Role & responsibilities

Vendor Invoice Processing & Verification

- Verify vendor bills against PO/work order/BOQ, GRN and contract terms
- Ensure proper approvals and GST/TDS applicability check before booking
- Ensure accurate and timely recording of all vendor payment entries in the accounting/ERP system
- Match payment entries against approved invoices/vouchers before posting
- Maintain proper supporting documentation and authorisation for all payment postings

Vendor Payments & Fund Disbursement

- Prepare payment runs as per approved payment schedule and cash flow plan
- Ensure timely release of payments to vendors, contractors and subcontractors

TDS & GST Compliance on Vendor Bills

- Deduct and account for TDS as per applicable sections
- Reconcile GST input credit (2A/2B matching) and support timely deposit/return filing

Vendor Reconciliation & Ledger Management

- Periodically reconcile vendor ledgers and resolve discrepancies




- Obtain and file vendor balance confirmations

Retention Money & Bank Guarantee Management

- Track retention money withheld and released as per contract terms
- Monitor bank guarantee validity, renewals and expiry for contractors

Advance & Mobilisation Payment Tracking

- Track advances paid to contractors/vendors and recovery against running bills
- Ensure adherence to internal control and approval matrix for all payments

AP Ageing & MIS Reporting

- Prepare accounts payable ageing, outstanding liability reports and payment forecasts
- Share periodic AP MIS with finance management
- Maintain complete documentation for all vendor payments to support statutory and internal audits

Preferred candidate profile

📌 Account Payable Manager (Mumbai)
🏢 Twenty Five South Realty
📍 Mumbai