TM- Accounts Payable

Birla Estates; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Birla Estates is seeking an experienced Accounts Payable specialist in Mumbai to manage vendor invoices, payments, and related compliance across multiple projects.

The role emphasizes GST, TDS, RERA regulations, and strong controls, requiring SAP proficiency and Advanced Excel, with responsibilities spanning reconciliation, reporting, and audit support.

You will collaborate with Finance, Legal, and Compliance teams, ensure timely payments, and contribute to cash flow forecasting and MIS reporting.

Qualifications

• Experience in vendor payments and AP processes.
• Knowledge of GST, TDS, and statutory regulations.
• Proficiency with SAP and advanced Excel.

Responsibilities

• Verify and process vendor invoices and work orders.
• Ensure GST compliance and supporting documentation.
• Manage vendor payment lifecycle across projects.
• Prepare payment schedules aligned with cash flows.

Skills

Accounts Payable

SAP

Advanced Excel

RERA Compliance

Vendor Management

Job description

Key Responsibilities:

• Verify and process vendor invoices, contractor bills, and work orders
• Ensure billing accuracy, GST compliance, and supporting documentation
• Coordinate with project/site teams for work certifications and approvals
• Ensure adherence to internal approval matrices and SOPs
• Manage the complete vendor payment lifecycle across multiple projects
• Prepare payment schedules aligned with project cash flows and funding availability
• Ensure timely and accurate vendor payments
• Handle escalations related to delayed or disputed payments
• Ensure vendor payments are aligned with RERA regulations and approved project budgets
• Support monitoring of 70:30 RERA escrow account utilization where applicable
• Maintain documentation required for RERA audits, inspections, and disclosures
• Coordinate with Finance, Legal, and Compliance teams for RERA filings and reporting
• Ensure project expenses are mapped under RERA-compliant cost heads
• Perform regular vendor ledger reconciliations and resolve discrepancies
• Ensure accurate booking of liabilities and expenses
• Maintain updated vendor outstanding reports
• Support smooth month-end and year-end book closure activities
• Ensure correct deduction and timely deposit of TDS on vendor payments
• Verify GST input credit eligibility and statutory compliance
• Support preparation of GST and TDS returns
• Assist auditors with tax and compliance-related documentation
• Support project-wise cost tracking and budget monitoring
• Ensure expenses are booked under appropriate project codes and cost heads
• Provide payable data for MIS reporting and profitability analysis
• Support cash flow planning and forecasting activities
• Support internal, statutory, and tax audits
• Maintain audit-ready documentation for all transactions
• Resolve audit queries related to vendor payments and compliance
• Ensure strong internal controls over payable processes
• Strong expertise in Accounts Payable and vendor management
• Good understanding of RERA compliance and escrow-based fund flow management
• Knowledge of GST, TDS, and statutory regulations
• Experience in project cost accounting and real estate finance
• Proficiency in SAP systems and Advanced Excel
• Strong analytical, reporting, and stakeholder management skills
• Ability to manage multiple projects and payment cycles efficiently

Skills:

• Prior exposure to RERA compliance and project accounting preferred
• Preferred Experience
• Handling contractor/subcontractor billing and payments
• Exposure to RERA audits and compliance reporting
• Experience managing multi-project residential/commercial portfolios
• Experience in cash flow-driven payment planning and forecasting