.
• Conduct training sessions on vendor reconciliation, marketplace accounting, and documentation standards.
• Assist in improving workflow efficiency and strengthening internal controls.

Audit & Compliance

• Prepare audit schedules and provide support during Internal and Statutory Audits.
• Ensure proper documentation, internal control compliance, and timely record maintenance.

Required Skills & Qualifications

• CA or CA Inter with minimum 2+ years of relevant experience.
• Strong experience in Accounts Payable; e-commerce industry experience preferred.
• Good communication skills in English (spoken & written).
• Hands-on experience with Tally ERP / Zoho Books or similar accounting platforms.
• Proficiency in Excel: VLOOKUP, Pivot Tables, Data Validation, Reconciliation.
• Strong understanding of GST, TDS, Purchase Accounting, and Vendor Reconciliation.
• Ability to work under deadlines and handle escalations.

Preferred Attributes

• Experience working with marketplace seller portals and finance dashboards.
• Negotiation capability for vendor and logistics dispute resolution.
• Detail-oriented, disciplined, and team-focused mindset.

Job Types: Full-time, Permanent

Pay: Up to ₹800,000.00 per year

Benefits:

• Flexible schedule
• Leave encashment

Application Question(s):

• Candidate should be CA or Inter CA

Work Location: In person

Expected Start Date: 01/12/2025