Accounts Payable

Loadshare Networks Pvt. Ltd.; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

LoadShare is seeking an experienced Accounts Payable lead to manage vendor payments, employee reimbursements, reconciliations, and compliance. You will drive process improvements, automation, and strong internal controls across the AP function.

The role requires hands-on Zoho Books experience, GST and TDS knowledge, and collaboration with procurement, finance, and operations. Bengaluru-based position with growth opportunities in a fast-growing logistics platform.

Qualifications

• Hands-on experience in Accounts Payable operations.
• Working knowledge of GST and TDS compliance.
• Proficiency in MS Excel and reconciliation tools.

Responsibilities

• Process vendor invoices with proper documentation and approvals.
• Manage payments per terms and verify bank details.
• Perform AP aging analysis and vendor statement reconciliations.
• Maintain vendor records and prepare aging reports for audits.
• Coordinate with procurement, finance, and operations to resolve issues.
• Support month-end/year-end closing and internal controls.
• Identify opportunities to automate AP processes and improve workflows.
• Close year-end with accurate reconciliations and reporting.

Skills

Accounts Payable

Stakeholder management

Financial compliance

Automation awareness

Tools

Zoho Books

Tally

MS Excel

Job description

Job Description

About Loadshare:
LoadShare is one of India’s most innovative and resilient logistics platforms, transforming how goods move across the country. Founded in 2017, we’ve grown to become a pan-India, multi-category last-mile network with a unique presence in both Tier 1 metros and deep Tier 2/3 towns.

What sets us apart:

• Scale with depth: We handle ~550K deliveries/day across food, e-commerce (B2C), B2B retail, and digital commerce, powered by a 30,000+ rider network.
• Strong financials, stronger ambition: With 800+ Cr in FY26 revenue and support from global investors (Tiger Global, Matrix, BII, Stellaris, BeeNext), we have a long runway and a path to profitability.
• Dual-engine model: We not only operate India’s most flexible last-mile delivery network, but also license our in-house logistics tech platform that processes an additional 20 lakh orders/day — one of the few in India to enable asset cross-utilization across verticals.
• Strong Tech: We are in a unique position to cross-utilize the delivery boys across different earning opportunities matching the peaks of various use-cases throughout the day. (ex: grocery peaks at 6-8 am, while bike taxi peaks from 8 to 10 am, etc). In addition to this, our supply chain SaaS platforms power over 1M+ shipments per day.
• Strategic partner to India’s digital economy: We work with every major digital commerce player (ecomm, quick commerce, food, mobility) , and are expanding wallet share and capabilities within existing giants while co-creating new models with emerging platforms and brands.
• Built to scale profitably: We’re not chasing GMV at all costs. We’re building the most capital-efficient, tech-enabled logistics engine in the country. We’re now building for our next phase: a 5X scale-up over the next 5 years, anchored in sharper client focus, deeper solutions, and new growth engines.

Founders/ Founding team:

Raghu Talluri (CEO) - Formerly at Myntra, McKinsey

Pramod Nair (CTO) - Formerly at Freecharge, Snapdeal, MartMobi

Rakib Ahmed (Co Founder, Head EComm/ Trucking/Warehousing)- Formerly at ICICI Prudential, Co founder Lunate Eco

Roles and Responsibilities

Roles & Responsibilities

About the Role:

We are seeking an experienced professional to oversee the end-to-end Accounts Payable (AP) function. The role will be responsible for managing vendor payments, employee reimbursements, reconciliations, and ensuring compliance with taxation and financial regulations. Additionally, the candidate will drive process improvements through automation initiatives.

The ideal candidate should possess strong expertise in AP operations, stakeholder management, and financial compliance, along with a proven ability to optimize cash flow and strengthen internal controls.

Key Responsibilities

1. Invoice Processing

• Receive, verify, and process vendor invoices in a timely manner.
• Ensure invoices are supported with proper documentation, approvals, and agreement
• Perform 3-way matching (PO, GRN, Invoice) wherever applicable
• Handle non-PO invoices through proper approval workflows.

2.GST / TDS Compliance

• Verify vendor GST details and compliance status.
• Ensure correct GST input credit accounting.
• Deduct and account for TDS as per applicable sections and ensure timely remittance.

2. Payment Execution

• Prepare and process vendor payments in line with company policies and agreed payment terms.
• Validate bank details and supporting documents before payment release.
• Ensure accuracy and completeness to prevent duplicate or erroneous payments

3. Reconciliation

• Reconcile accounts payable ledger with vendor statements periodically.
• Perform AP aging analysis and outstanding review.
• Resolve discrepancies promptly to maintain accurate financial records.

4. Record Keeping & Reporting

• Maintain accurate and updated vendor transaction records.
• Prepare periodic AP aging reports and outstanding analysis.
• Ensure proper documentation for internal and external audit purposes.

5. Vendor Management

• Serve as the primary point of contact for vendor payment queries and disputes.
• Coordinate internally with procurement, finance, and operations teams to resolve issues.
• Review vendor contracts and agreements before payment processing.
• Ensure compliance with agreed commercial terms and SLAs.

6. Compliance & Month-End / Year-End Closing

• Support month-end and year-end closing activities including reconciliations, accruals, and reporting.
• Ensure compliance with internal controls and audit requirements.
• Assist in audit documentation and respond to audit queries.

7. Internal Controls & Risk Management

• Identify and flag duplicate or fraudulent invoices.
• Strengthen internal controls to prevent overpayments and financial leakages.
• Ensure adherence to SOPs and approval matrices.

8. Security Deposit (SD) Recovery

• Upon serving vacation notice, ensure booking of all pending bills.
• Recover balance amounts from landlord (LL).
• Close accounts properly in Zoho Books.

9. Process Improvement & Automation

• Identify and implement process improvements to enhance efficiency.
• Improve ERP approval workflows (Zoho Books / other ERP systems).

Qualifications & Experience:

• Hands-on experience in Zoho Books.
• Working knowledge of Tally (value-added).
• Strong proficiency in MS Excel (Pivot, VLOOKUP/XLOOKUP, reconciliation tools).