JOB DESCRIPTION

The Accounts Payable & MIS Executive will be responsible for managing the end-to- end accounts payable process. Additionally, this role involves preparing a detailed MIS reports specific to project costs, variance analysis and cash flow forecasting to assist management.

DUTIES AND RESPONSIBILITIES

Accounts Payable & Vendor Management:

• Invoice Processing & Verification: Process invoices from contractors,

material suppliers, consultants, etc.

• Vendor Reconciliation: Conduct periodic ledger reconciliations to resolve

discrepancies in a timely manner.

• Retention & Hold Management: Track and manage retention money,

mobilization advances, and security deposits withheld from contractor bills as

per contract terms.

• Payment Scheduling: Prepare weekly payment cycles aligned with the

companys cash flow availability and project priorities.

• Mobilization Advance Tracking:



Managing the recovery cycle of upfront

advances given to contractors, Material suppliers, etc.

• Inter-Company / Inter-Project Reconciliation: Reconciling

payable/Receivable, material supplies, or labour shared between different

entities under the same parent developer group.

• Partner/Stakeholders Management: Engage with Partners on a day-to-day

basis for the reconciliation

MIS Reporting & Financial Analysis:

• Project Cost MIS: Prepare and update monthly Reports comparing

Budgeted vs. Actual expenditures (Variance Analysis).

• Cash Flow Forecasting: Assist in preparing cash outflow forecasts for

ongoing and upcoming projects.

• Aging Analysis: Generate and analyse Vendor Ageing Reports

📌 Accounts Payable (Mumbai)
🏢 Keystone Realtors
📍 Mumbai