Senior Associate - Accounts Payable

Groww; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Groww is seeking an Accounts Payable professional to manage end-to-end AP processes, ensuring accuracy, timely payments, and strong internal controls. The role emphasizes compliance with GST and TDS, while driving process improvements and automation across the payment cycle.

You will work closely with procurement and finance teams to streamline workflows, reconcile accounts, and support audit activities. A fintech/startup mindset and ERP experience are valued.

Qualifications

• 2–4 years of experience in accounts payable in fintech or startup environments.
• Strong knowledge of GST, TDS, and regulatory requirements.
• Proficiency in ERP systems (Oracle, SAP, or similar) and advanced Excel.
• Experience in automating accounts payable workflows and processes.
• Excellent analytical skills, problem-solving ability, and attention to detail.

Responsibilities

• Oversee and manage the entire accounts payable process, ensuring accuracy and compliance with company policies.
• Ensure accurate accrual of expenses at month-end and quarter-end, aligning with financial reporting requirements.
• Monitor and reconcile accrued liabilities, ensuring completeness and correctness of recorded expenses in line with accounting policies.
• Review, validate, and process vendor invoices, employee reimbursements, and contractual payments in a timely manner.
• Ensure compliance with GST, TDS, and other tax regulations applicable to vendor payments.
• Manage vendor relationships and resolve payment discrepancies efficiently.
• Lead the automation of accounts payable processes, including invoice processing, approvals, and payment reconciliation.
• Collaborate with cross-functional teams, including procurement, finance, and treasury, to streamline payment workflows.
• Monitor AP aging reports, ensure timely disbursement of funds, and manage working capital effectively.
• Conduct monthly and quarterly AP reconciliations to maintain accuracy in financial reporting.
• Assist in audit and compliance processes, providing necessary documentation and analysis.
• Implement and maintain internal controls to mitigate risks related to accounts payable.

Skills

Accounts payable

GST knowledge

Financial analysis

Vendor management

Tools

Oracle

SAP

Excel

Job description

About Groww:

We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers' needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo.

Our Vision

Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians.

Our Values

Our culture enables us to be what we are - India's fastest-growing financial services company. It fosters an environment where collaboration, transparency, and open communication take center-stage and hierarchies fade away. There is space for every individual to be themselves and feel motivated to bring their best to the table, as well as craft a promising career for themselves. The values that form our foundation are:

• Radical customer centricity
• Ownership-driven culture
• Keeping everything simple
• Long-term thinking
• Complete transparency

Job Summary

The person will be responsible for managing the end-to-end accounts payable process, ensuring timely vendor payments, reconciling accounts, maintaining internal controls, and optimizing the payment cycle. The role requires strong analytical skills, a keen eye for process improvements, and the ability to work in a fast-paced environment.

Key Responsibilities

• Oversee and manage the entire accounts payable process, ensuring accuracy and compliance with company policies
• Ensure accurate accrual of expenses at month-end and quarter-end, aligning with financial reporting requirements
• Monitor and reconcile accrued liabilities, ensuring completeness and correctness of recorded expenses in compliance with accounting policies
• Review, validate, and process vendor invoices, employee reimbursements, and contractual payments in a timely manner
• Ensure compliance with GST, TDS, and other tax regulations applicable to vendor payments
• Manage vendor relationships, and resolve payment discrepancies efficiently
• Lead the automation of accounts payable processes, including invoice processing, approvals, and payment reconciliation
• Collaborate with cross-functional teams, including procurement, finance, and treasury, to streamline payment workflows
• Monitor AP aging reports, ensure timely disbursement of funds, and manage working capital effectively
• Conduct monthly and quarterly AP reconciliations to maintain accuracy in financial reporting
• Assist in audit and compliance processes, providing necessary documentation and analysis
• Implement and maintain internal controls to mitigate risks related to accounts payable

Qualifications & Experience

• 2 - 4 years of experience in accounts payable, preferably in a fast-paced fintech or startup environment
• Strong knowledge of accounting principles, taxation (GST, TDS), and regulatory requirements
• Proficiency in ERP systems (Oracle, SAP, or similar) and advanced Excel skills
• Experience in automating accounts payable workflows using technology and process improvements
• Excellent analytical skills, problem-solving ability, and attention to detail
• Strong communication and stakeholder management skills to coordinate with internal teams and external vendors