Assistant Manager - Accounts Payable

Job Description

Job Title: Assistant Manager - Accounts Payable Department/Group: Finance Operations Location: Bangalore (Work from Office) Reporting to: Manager - Finance Company Profile: Chai Point is the worlds largest chai-led beverage platform, serving customers across 9 cities through its retail network and specialized Brewing Bots at leading workplaces across 40+ cities in India. We aim to "serve a great cup that brightens lives and brings people together." Along with our wide variety of beverages, we offer a range of food and accompaniments, catering to customers both at retail outlets and at home via our CPG products. Chai Point is expanding its omni-channel presence in India. Job Description: This is a crucial role within the Finance team, focusing on Accounts Payable and Vendor reconciliation processes. The ideal candidate will thrive in a fast-paced, high-growth environment and will have a strong background in finance operations. This role involves managing the day-to-day accounts payable functions while ensuring smooth operations in the procurement-to-pay process. Key Responsibilities: Manage accounts payable (A/P) processes, including invoice accounting, tracking, and reporting. Handle vendor reconciliations, ensuring accuracy and timely settlements. Oversee the entire P2P (Purchase to Pay) process, ensuring that vendors are onboarded and processed effectively. Prepare and maintain Purchase Register, Accounts Payable reports, and vendor reconciliation documents. Monitor and control Payable Reconciliations, ensuring all discrepancies are resolved. Coordinate and execute the invoice accounting process efficiently. Support the month-end and year-end close processes with respect to accounts payable. Ensure compliance with accounting policies and principles, specifically in expense recognition. Requirements and Skills: 4+ years of experience in finance operations, particularly in accounts payable or similar areas. A degree in Commerce, Accounting, Finance, or related field (UG or PG). Strong understanding of accounting principles and procedures, particularly in expense recognition. Proficiency in MS Excel (advanced knowledge preferred). Experience with general ledger functions and the month-end/year-end close process. Knowledge of FAR (Fixed Assets Register) is a plus. Personal Traits: Strong team management and collaboration skills, with the ability to work seamlessly in a team environment. Excellent communication skills, with a customer-service-oriented mindset. Self-starter with a problem-solving attitude. Detail-oriented, ensuring accuracy in financial reporting and reconciliation. Strong sense of ownership and accountability. If you are an enthusiastic, detail-oriented individual with a strong understanding of finance operations and accounts payable, we would love to have you on board. Join us at Chai Point as we continue to grow and expand!