Accounts Payable Specialist - BPTP (Real Estate)

Bptp; Dadri; On-site; INR 350,000 - 550,000; Full time

Job summary

Bptp is seeking an Accounts Payable professional to manage end-to-end invoice verification, vendor coordination and timely payments for real estate projects.

You will handle vendor invoicing, maintain records, perform monthly reconciliations and support close processes with accuracy and compliance.

The ideal candidate has commerce qualifications, SAP and MS Excel proficiency, and prior AP experience in real estate, ensuring statutory compliance and audit readiness.

Qualifications

• Graduate or postgraduate in Commerce (B.Com / M.Com).
• 45 years of relevant experience in Accounts Payable preferably in the Real Estate industry.
• Strong understanding of taxation and statutory compliance.
• Proficient in MS Office (especially Excel); working knowledge of SAP is an added advantage.

Responsibilities

• Invoice Processing & Verification: receive, verify and process vendor invoices with supporting documentation (POs, GRNs, contracts).
• Vendor Management: coordinate with vendors for timely submission and resolve discrepancies.
• Payment Execution: process vendor payments as per schedule with proper approvals.
• Reconciliation & Reporting: monthly AP balances reconciliation and vendor ledger checks.
• Compliance & Internal Control: ensure transactions comply with policies and regulatory requirements; assist audit requests.
• Month-End and Year-End Closures: assist in monthly/quarterly/annual closures; prepare accrual data.
• Compliance & Governance: use SAP for invoices/payments; collaborate with Treasury and MIS for reporting.

Skills

Attention to detail

Time management

Communication skills

Education

B.Com / M.Com

Tools

MS Excel

SAP

Job description

Job Summary

This role is responsible for managing the end-to-end accounts payable process including invoice verification, vendor coordination, reconciliation and timely processing of payments. The ideal candidate must have prior experience in project accounting within the real estate sector and a strong understanding of taxation, compliance and financial closing procedures.

Key Responsibilities

1. Invoice Processing & Verification

• Receive, verify and process vendor invoices with complete supporting documentation (POs, GRNs, contracts etc.).
• Ensure accuracy in coding and recording transactions in the accounting system.
• Liaise with internal departments for invoice clarifications and approvals.

2. Vendor Management

• Coordinate with vendors for timely submission of invoices and resolution of discrepancies.
• Track vendor-ageing reports and support timely payment planning.

3. Payment Execution

• Process vendor payments as per schedule aligned with the cash flow and management guidance.
• Ensure payments are supported by valid documentation and approvals.

4. Reconciliation & Reporting

• Perform monthly reconciliation of accounts payable balances and vendor ledgers.
• Support bank reconciliation by sharing required data on disbursements.

5. Compliance & Internal Control

• Ensure all transactions comply with internal policies and applicable statutory requirements.
• Assist in preparing schedules and responding to audit requirements.
• Maintain records in accordance with regulatory and audit standards.

6. Month-End and Year-End Closures

• Assist in monthly, quarterly and annual financial closing activities related to payables.
• Prepare data for accruals and ensure accuracy in expense reporting.

7. Compliance & Governance

• Use ERP systems (preferably SAP) for managing invoices and payments
• Collaborate with Treasury and MIS teams for reporting and budgeting input.

Qualifications

• Graduate/Postgraduate in Commerce (B.Com / M.Com).
• 45 years of relevant experience in Accounts Payable preferably in the Real Estate industry.
• Strong understanding of taxation and statutory compliance.
• Proficient in MS Office (especially Excel); working knowledge of SAP is an added advantage.
• Strong attention to detail, time management and communication skills.
• Ability to work independently and manage multiple priorities.