Accounts Payable - construction projects

Tata Electronics (TEPL); Ahmedabad District, Gandhinagar, Bhavnagar, Dholera; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Tata Electronics (TEPL) in Ahmedabad seeks an experienced Accounts Payable specialist to manage end-to-end AP for construction projects, coordinating with Project, Procurement and Treasury to ensure timely payments.

The role requires 5–10 years in AP or Construction Finance, strong SAP/ERP skills (PS/MM/FI), advanced Excel and Power BI, and a proven track record of process improvements. You will forecast cash flow and prepare MIS reports for project liabilities.

Qualifications

• 5–10 years of experience in Accounts Payable, Project Finance, or Construction Finance.
• Experience with contractor billing, RA bills, milestone payments, retention accounting.
• Exposure to GST and TDS compliance.
• Hands-on SAP/ERP with SAP PS, MM, FI.
• Advanced Excel and Power BI skills.
• Strong stakeholder management and communication.
• Ability to drive process improvements and automation in AP.

Responsibilities

• Manage end-to-end Accounts Payable for construction projects (contractor, subcontractor, consultant, vendor payments).
• Drive weekly cash flow forecasting, funds planning, and payment proposals.
• Review and process RA bills, milestone payments, retention releases, advances, and statutory payments.
• Coordinate with Project, Procurement, Contracts, and Treasury teams to ensure timely payments.
• Monitor AP aging, outstanding liabilities, and disputed invoices; ensure timely resolution.
• Validate invoices against contracts, work completion certificates, purchase orders, and project budgets.
• Ensure GST, TDS compliance and internal controls.
• Support month-end closures, accruals, reconciliations, and project cost reporting.
• Prepare MIS reports on AP aging, cash flow, project liabilities, and payment status.
• Drive process improvements, automation, and best practices across AP operations.

Skills

Stakeholder management

Communication

Problem solving

Deadline management

Process improvement

Education

MBA (Finance)

M.Com

CA Inter

CMA Inter

B.Com

Tools

SAP PS

SAP MM

SAP FI

VIM

Excel

Power BI

Job description

Role & responsibilities

• Manage end-to-end Accounts Payable operations for construction projects, including contractor, subcontractor, consultant, and vendor payments.
• Drive weekly cash flow forecasting, funds planning, and payment proposals aligned with project funding requirements.
• Review and process RA bills, milestone-based payments, retention releases, advances, and statutory payments.
• Coordinate with Project, Procurement, Contracts, and Treasury teams to ensure timely and accurate payments.
• Monitor AP aging, outstanding liabilities, and disputed invoices, ensuring timely resolution.
• Validate invoices against contracts, work completion certificates, purchase orders, and project budgets.
• Ensure compliance with GST, TDS, internal controls, and financial governance requirements.
• Support month-end closures, accruals, reconciliations, and project cost reporting.
• Prepare MIS reports on AP aging, cash flow, project liabilities, and payment status.
• Drive process improvements, automation, and best practices across AP operations.

Essential Attributes

Technical

• Strong knowledge of Accounts Payable, Project Accounting, and Construction Finance.
• Experience in contractor billing, RA bills, milestone payments, retention accounting, and cash flow forecasting.
• Understanding of CapEx accounting, project cost controls, GST, and TDS compliance.
• Hands-on experience with SAP/ERP systems; SAP PS, MM, FI, and VIM exposure preferred.
• Advanced skills in Excel, Power BI, and financial reporting.

Behavioural

• Strong stakeholder management and communication skills.
• Problem-solving and decision-making capability.
• Ability to manage multiple projects and deadlines.
• Results-driven with a continuous improvement mindset.

Preferred candidate profile

• 5-10 years of experience in Accounts Payable, Project Finance, or Construction Finance.
• Experience managing contractor/vendor payments, reconciliations, and AP aging.
• Exposure to Construction, Infrastructure, EPC, Manufacturing, or Greenfield Project environments.
• Experience handling audits, compliance, and financial governance.
• Prior team management experience preferred.

Qualifications

MBA (Finance) / M.Com / CA Inter / CMA Inter / B.Com with relevant experience.

Experience Required: 5-10 years.